Abu Dhabi will be partly cloudy on Sunday. The National
Abu Dhabi will be partly cloudy on Sunday. The National
Abu Dhabi will be partly cloudy on Sunday. The National
Abu Dhabi will be partly cloudy on Sunday. The National

UAE weather: Partly cloudy as temperatures decrease


Neil Murphy
  • English
  • Arabic

The UAE will experience fair to partly cloudy weather on Sunday as cooler conditions move in.

Dubai and Abu Dhabi are expected to reach top temperatures of 31°C, forecasters say.

Winds will be light to moderate, reaching speeds of 15 to 25 kilometres an hour, which could cause dust to blow across some areas.

It will be rough to moderate sea over the Arabian Gulf and Slight over the Sea of Oman.

The partly cloudy and cooler conditions will last into Monday and beyond, the National Centre of Meteorology said.

Try out the test yourself

Q1 Suppose you had $100 in a savings account and the interest rate was 2 per cent per year. After five years, how much do you think you would have in the account if you left the money to grow?
a) More than $102
b) Exactly $102
c) Less than $102
d) Do not know
e) Refuse to answer

Q2 Imagine that the interest rate on your savings account was 1 per cent per year and inflation was 2 per cent per year. After one year, how much would you be able to buy with the money in this account?
a) More than today
b) Exactly the same as today
c) Less than today
d) Do not know
e) Refuse to answer

Q4 Do you think that the following statement is true or false? “Buying a single company stock usually provides a safer return than a stock mutual fund.”
a) True
b) False
d) Do not know
e) Refuse to answer

The “Big Three” financial literacy questions were created by Professors Annamaria Lusardi of the George Washington School of Business and Olivia Mitchell, of the Wharton School of the University of Pennsylvania. 

Answers: Q1 More than $102 (compound interest). Q2 Less than today (inflation). Q3 False (diversification).

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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

Updated: November 14, 2021, 8:01 AM