People cool off in the water near the port of Basra during a heatwave in Iraq, one of the countries that could face an economic hit due to climate change. AFP
People cool off in the water near the port of Basra during a heatwave in Iraq, one of the countries that could face an economic hit due to climate change. AFP
People cool off in the water near the port of Basra during a heatwave in Iraq, one of the countries that could face an economic hit due to climate change. AFP
People cool off in the water near the port of Basra during a heatwave in Iraq, one of the countries that could face an economic hit due to climate change. AFP

Middle East and African economies have most to gain if world goes green, study finds


Tim Stickings
  • English
  • Arabic

Victory in the fight against climate change would give the Middle East and Africa the biggest economic boost, a new study finds.

By the same token, however, some Middle East economies would be hit especially hard if global warming gets out of control.

In the most extreme case, a typical economy in the region would be more than 20 per cent smaller by 2100 than if emissions are reined in.

And the 174-country University of Cambridge research shows how vital it will be for the region to adapt to more extreme weather.

In a worst-case scenario for CO2 emissions, more resilience could be the difference between an economic hit of less than 1 per cent and about 10 per cent per year in several Middle East countries by 2050.

The UAE is among the Middle East countries that have the most to gain from an adaptation push, figures from the study analysed by The National show.

Scientists warn that people’s ability to withstand extreme heat could be pushed to its limit in hot countries, which are also vulnerable to drought.

Issues of particular concern in the Middle East include lack of water, pressure on food supplies, reduced seawater quality and worsening heat stress, diseases and allergies – all of which can damage the economy.

Last year’s Cop28 summit in Dubai ended with agreements to slash global CO2 emissions and focus resilience efforts on water, food, health, ecosystems, infrastructure, poverty and cultural heritage.

More than 800,000 mangrove have been planted along Abu Dhabi's coastlines. Photo: Abu Dhabi Media Office
More than 800,000 mangrove have been planted along Abu Dhabi's coastlines. Photo: Abu Dhabi Media Office

“No country is immune from the impact of climate change if greenhouse gas emissions are not curtailed,” said Kamiar Mohaddes of Cambridge Judge Business School, a co-author of the new study.

“Countries situated in hotter climates and those classified as low income likely face disproportionately higher income losses. However, countries in colder climates are not spared from the effects of climate change.

“Our findings emphasise the importance of climate change mitigation and adaptation policies to minimise these negative income effects.”

Best and worst cases

The study looks at several scenarios, ranging from a continued rise in fossil fuel use to a world where global warming is kept to 1.5°C, the goal of the Paris Agreement.

In that best-case scenario, most countries are better off by 2050 than if the trends of the past half-century continue, but the gains are not evenly spread.

The average African country has an extra 0.31 per cent of GDP per year, with Middle East countries gaining 0.27 per cent – figures worth many billions of dollars. The rest of the world sees smaller gains.

However, in a worst-case climate scenario, an annual hit of 8.1 per cent to Middle East economies is outweighed only by losses in North America.

The worst case assumes, however, that countries move slowly to prepare for hotter weather. In that event the world's economy could shrink by 24 per cent by 2100.

In a world of "faster adaptation", those losses are drastically reduced.

An annual GDP loss of 9.6 per cent per year in the UAE would be cut to 0.3 per cent, with similar potential savings in Saudi Arabia and Oman.

The UAE's adaptation plan includes policies to expand the country's mangroves, which act as both natural flood defences and carbon sinks.

As global warming accelerates, its impact on the economy “will be more detrimental than in the past” unless countries act quickly, the study's authors from Cambridge and the International Monetary Fund warn.

“Our findings emphasise the importance of mitigating climate change and implementing adaptation measures to minimise these negative effects,” they say.

“However, even with adaptation policies, the long-term growth effects of climate change are likely to persist, particularly in countries with hotter climates and lower incomes.”

The study Rising Temperatures, Melting Incomes: Country-Specific Macroeconomic Effects of Climate Scenarios, by Kamiar Mohaddes and Mehdi Raissi, is published in the journal Cambridge Working Papers in Economics.

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Pakistan: Sarfaraz Ahmed (c), Babar Azam (vc), Abid Ali, Asif Ali, Fakhar Zaman, Haris Sohail, Mohammad Hasnain, Iftikhar Ahmed, Imad Wasim, Mohammad Amir, Mohammad Nawaz, Mohammad Rizwan, Shadab Khan, Usman Shinwari, Wahab Riaz

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Specs – Taycan 4S
Engine: Electric

Transmission: 2-speed auto

Power: 571bhp

Torque: 650Nm

Price: Dh431,800

Specs – Panamera
Engine: 3-litre V6 with 100kW electric motor

Transmission: 2-speed auto

Power: 455bhp

Torque: 700Nm

Price: from Dh431,800

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Dubai World Cup factbox

Most wins by a trainer: Godolphin’s Saeed bin Suroor(9)

Most wins by a jockey: Jerry Bailey(4)

Most wins by an owner: Godolphin(9)

Most wins by a horse: Godolphin’s Thunder Snow(2)

The specs
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  • Power: 640hp
  • Torque: 760nm
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Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

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Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

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War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

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Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

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Company: Eighty6 

Date started: October 2021 

Founders: Abdul Kader Saadi and Anwar Nusseibeh 

Based: Dubai, UAE 

Sector: Hospitality 

Size: 25 employees 

Funding stage: Pre-series A 

Investment: $1 million 

Investors: Seed funding, angel investors  

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Lexus LX700h specs

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1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

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Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
RESULT

RS Leipzig 3 

Marcel Sabitzer 10', 21'

Emil Forsberg 87'

Tottenham 0

 

Why are asylum seekers being housed in hotels?

The number of asylum applications in the UK has reached a new record high, driven by those illegally entering the country in small boats crossing the English Channel.

A total of 111,084 people applied for asylum in the UK in the year to June 2025, the highest number for any 12-month period since current records began in 2001.

Asylum seekers and their families can be housed in temporary accommodation while their claim is assessed.

The Home Office provides the accommodation, meaning asylum seekers cannot choose where they live.

When there is not enough housing, the Home Office can move people to hotels or large sites like former military bases.

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The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

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AT4 Ultimate, as tested

Engine: 6.2-litre V8

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Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

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THE SPECS

Engine: 3-litre V6

Transmission: eight-speed automatic

Power: 424hp

Torque: 580 Nm

Price: From Dh399,000

On sale: Now

Hydrogen: Market potential

Hydrogen has an estimated $11 trillion market potential, according to Bank of America Securities and is expected to generate $2.5tn in direct revenues and $11tn of indirect infrastructure by 2050 as its production increases six-fold.

"We believe we are reaching the point of harnessing the element that comprises 90 per cent of the universe, effectively and economically,” the bank said in a recent report.

Falling costs of renewable energy and electrolysers used in green hydrogen production is one of the main catalysts for the increasingly bullish sentiment over the element.

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About Proto21

Date started: May 2018
Founder: Pir Arkam
Based: Dubai
Sector: Additive manufacturing (aka, 3D printing)
Staff: 18
Funding: Invested, supported and partnered by Joseph Group

What are the influencer academy modules?
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  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
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  • Friday, Sep 8 - Abu Dhabi Harlequins v Bahrain
  • Friday, Sep 15 – Kandy v Abu Dhabi Harlequins
  • Friday, Sep 22 – Kandy v Bahrain
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  • Promises of high, fixed or 'guaranteed' returns.
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Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Biog

Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

Company profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

Updated: July 10, 2024, 5:58 AM`