The first 2,000 doses of the Covid-19 vaccine were sent to Hamas-ruled Gaza, the Palestinian Authority said, after being delayed by two days in Israel.
Palestinian Health Minister Mai AlKaila said the 2,000 doses of the Russian Sputnik V vaccine were sent through the Beitunia crossing between the occupied West Bank and Israel and are en route to Gaza.
She said they would go to frontline medical workers.
An Israeli defence official confirmed that the vaccines were on their way to Gaza after approval, saying it was "not in Israel's interest to have a Gaza health crisis". .
Israeli politicians had debated whether to allow the delivery of vaccines into Gaza, which has been under an Israeli-Egyptian blockade since Hamas, a militant group, seized power from rival Palestinian forces in 2007.
The Palestinian Authority administers parts of the West Bank and co-ordinates with Israel on security and other matters.
Some legislators said the delivery should be linked to progress on the release of two Israeli captives held by Hamas and the remains of two Israeli soldiers killed in 2014.
They also expressed concern that the first batch of vaccines would go to Hamas members rather than medical personnel.
Gaza is home to more than two million Palestinians, many of whom live in close confines, and has yet to receive any vaccines.
Authorities have reported more than 53,000 cases and at least 538 deaths since the start of the pandemic.
Israel launched one of the world's most successful vaccination programmes, inoculating more than a third of its population of 9.3 million since December.
Rights groups say it has an obligation as an occupying power to share its vaccines with the Palestinians. Israel denies such an obligation and says its priority is its own citizens.
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epa08360794 Palestinians walk in empty street inside al-Tujjar caravanserai in the West Bank city of Nablus, 13 April 2020. Nablus was closed due to the current novel coronavirus emergency after the Palestinian National Authority (PA) has imposed a new 14-day period of home confinement for all Palestinians living in the West Bank amid the ongoing pandemic of the COVID-19 disease caused by the SARS-CoV-2 coronavirus. EPA/ALAA BADARNEH -

epa08362541 Palestinians deliver food for patients and health workers at three quarantine centres in the West Bank city of Nablus, 14 April 2020. Nablus was closed due to the current novel coronavirus emergency after the Palestinian National Authority (PA) has imposed a new 14-day period of home confinement for all Palestinians living in the West Bank amid the ongoing pandemic of the COVID-19 disease caused by the SARS-CoV-2 coronavirus. EPA/ALAA BADARNEH -

A member of Palestinian Civil Defence wears a face shield as he takes part in a drill for dealing with coronavirus cases, amid concerns about the spread of the disease (COVID-19), in Ramallah in the Israeli-occupied West Bank April 23, 2020. REUTERS/Mohamad Torokman -

epa08362952 Palestinians fly a kite from their home roof over a neighborhood of the West Bank City of Nablus, 14 April 2020. Nablus was closed due to the current novel coronavirus emergency after the Palestinian National Authority (PA) has imposed a new 14-day period of home confinement for all Palestinians living in the West Bank amid the ongoing pandemic of the COVID-19 disease caused by the SARS-CoV-2 coronavirus. EPA/ALAA BADARNEH -

The head of the Greek Orthodox Church in Bethlehem Bishop Theofilactos leaves the Church of the Nativity to receive the Holy Fire as the ceremony is celebrated without a crowd due to the coronavirus disease restrictions in Bethlehem in the Israeli-occupied West Bank April 18, 2020. REUTERS/Mussa Qawasma -

A Palestinian girl looks out of her family apartment during a home-confinement order imposed to prevent the spread of the coronavirus disease (COVID-19), in Ramallah in the Israeli-occupied West Bank April 19, 2020. REUTERS/Mohamad Torokman -

A Palestinian groom, Rafeh Qassim, wears a mask as he sits in a car with his bride on their wedding day amid concerns about the spread of the coronavirus disease (COVID-19), in Ramallah in the Israeli-occupied West Bank April 18, 2020. REUTERS/Mohamad Torokman TPX IMAGES OF THE DAY -

A member of Palestinian Civil Defence on a truck sprays disinfectants during a drill for dealing with coronavirus cases, amid concerns about the spread of the disease (COVID-19), in Ramallah in the Israeli-occupied West Bank April 23, 2020. REUTERS/Mohamad Torokman -

epa08380077 Medical staff of the Palestinian health ministry checks the temperature of workers crossing the checkpoint of Mitar, near the West Bank town of Hebron, 23 April 2020. The instructions of the National Authority Ministry of Health forbid gatherings and movement between cities to prevent the spread of the SARS-CoV-2 coronavirus which causes the COVID-19 disease. EPA/ABED AL HASHLAMOUN -

epa08380080 Medical staff of the Palestinian health ministry takes a swab sample from a worker crossing the checkpoint of Mitar, near the West Bank town of Hebron, 23 April 2020. The instructions of the National Authority Ministry of Health forbid gatherings and movement between cities to prevent the spread of the SARS-CoV-2 coronavirus which causes the COVID-19 disease. EPA/ABED AL HASHLAMOUN -

