Sotrovimab is being prescribed to Covid-19 patients in the UAE. The National
Sotrovimab is being prescribed to Covid-19 patients in the UAE. The National
Sotrovimab is being prescribed to Covid-19 patients in the UAE. The National
Sotrovimab is being prescribed to Covid-19 patients in the UAE. The National


New drugs are beating Covid-19, not just vaccines


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July 19, 2021

Around the world, more than 3.5 billion doses of Covid-19 vaccines have been administered. Nonetheless, many countries have persistently high rates of infection, even in areas with leading inoculation campaigns.

In the UK, for example, almost 55,000 people tested positive on Saturday. While vaccines have made hospital admissions and mortality rates much lower than in previous waves, these high numbers show how Covid-19 can still pose a significant threat to a country's health system and population if reopening happens too hastily.

Pandemics are not won with a single scientific discovery. Finding vaccines might have been a significant milestone that made us safer, but they were only ever one part of the plan to fight Covid-19.

On Saturday, the campaign against the virus was given a boost by good news outside the realm of vaccine technology. Data from 6,175 Covid-19 patients in the UAE revealed that a new antiviral drug, Sotrovimab, appears to be 100 per cent successful in stopping deaths from the virus and 99 per cent effective in preventing admissions to intensive care. Particularly reassuring is the fact that more than half of all recipients were above the age of 50 and almost all had accompanying medical issues, such as cancer, heart disease or diabetes.

UAE researchers are exploring the possibility of using stem cells to repair damaged lung tissue in Covid-19 patients. Khalifa University
UAE researchers are exploring the possibility of using stem cells to repair damaged lung tissue in Covid-19 patients. Khalifa University

Medics can now have confidence in a new drug that prevents the tragedy of death from Covid-19. On a wider scale, Sotrovimab can also protect entire healthcare systems, particularly intensive care wards, from becoming overwhelmed. In March, a study published in the International Journal for Quality in Health Care found that the typical hospital stay in Germany for a Covid-19 fatality was between 5-19 days, a major burden on any facility's capacity. Reducing such stays on wards for the most ill patients throws struggling doctors a lifeline.

There is one crucial ingredient that secured the discovery of Sotrovimab: time. The UAE received its shipment in mid-June – one of the first worldwide – well over a year since the country recorded its first case. And with more time, more such discoveries will follow.

This is precisely why safety measures must be kept in place. With each month that passes, new drugs, vaccines, behavioural measures and treatment methods will be found by researchers who are learning more about the virus. This is the assessment authorities in Abu Dhabi have made, maintaining a certain level of security since the beginning of the pandemic and announcing last week new measures to keep the public safe.

Lifting restrictions too early could fuel new, more vaccine-resistant variants, potentially undoing the benefits of the progress medics and governments have made. And as more and more people recover from the virus, doctors are learning more about the danger posed by lingering complications such as Long Covid. A study in Abu Dhabi found that eight per cent of people infected with the virus might end up with more enduring complications. Another study, this time in the UK, found as many as 200 symptoms associated with the condition, which range from fatigue to hallucinations.

The road ahead to end this pandemic is still long. Covid-19 has given us few certainties. We should celebrate results that show 100 per cent efficacy in Sotrovimab preventing death. We must also remember another certainty: time and discipline will get us out of this pandemic.

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How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Monster Hunter: World

Capcom

PlayStation 4, Xbox One

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

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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.”

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

MATCH INFO

Liverpool 4 (Salah (pen 4, 33', & pen 88', Van Dijk (20')

Leeds United 3 (Harrison 12', Bamford 30', Klich 66')

Man of the match Mohamed Salah (Liverpool)

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

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Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

RESULTS

6.30pm Maiden (TB) Dh82.500 (Dirt) 1,400m

Winner Meshakel, Royston Ffrench (jockey), Salem bin Ghadayer (trainer)

7.05pm Handicap (TB) Dh87,500 (D) 1,400m

Winner Gervais, Connor Beasley, Ali Rashid Al Raihe.

7.40pm Handicap (TB) Dh92,500 (Turf) 2,410m

Winner Global Heat, Pat Cosgrave, Saeed bin Suroor.

8.15pm Handicap (TB) Dh105,000 (D) 1,900m

Winner Firnas, Royston Ffrench, Salem bin Ghadayer.

8.50pm UAE 2000 Guineas Trial (TB) Conditions Dh183,650 (D) 1,600m

Winner Rebel’s Romance, William Buick, Charlie Appleby

9.25pm Dubai Trophy (TB) Conditions Dh183,650 (T) 1,200m

Winner Topper Bill, Richard Mullen, Satish Seemar

10pm Handicap (TB) Dh102,500 (T) 1,400m

Winner Wasim, Mickael Barzalona, Ismail Mohammed.

Updated: July 19, 2021, 3:00 AM