• A young woman receives a Pfizer jab in Diepsloot Township near Johannesburg, South Africa. AP Photo
    A young woman receives a Pfizer jab in Diepsloot Township near Johannesburg, South Africa. AP Photo
  • A girl wearing a face mask rides on a merry-go-round at the Christmas market in Frankfurt, Germany. AP Photo
    A girl wearing a face mask rides on a merry-go-round at the Christmas market in Frankfurt, Germany. AP Photo
  • People travel on a London underground tube train on the Jubilee Line, in London, during the pandemic. AP Photo
    People travel on a London underground tube train on the Jubilee Line, in London, during the pandemic. AP Photo
  • People wait for the tram in Vienna, Austria, amid the crisis. AP Photo
    People wait for the tram in Vienna, Austria, amid the crisis. AP Photo
  • A woman passes by an empty terrace in the Marrolles quarter in Brussels, Belgium. AP Photo
    A woman passes by an empty terrace in the Marrolles quarter in Brussels, Belgium. AP Photo
  • A teacher gives online lessons via webcam at the temporarily closed elementary school in the town of Trebisov, eastern Slovakia. TASR via AP
    A teacher gives online lessons via webcam at the temporarily closed elementary school in the town of Trebisov, eastern Slovakia. TASR via AP
  • Hairdressers and clients wear masks in Amsterdam, Netherlands. AFP
    Hairdressers and clients wear masks in Amsterdam, Netherlands. AFP
  • A man disinfects seats for tourists at a beach in Kuta, Bali, Indonesia. EPA
    A man disinfects seats for tourists at a beach in Kuta, Bali, Indonesia. EPA
  • Israeli boy Itamar, 5, receives a dose of the Pfizer/BioNTech Covid-19 vaccine at the Meuhedet Healthcare Services Organisation in Tel Aviv. AFP
    Israeli boy Itamar, 5, receives a dose of the Pfizer/BioNTech Covid-19 vaccine at the Meuhedet Healthcare Services Organisation in Tel Aviv. AFP
  • A patient suffering from Covid-19 is admitted in the intensive care unit of the Basaksehir Cam and Sakura City Hospital in Istanbul, Turkey. Reuters
    A patient suffering from Covid-19 is admitted in the intensive care unit of the Basaksehir Cam and Sakura City Hospital in Istanbul, Turkey. Reuters
  • A health worker prepares to administer the AstraZeneca jab in Abuja, Nigeria. AFP
    A health worker prepares to administer the AstraZeneca jab in Abuja, Nigeria. AFP

Omicron: how Covid-19 variants are named and classified


Daniel Bardsley
  • English
  • Arabic

Omicron, the new coronavirus variant detected in southern Africa, has sparked another round of concern that more transmissible and deadly forms of the pathogen may make controlling the pandemic harder.

Named on Friday as a Variant of Concern by the World Health Organisation, it has led to the introduction of travel bans aimed at preventing its spread.

We have to sit tight and see if it’s more virulent and more spreadable
Prof John Oxford

While Omicron, also known as B.1.1.529, has mostly been found in one province of South Africa, it has spread more widely, including to Europe.

Particularly worrying is its large number of mutations: 50 in total, of which more than 30 are on the spike protein, which attaches to human cells.

Almost two years on from when the coronavirus emerged, ideas around mutations and variants have become familiar to the public. Here we look at how variants are identified and named.

Why do variants emerge?

Each time the coronavirus copies its genetic material (ribonucleic acid or RNA), something it has to do to replicate, there is a risk that mistakes or mutations will happen.

Some of these mutations result in the virus incorporating different amino acids (protein building blocks) into the proteins that it makes.

These may alter how the virus behaves, such as influencing, for example, how easily it spreads from person to person or the extent to which it evades protection from vaccines.

Mutations that benefit the virus are likely to become more common and, together with others, may form a suite of changes characteristic of a new variant.

Health authorities across the globe are constantly testing samples of the coronavirus to track genetic changes and identify when such variants have emerged.

How are variants classified?

The World Health Organisation (WHO) has Variants of Concern (VOC), Variants of Interest (VOI), variants under monitoring (VUM) and formerly monitored variants.

The European Centre for Disease Prevention and Control (ECDC) uses a similar system, although instead of formerly monitored variants, it has a category of de-escalated variants.

Three things characterise VOC: they are more transmissible, can evade the protection from vaccination, and cause more severe disease or are resistant to treatments.

