Tuesday evening's UAE coronavirus briefing provided updates on the country's vaccination programme, with more than 10.4 million vaccine doses now administered nationwide.
At an earlier briefing we had heard that two-thirds of eligible groups have been vaccinated. In some age categories, including the over-60s, the uptake has been higher. Officials this week said that society and government were “working together” to keep up momentum.
It was also reported that the UAE is now ranked eighth globally, and first in the Arab world, on Bloomberg’s international Covid resilience index, which looks at a range of indicators to measure the effectiveness of a country’s pandemic response. Singapore topped the table, overtaking New Zealand in the process, which fell to second spot as its vaccination programme has been slow to gather momentum. The UAE, meanwhile, rose three places.
UAE officials have been clear, however, that more needs to be done, reflecting the broader sense that there is little room for complacency even when data appears to paint an encouraging picture.
Addressing this point, Dr Saif Al Dhaheri, spokesperson for the National Emergency Crisis and Disasters Management Authority, earlier this month discussed some instances of vaccine hesitancy among sections of the community.
“Your hesitation today is an obstacle to our goals,” he said at a briefing. "It puts your family, loved ones and community at risk. The vaccine is our best means to recover and return to a normal life."
While there are good reasons why some members of society are unable to receive the vaccine – those who are too young, who may have allergies or underlying health conditions, among other reasons – the hesitancy of others is seen as a risk in the daily battle to recover ground lost to the pandemic.
Why people have delayed is a point of conjecture, although choice may have been a contributory factor, meaning some may have been tempted to delay while they wait for a particular vaccine to become licensed.
Dr Farida Al Hosani, health sector spokesperson, confirmed on Tuesday in an interview with The National that vaccine options will be available for the foreseeable future but added that no one option was better than another. The choice was simply there to spur community uptake and because "the UAE always tries to bring the best for its people".
The Sinopharm vaccine was initially the only approved vaccine, but both the Oxford-AstraZeneca and Pfizer-Biontech vaccine were subsequently given the go-ahead, as well as the Sputnik V, which has been approved for emergency use.
Dr Farida Al Hosani, spokeswoman for the UAE government's health authorities, said the country is seeing 'good progress' in Covid-19 vaccine take-up. Courtesy Oloum Aldar
Each of the available vaccines do the job they are meant to do, which is to save lives. It is easy to lose sight of that when there is so much talk of vaccine delivery helping to open up international travel and movement once more.
Data released by the Abu Dhabi Public Health Centre this year found that the Sinopharm vaccine was more than 90 per cent effective in preventing hospitalisation and 95 per cent effective against admission to intensive care.
Those data points are a reminder that vaccines are primarily there to protect communities from infection, rather than being vehicles to enable complete freedom of movement for the inoculated, which is the implied definition of so-called vaccine passports, a subject of widespread discussion around the world.
In that same interview, Dr Al Hosani cautioned against travelling abroad this summer if you were not fully vaccinated or intending to journey to somewhere in the world where the risk of infection was high.
Her words served as a reminder that we need to be cautious about both the terminology and application of vaccine passports.
Most of us connect such passports with the idea that getting vaccinated will open up international borders. Access to vaccines will certainly speed our journey to the latter, by helping to protect and save lives, but it is misleading to promote the idea of vaccine passports as freedom-guaranteeing status symbols. That kind of symbolism is all wrong.
The very dynamic situations in India and Turkey this month are a reminder of how quickly borders can close. Reuters
The wholesale opening of borders in the longer term should hinge on regular testing as much as vaccination
The very dynamic situations in India and Turkey this month are a reminder of how quickly borders can close, at which point a vaccine passport is largely redundant, save for it providing proof that the bearer has been inoculated and is less at risk than someone who has not been.
A return to the idea of certification, the 20th-century response to the post-1918 pandemic, is more appropriate than a so-called vaccine passport, which also could potentially discriminate against those who are unable to take some vaccines, such as pregnant women or breastfeeding mothers, vulnerable community members and children.
So, we need to move carefully in the next phase. Test events should be carried out, such as the plans that are being made for the President's Cup in May, and in the short-term interests of public safety it is appropriate to require protocols to be followed, such as capacity limits and spectators needing to show they have been vaccinated.
The wholesale opening of borders in the longer term should hinge on regular testing as much as vaccination. To date, the UAE has conducted more than 40 million tests on its population of approximately 10 million people.
A combination of the two strands – widespread testing and a comprehensive vaccine drive – will pay greater dividends over the coming months.
Nick March is an assistant editor-in-chief at The National
Cryopreservation: A timeline
Keyhole surgery under general anaesthetic
Ovarian tissue surgically removed
Tissue processed in a high-tech facility
Tissue re-implanted at a time of the patient’s choosing
Full hormone production regained within 4-6 months
RESULTS
Lightweight (female)
Sara El Bakkali bt Anisha Kadka Bantamweight
Mohammed Adil Al Debi bt Moaz Abdelgawad Welterweight
Amir Boureslan bt Mahmoud Zanouny Featherweight
Mohammed Al Katheeri bt Abrorbek Madaminbekov Super featherweight
Ibrahem Bilal bt Emad Arafa Middleweight
Ahmed Abdolaziz bt Imad Essassi Bantamweight (female)
Ilham Bourakkadi bt Milena Martinou Welterweight
Mohamed Mardi bt Noureddine El Agouti Middleweight
Nabil Ouach bt Ymad Atrous Welterweight
Nouredine Samir bt Marlon Ribeiro Super welterweight
Brad Stanton bt Mohamed El Boukhari
MATCH INFO
Uefa Champions League semi-final, second leg result:
Ajax 2-3 Tottenham
Tottenham advance on away goals rule after tie ends 3-3 on aggregate
Final: June 1, Madrid
Tips to avoid getting scammed
1) Beware of cheques presented late on Thursday
2) Visit an RTA centre to change registration only after receiving payment
3) Be aware of people asking to test drive the car alone
4) Try not to close the sale at night
5) Don't be rushed into a sale
6) Call 901 if you see any suspicious behaviour
Teaching your child to save
Pre-school (three - five years)
You can’t yet talk about investing or borrowing, but introduce a “classic” money bank and start putting gifts and allowances away. When the child wants a specific toy, have them save for it and help them track their progress.
