Live updates: follow the latest news on Covid-19 variant Omicron
Israel's Health Ministry on Thursday said several countries including the UAE, UK and US would be removed from a Covid-19 "red list" of banned destinations, despite a surge in the Omicron coronavirus variant.
"The ministry of health recommends to the government to remove at this stage all countries from the red list," it said.
The decision goes into effect Thursday, the ministry said, adding that it was "subject to the approval of the government".
The measure was taken "in light of the share of infections of those entering Israel compared to the share of community spread", the ministry said.
Ethiopia, Tanzania, Mexico, Switzerland and Turkey will also be removed from the banned destinations list.
Last month, Israel barred travel to those countries among dozens of "red" destinations to try to slow an Omicron-fuelled surge in cases.
That ban followed a move in late November to block entry to all foreign tourists.
Israel this week announced that vaccinated visitors from low-risk countries could enter the country.
"Five weeks ago we closed the state of Israel to entry by foreign nationals," Prime Minister Naftali Bennett said on Sunday. "This greatly delayed the entry of Omicron to the country."
Israeli authorities reported 16,115 coronavirus infections on Wednesday, the highest daily load since the start of the pandemic.
There are 307 people in hospital with the virus, the health ministry said.
On Monday Israel began administering fourth Covid-19 vaccine shots for people older than 60 and health workers.
About 4.3 million Israelis have had three shots of a coronavirus vaccine, while about 2.8 million people of a population of 9.4 million have not received any shots at all.
Visitors to Israel will be allowed in from Sunday.
They will have to take a PCR or antigen test before boarding their flights and another PCR when they arrive, and they will be required to enter quarantine while waiting for the result.
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
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Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
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Tips from the expert
Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.
- Sellers should focus on providing high-quality used goods at attractive prices to buyers.
- It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
- Try to advertise a realistic price to attract buyers looking for good deals, especially in the current environment where consumers are significantly more price-sensitive.
- Be creative and look around your home for valuable items that you no longer need but might be useful to others.
The nine articles of the 50-Year Charter
1. Dubai silk road
2. A geo-economic map for Dubai
3. First virtual commercial city
4. A central education file for every citizen
5. A doctor to every citizen
6. Free economic and creative zones in universities
7. Self-sufficiency in Dubai homes
8. Co-operative companies in various sectors
9: Annual growth in philanthropy