In May, the WHO introduced a VOC and VOI naming system based on the Greek alphabet to end the “stigmatising and discriminatory” practice of identifying them by the place where they were first identified.

Currently the WHO has five VOC: Alpha (first identified in the UK), Beta (South Africa), Gamma (Brazil), Delta (India) and Omicron (multiple countries).

There are two VOI, Lambda (first identified in Peru) and Mu (Colombia).

Variants in this category have genetic changes that may make them fit the criteria for VOC, and are also spreading widely.

With VUM, there are genetic changes that are potentially concerning and may pose a risk, but more evidence is needed.

When VOC or VOI are found to no longer pose a major public health risk, they may be reclassified as formerly monitored variants, of which there are more than a dozen.

Why is classifying variants useful?

The WHO says the work that it and many other health authorities is doing to monitor how the virus is changing can help spread the message to nations and the public about changes needed to respond to new variants.

Governments may introduce travel bans or other restrictions to prevent the spread of variants as they emerge, as has been seen this week with the Omicron variant. Prof John Oxford, emeritus professor of virology at Queen Mary, University of London, said he was “very impressed” by the molecular diagnostic tools used to monitor how the coronavirus is evolving and spreading.

When he was carrying out work with influenza in the past, he said scientists “would have loved” to have had the tests that are now available.

“It’s head and shoulders above what we were able to do with the flu,” he said, while cautioning against an over-reaction to the latest variant.

“We have to sit tight and see if it’s more virulent and more spreadable. It’s easy to get a society in a flap. We have to be a bit more relaxed until we’re sure.”

It is likely to take several weeks for scientists to gather the data needed to understand fully how concerning the Omicron variant is.

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%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Amit%20Joshi%20and%20Aradhana%20Sah%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECast%3A%3C%2Fstrong%3E%20Shahid%20Kapoor%2C%20Kriti%20Sanon%2C%20Dharmendra%2C%20Dimple%20Kapadia%2C%20Rakesh%20Bedi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Dhadak

Director: Shashank Khaitan

Starring: Janhvi Kapoor, Ishaan Khattar, Ashutosh Rana

Stars: 3

The specs

Engine: 3.5-litre V6

Power: 272hp at 6,400rpm

Torque: 331Nm from 5,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.7L/100km

On sale: now

Price: Dh149,000

 

The Melbourne Mercer Global Pension Index

The Melbourne Mercer Global Pension Index

Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.

The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.

“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.

“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”

Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.

Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.

“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

UAE currency: the story behind the money in your pockets

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

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%3Cp%3ECreated%20by%3A%20Darren%20Star%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Lily%20Collins%2C%20Philippine%20Leroy-Beaulieu%2C%20Ashley%20Park%3C%2Fp%3E%0A%3Cp%3ERating%3A%202.75%2F5%3C%2Fp%3E%0A

TCL INFO

Teams:
Punjabi Legends 
Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq
Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi
Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag
Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC
Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC
Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan

Venue Sharjah Cricket Stadium
Format 10 overs per side, matches last for 90 minutes
When December 14-17

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

RESULT

RS Leipzig 3 

Marcel Sabitzer 10', 21'

Emil Forsberg 87'

Tottenham 0

 

MATCH INFO

Fixture: Ukraine v Portugal, Monday, 10.45pm (UAE)

TV: BeIN Sports

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Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

LEADERBOARD
%3Cp%3E-19%20T%20Fleetwood%20(Eng)%3B%20-18%20R%20McIlroy%20(NI)%2C%20T%20Lawrence%20(SA)%3B%20-16%20J%20Smith%3B%20-15%20F%20Molinari%20(Ita)%3B%20-14%20Z%20Lombard%20(SA)%2C%20S%20Crocker%20(US)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESelected%3A%20%3C%2Fstrong%3E-11%20A%20Meronk%20(Pol)%3B%20-10%20E%20Ferguson%20(Sco)%3B%20-8%20R%20Fox%20(NZ)%20-7%20L%20Donald%20(Eng)%3B%20-5%20T%20McKibbin%20(NI)%2C%20N%20Hoejgaard%20(Den)%3C%2Fp%3E%0A
Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

ONCE UPON A TIME IN GAZA

Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi

Directors: Tarzan and Arab Nasser

Rating: 4.5/5

Updated: November 28, 2021, 6:33 AM