Dr Hani Abdin, dean of the Faculty of Medicine at the Palestinian Al-Quds University, speaks during an interview at the campus in Abu Dis in the West Bank on April 23, 2020, as he showcases a respirator device built on campus and certified by Palestinian health authorities. Al-Quds University announced on April 23 that the Palestinian Ministry of Health had approved the computerised artificial respiration apparatus built by the university in the fight against the COVID-19 coronavirus pandemic. The university will launch its first devices for hospital use in the following week while working to register a patent. / AFP / ABBAS MOMANI -

Palestinians, wearing protective masks due to the COVID-19 coronavirus pandemic, pay for their shopping at the checkout counter of a supermarket on the last day before the start of the Muslim holy month of Ramadan, beginning later in the night, at a supermarket in the city of Hebron in the occupied West Bank on April 23, 2020. / AFP / HAZEM BADER -

Palestinian security officers look at an ostrich in a cage at the Qalqilya Zoo in the occupied West Bank, after the animal park was completely closed to visitors due to the novel coronavirus pandemic, on April 21, 2020. The zoo manager said the animals had started mating more due to the calm atmosphere, with the lack of visitors also improving their behaviour. The zoo is funded by the local municipality but faces a potential financial crisis with budget cuts. / AFP / JAAFAR ASHTIYEH -

Palestinians, some wearing protective masks, shop at a fruit and vegetables market during the Muslim holy month of Ramadan amid the COVID-19 pandemic, in the occupied West Bank city of Ramallah on April 26, 2020. / AFP / ABBAS MOMANI -

Palestinian Reem Abu Ayyash shows a spoon filled with rice during a video call with her husband Rami, a nurse who treats the coronavirus disease (COVID-19) patients and has avoided his family during Ramadan out of fear of contagion, as she prepares to have her Iftar (breaking fast) meal with her daughter at their home near Hebron in the Israeli-occupied West Bank April 28, 2020. Picture taken April 28, 2020. REUTERS/Mussa Qawasma TPX IMAGES OF THE DAY -

A Palestinian preacher speaks before a camera while recording a sermon and broadcasting the audio onto loudspeakers inside an empty mosque, due to the COVID-19 coronavirus pandemic, in the village of Salem east of Nablus in the occupied West Bank on the first Friday of the Muslim holy month of Ramadan on April 24, 2020. / AFP / JAAFAR ASHTIYEH
The Palestinian Authority has not publicly requested vaccines from Israel and says it has secured its own supply through the World Health Organisation and agreements with drug makers.
Still, this month Israel provided 2,000 doses of the Moderna vaccine to the authority, which oversees the West Bank's population of 3.3 million people, allowing it to begin vaccinating medical workers.
The authority said it had independently acquired another 10,000 doses of the Sputnik V vaccine.
It would need Israel’s permission to transfer them to Gaza.
Hamas is believed to be holding two captives, an Israeli of Ethiopian descent who entered Gaza shortly after the 2014 war and an Arab Bedouin citizen of Israel. In exchange, Hamas is likely to demand the release of a large number of Palestinian prisoners held by Israel, including individuals implicated in deadly attacks.
Tax authority targets shisha levy evasion
The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.
Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".
The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.
He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.
"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.
As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.
Yuki Means Happiness
Alison Jean Lester
John Murray
UAE%20ILT20
Jurassic%20Park
While you're here
MATCH INFO
Real Madrid 2
Vinicius Junior (71') Mariano (90 2')
Barcelona 0
TEACHERS' PAY - WHAT YOU NEED TO KNOW
Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
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.”
Central%20Bank's%20push%20for%20a%20robust%20financial%20infrastructure
FIGHT%20CARD
The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
While you're here
While you're here
Khaled Al Qubaisi: Ties between India and the UAE will boost investor confidence
Rebecca Bundhun: Will India's new farm laws cause farmers economic pain?
Neil Murphy: Britain must ‘double down’ on post-Brexit ties with India
Rebecca Bundhun: India needs to address its unemployment crisis
Gifts exchanged
- King Charles - replica of President Eisenhower Sword
- Queen Camilla - Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
- Donald Trump - hand-bound leather book with Declaration of Independence
- Melania Trump - personalised Anya Hindmarch handbag

