Over the past few weeks, I have spoken to dozens of experts about Covid-19, and there is clear evidence that the disease does discriminate in a few ways: it kills the old more often than the young, men more often than women, and it disproportionately impacts the poor.
But here is something I have seen no evidence of: Covid-19 discriminating on the basis of nationality. The virus does not care about borders.
I mention this because since the world became aware of the virus in early January, governments have focused on their own national responses and how they can protect the people living inside their borders. And that is understandable. But with such an infectious and widespread virus, leaders must also recognise that so long as there is Covid-19 somewhere, it concerns people everywhere.
Bill Gates: How we can end the diseases of poverty
Covid-19 has not yet hit many low- and middle-income countries hard. We are not exactly sure why. But what we do know is that the disease will eventually spread widely in these nations, and without more help, the caseloads and death tolls are likely to be worse than anything we have seen so far. Consider this: Covid-19 has overwhelmed cities such as New York, but the numbers suggest that even a single Manhattan hospital has more intensive-care beds than most African countries. Millions could die.
You do not have to live in a developing country to worry that this might impact you. Even if wealthy nations succeed in slowing the disease over the next few months, Covid-19 could return if the pandemic remains severe enough elsewhere. It is possibly only a matter of time before one part of the planet re-infects another.
This is why we need a global approach to fighting this disease. What that looks like will surely change as the pandemic evolves. But there are at least three steps world leaders – particularly those in the G20 – can take right now.
Ryan Wain: Tony Blair Institute praises UAE role
Co-ordinate resources
The first is making sure the world’s resources for fighting this pandemic are allocated effectively, including masks, gloves and diagnostic tests. Eventually, we hope there will be enough for everyone. But while the global supply is limited, we need to make hard choices in smart ways. Unfortunately, right now, that is not always happening.
There are some things leaders are starting to agree on – for instance, that frontline health workers should be tested first and receive priority access to personal protective equipment. But think about the choices we are making on a bigger scale: how are those masks and tests being distributed in one community or nation versus another? Right now, the answer often comes down to a troubling question: who is the highest bidder?
Phumzile Mlambo-Ngcuka: Women are on the front line
I am a big believer in capitalism. But some markets simply do not function properly in a pandemic, and the market for life-saving supplies is an obvious example. The private sector has an important role to play, but if our strategy for fighting Covid-19 devolves into a bidding war among countries, this disease will kill many more people than it has to.
We need to deploy resources based on public health and medical need. There are many veterans of the Ebola and HIV epidemics who can help craft guidelines to make this happen, and leaders of both developed and developing nations should work with the World Health Organisation and its partners to put them on paper. Then, all of the participating nations should agree to the guidelines publicly, so everyone is held accountable. These agreements will be especially important once a Covid-19 vaccine finally becomes available, because the only way we can completely end this pandemic is by immunising people against it.
Research and develop vaccines
That brings me to the second thing leaders must do: commit the necessary R&D funding to develop a vaccine.
There have been very few positive stories about Covid-19, but one is the science. Three years ago, our foundation, the Wellcome Trust, and various governments launched the Coalition for Epidemic Preparedness Innovations – or Cepi. The goal was to speed the process of testing vaccines and to fund new, faster ways of developing immunisations in the first place. If a novel virus were to start spreading around the world, we wanted to be ready.
Cepi is already developing at least eight potential vaccines for Covid-19, and researchers are confident they will have at least one ready within 18 months. That would be the fastest humans have ever gone from seeing a brand new pathogen to developing a vaccine against it.
This timeline, however, depends on funding. Many nations have contributed to Cepi within the past two weeks, but the coalition needs at least $2 billion for their work. That is only a rough number – innovation is an unpredictable business – but the G20 leaders should make meaningful pledges now.
They should also recognise that this funding is just to develop the vaccine – and not to manufacture or deliver it. That will require even more money and planning.
For one thing, we are not sure which vaccines will be the most effective yet, and each requires unique technology to make. That means nations need to invest in many different kinds of manufacturing facilities now, knowing that some will never be used. Otherwise, we will waste months after the lab develops an immunisation, waiting for the right manufacturer to scale up.
Mitigate costs
Another important consideration is the cost: If the private sector is willing to step up and manufacture this vaccine, for example, they should not have to lose money to do it. At the same time, any Covid-19 vaccine must be classified as a “global public good", and remain affordable and accessible to all. Fortunately, there are organisations such as Gavi, the Vaccine Alliance, which has a long history of helping low- and middle-income nations get access to critical immunisations.
Over the past two decades, Gavi has worked with the WHO and Unicef to introduce 13 new vaccines, including the Ebola vaccine, to the world’s 73 poorest countries. They are willing and able to do the same with a Covid-19 vaccine – but they, too, need more funding. Specifically, Gavi will need $7.4bn over the next five years – and that is just to maintain its current immunisation effort. Delivering a Covid-19 vaccine will cost even more.
These multi-billion-dollar price tags may seem like a lot of money – especially at a time when entire economies are slowing to a halt. But they are nothing compared to the cost of a botched immunisation effort and a longer outbreak.
For the past 20 years, I have been asking world leaders to invest in the health of the world’s poorest people. I have argued that it was the right thing to do – and it is. But pandemics remind us that helping others is not just the right thing to do; it is also the smart thing to do.