Early childhood (six - eight years)
Replace the money bank with three jars labelled ‘saving’, ‘spending’ and ‘sharing’. Have the child divide their allowance into the three jars each week and explain their choices in splitting their pocket money. A guide could be 25 per cent saving, 50 per cent spending, 25 per cent for charity and gift-giving.
Middle childhood (nine - 11 years)
Open a bank savings account and help your child establish a budget and set a savings goal. Introduce the notion of ‘paying yourself first’ by putting away savings as soon as your allowance is paid.
Young teens (12 - 14 years)
Change your child’s allowance from weekly to monthly and help them pinpoint long-range goals such as a trip, so they can start longer-term saving and find new ways to increase their saving.
Teenage (15 - 18 years)
Discuss mutual expectations about university costs and identify what they can help fund and set goals. Don’t pay for everything, so they can experience the pride of contributing.
Young adulthood (19 - 22 years)
Discuss post-graduation plans and future life goals, quantify expenses such as first apartment, work wardrobe, holidays and help them continue to save towards these goals.
* JP Morgan Private Bank
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
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.”
How Alia's experiment will help humans get to Mars
Alia’s winning experiment examined how genes might change under the stresses caused by being in space, such as cosmic radiation and microgravity.
Her samples were placed in a machine on board the International Space Station. called a miniPCR thermal cycler, which can copy DNA multiple times.
After the samples were examined on return to Earth, scientists were able to successfully detect changes caused by being in space in the way DNA transmits instructions through proteins and other molecules in living organisms.
Although Alia’s samples were taken from nematode worms, the results have much bigger long term applications, especially for human space flight and long term missions, such as to Mars.
It also means that the first DNA experiments using human genomes can now be carried out on the ISS.
Abu Dhabi card
5pm: Handicap (TB) Dh100,000 2,400m
5.30pm: Wathba Stallions Cup Handicap (PA) Dh 70,000 2,200m
6pm: Abu Dhabi Fillies Classic Prestige (PA) Dh110,000 1,400m
6.30pm: Abu Dhabi Colts Classic Prestige (PA) Dh110,000 1,400m
7pm: Handicap (PA) Dh85,000 1,600m
7.30pm: Maiden (PA) Dh80,000 1,600m
The National selections:
5pm: Valcartier
5.30pm: AF Taraha
6pm: Dhafra
6.30pm: Maqam
7pm: AF Mekhbat
7.30pm: Ezz Al Rawasi
Like a Fading Shadow
Antonio Muñoz Molina
Translated from the Spanish by Camilo A. Ramirez
Tuskar Rock Press (pp. 310)
The biog
Simon Nadim has completed 7,000 dives.
The hardest dive in the UAE is the German U-boat 110m down off the Fujairah coast.
As a child, he loved the documentaries of Jacques Cousteau
He also led a team that discovered the long-lost portion of the Ines oil tanker.
If you are interested in diving, he runs the XR Hub Dive Centre in Fujairah
The specs
Engine: 6.2-litre supercharged V8
Power: 712hp at 6,100rpm
Torque: 881Nm at 4,800rpm
Transmission: 8-speed auto
Fuel consumption: 19.6 l/100km
Price: Dh380,000
On sale: now
Key findings
Over a period of seven years, a team of scientists analysed dietary data from 50,000 North American adults.
Eating one or two meals a day was associated with a relative decrease in BMI, compared with three meals. Snacks count as a meal. Likewise, participants who ate more than three meals a day experienced an increase in BMI: the more meals a day, the greater the increase.
People who ate breakfast experienced a relative decrease in their BMI compared with “breakfast-skippers”.
Those who turned the eating day on its head to make breakfast the biggest meal of the day, did even better.
But scrapping dinner altogether gave the best results. The study found that the BMI of subjects who had a long overnight fast (of 18 hours or more) decreased when compared even with those who had a medium overnight fast, of between 12 and 17 hours.
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
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.
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
Muslim Council of Elders condemns terrorism on religious sites
The Muslim Council of Elders has strongly condemned the criminal attacks on religious sites in Britain.
It firmly rejected “acts of terrorism, which constitute a flagrant violation of the sanctity of houses of worship”.
“Attacking places of worship is a form of terrorism and extremism that threatens peace and stability within societies,” it said.
The council also warned against the rise of hate speech, racism, extremism and Islamophobia. It urged the international community to join efforts to promote tolerance and peaceful coexistence.
Adele: The Stories Behind The Songs
Caroline Sullivan
Carlton Books
Business Insights
As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
The flights
Fly direct to Kutaisi with Flydubai from Dh925 return, including taxes. The flight takes 3.5 hours. From there, Svaneti is a four-hour drive. The driving time from Tbilisi is eight hours. The trip
The cost of the Svaneti trip is US$2,000 (Dh7,345) for 10 days, including food, guiding, accommodation and transfers from and to Tbilisi or Kutaisi. This summer the TCT is also offering a 5-day hike in Armenia for $1,200 (Dh4,407) per person. For further information, visit www.transcaucasiantrail.org/en/hike/
Film: In Syria
Dir: Philippe Van Leeuw
Starring: Hiam Abbass, Diamand Bo Abboud, Mohsen Abbas and Juliette Navis
Verdict: Four stars
Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