Humanity, after all, is not just bound together by common values and social ties. We are also connected biologically, by a microscopic network of germs that links the health of one person to the health of everyone else.
In this pandemic, we are all connected. Our response must be, too.
Bill Gates is the co-chair and trustee of the Bill and Melinda Gates Foundation
CHATGPT%20ENTERPRISE%20FEATURES
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Essentials
The flights
Return flights from Dubai to Windhoek, with a combination of Emirates and Air Namibia, cost from US$790 (Dh2,902) via Johannesburg.
The trip
A 10-day self-drive in Namibia staying at a combination of the safari camps mentioned – Okonjima AfriCat, Little Kulala, Desert Rhino/Damaraland, Ongava – costs from $7,000 (Dh25,711) per person, including car hire (Toyota 4x4 or similar), but excluding international flights, with The Luxury Safari Company.
When to go
The cooler winter months, from June to September, are best, especially for game viewing.
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
Directed: Smeep Kang
Produced: Soham Rockstar Entertainment; SKE Production
Cast: Rishi Kapoor, Jimmy Sheirgill, Sunny Singh, Omkar Kapoor, Rajesh Sharma
Rating: Two out of five stars
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Eyasses squad
Charlie Preston (captain) – goal shooter/ goalkeeper (Dubai College)
Arushi Holt (vice-captain) – wing defence / centre (Jumeriah English Speaking School)
Olivia Petricola (vice-captain) – centre / wing attack (Dubai English Speaking College)
Isabel Affley – goalkeeper / goal defence (Dubai English Speaking College)
Jemma Eley – goal attack / wing attack (Dubai College)
Alana Farrell-Morton – centre / wing / defence / wing attack (Nord Anglia International School)
Molly Fuller – goal attack / wing attack (Dubai College)
Caitlin Gowdy – goal defence / wing defence (Dubai English Speaking College)
Noorulain Hussain – goal defence / wing defence (Dubai College)
Zahra Hussain-Gillani – goal defence / goalkeeper (British School Al Khubairat)
Claire Janssen – goal shooter / goal attack (Jumeriah English Speaking School)
Eliza Petricola – wing attack / centre (Dubai English Speaking College)
Read more about the coronavirus
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.
More on Quran memorisation:
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.
Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
PROFILE OF INVYGO
Started: 2018
Founders: Eslam Hussein and Pulkit Ganjoo
Based: Dubai
Sector: Transport
Size: 9 employees
Investment: $1,275,000
Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri
UAE currency: the story behind the money in your pockets
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
JAPAN SQUAD
Goalkeepers: Masaaki Higashiguchi, Shuichi Gonda, Daniel Schmidt
Defenders: Yuto Nagatomo, Tomoaki Makino, Maya Yoshida, Sho Sasaki, Hiroki Sakai, Sei Muroya, Genta Miura, Takehiro Tomiyasu
Midfielders: Toshihiro Aoyama, Genki Haraguchi, Gaku Shibasaki, Wataru Endo, Junya Ito, Shoya Nakajima, Takumi Minamino, Hidemasa Morita, Ritsu Doan
Forwards: Yuya Osako, Takuma Asano, Koya Kitagawa
Company Fact Box
Company name/date started: Abwaab Technologies / September 2019
Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO
Based: Amman, Jordan
Sector: Education Technology
Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed
Stage: early-stage startup
Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.
Secret Nation: The Hidden Armenians of Turkey
Avedis Hadjian, (IB Tauris)
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
UAE%20medallists%20at%20Asian%20Games%202023
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Genesis G80 2020 5.0-litre Royal Specs
Engine: 5-litre V8
Gearbox: eight-speed automatic
Power: 420hp
Torque: 505Nm
Fuel economy, combined: 12.4L/100km
Price: Dh260,500
Favourite book: ‘The Art of Learning’ by Josh Waitzkin
Favourite film: Marvel movies
Favourite parkour spot in Dubai: Residence towers in Jumeirah Beach Residence
Mohammed bin Zayed Majlis
Also on December 7 to 9, the third edition of the Gulf Car Festival (www.gulfcarfestival.com) will take over Dubai Festival City Mall, a new venue for the event. Last year's festival brought together about 900 cars worth more than Dh300 million from across the Emirates and wider Gulf region – and that first figure is set to swell by several hundred this time around, with between 1,000 and 1,200 cars expected. The first day is themed around American muscle; the second centres on supercars, exotics, European cars and classics; and the final day will major in JDM (Japanese domestic market) cars, tuned vehicles and trucks. Individuals and car clubs can register their vehicles, although the festival isn’t all static displays, with stunt drifting, a rev battle, car pulls and a burnout competition.
Jawab Iteiqal
Director: Mohamed Sammy
Starring: Mohamed Ramadan, Ayad Nasaar, Mohamed Adel and Sabry Fawaz
2 stars
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THE BIO
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.
New schools in Dubai
Need to know
When: October 17 until November 10
Cost: Entry is free but some events require prior registration
Where: Various locations including National Theatre (Abu Dhabi), Abu Dhabi Cultural Center, Zayed University Promenade, Beach Rotana (Abu Dhabi), Vox Cinemas at Yas Mall, Sharjah Youth Center
What: The Korea Festival will feature art exhibitions, a B-boy dance show, a mini K-pop concert, traditional dance and music performances, food tastings, a beauty seminar, and more.
For more information: www.koreafestivaluae.com
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