Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, has been joined by philanthropist Bill Gates in efforts to deliver Covid-19 vaccines globally. Ryan Carter / Crown Prince Court - Abu Dhabi
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, has been joined by philanthropist Bill Gates in efforts to deliver Covid-19 vaccines globally. Ryan Carter / Crown Prince Court - Abu Dhabi
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, has been joined by philanthropist Bill Gates in efforts to deliver Covid-19 vaccines globally. Rya
Yesterday, a statement from an Emirati drug company announced that doses of the Sinopharm vaccine for Covid-19, which was trialled extensively in the UAE, are now being made in Ras Al Khaimah. There are plans to ramp up production to 2 million doses per month at a new plant in Abu Dhabi. Over time, manufacturing capacity is expected to reach 200 million doses per year.
Branded as Hayat-Vax – it has been renamed to indicate its origin, but uses the same vaccine formula developed in China by Beijing-based pharmaceutical giant Sinopharm – the dose will shore up domestic supplies in the event of shortages. Even more importantly, increased manufacturing capacity will boost the UAE's drive to give developing nations an equitable share of precious doses.
The Hayat-Vax Covid-19 vaccine will be produced in the UAE. WAM
The UAE's Hope Consortium has already delivered 20 million doses to as many as 26 countries
This success was in part the result of constructive diplomacy between the UAE and China, whose collaboration on the Sinopharm vaccine has led to this country having one of the leading inoculation programmes globally. It was not an achievement from one nation going it alone. Rather, it was the result of a strong bilateral partnership.
This week, Abu Dhabi has been at the heart of multilateral discussions advocating fairer vaccination against Covid-19. The city is hosting the virtual World Immunisation and Logistics Summit, organised by the UAE's Hope Consortium, a group that works to distribute vaccines across the globe. In attendance, Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, said: "The whole world has become bonded in a tight way and our plight has become one now – in a way that international health security depends now on the well-being of all societies."
Controlling the pandemic involves more than simply creating new medicines. In the words of Dr Tedros Adhanom Ghebreyesus, the director general of the WHO, "ultimately it’s not vaccines that save lives, it’s vaccinations".
Delivering these doses is a test of scientists, but it is also one for the many healthcare workers, manufacturers, logistical staff, diplomats and lawyers – to name only a few professions – whose input makes inoculation possible. Most importantly, it depends on the moral responsibility of richer nations, who are all too frequently shirking their duties to the rest of the world. The WHO is warning that the gap between the number of vaccines administered between rich and poor nations is growing every day, a scandal that slows the post-pandemic recovery, risking lives and the global economy.
In Abu Dhabi, attendees and stakeholders at the Hope Consortium's conference are pushing back and advocating a different future, with real success. Since its formation last year, the body has delivered 20 million doses to as many as 26 countries.
Writing in The National today, Mark Suzman, chief executive of the Bill & Melinda Gates Foundation – a close partner of the consortium – described the task ahead as a "test of our humanity and our ingenuity". Against the growing trend of vaccine nationalism, export controls and acrimony between old allies, rich nations would do well to take a page from the scientific community, and rediscover the benefit of collaboration.
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
5pm: Maiden (PA) Dh80,000 (Turf) 1,200m, Winner: ES Rubban, Antonio Fresu (jockey), Ibrahim Aseel (trainer)
5.30pm: Handicap (PA) Dh85,000 (T) 1,200m, Winner: Al Mobher, Sczcepan Mazur, Ibrahim Al Hadhrami
6pm: Handicap (PA) Dh80,000 (T) 2,200m, Winner: Jabalini, Tadhg O’Shea, Ibrahim Al Hadhrami
6.30pm: Wathba Stallions Cup (PA) Dh70,000 (T) 2,200m, Winner: AF Abahe, Tadgh O’Shea, Ernst Oertel
7pm: Handicap (PA) Dh85,000 (T) 1,600m, Winner: AF Makerah, Tadhg O’Shea, Ernst Oertel
7.30pm: Maiden (TB) Dh80,000 (T) 1,600m, Winner: Law Of Peace, Tadhg O’Shea, Satish Seemar
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Profile Idealz
Company: Idealz
Founded: January 2018
Based: Dubai
Sector: E-commerce
Size: (employees): 22
Investors: Co-founders and Venture Partners (9 per cent)
Heather, the Totality
Matthew Weiner,
Canongate
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
The specs
Engine: Turbocharged four-cylinder 2.7-litre
Power: 325hp
Torque: 500Nm
Transmission: 10-speed automatic
Price: From Dh189,700
On sale: now
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
Favourite holiday destination: Either Kazakhstan or Montenegro. I’ve been involved in events in both countries and they are just stunning.
Favourite book: I am a huge of Robin Cook’s medical thrillers, which I suppose is quite apt right now. My mother introduced me to them back home in New Zealand.
Favourite film or television programme: Forrest Gump is my favourite film, that’s never been up for debate. I love watching repeats of Mash as well.
Inspiration: My late father moulded me into the man I am today. I would also say disappointment and sadness are great motivators. There are times when events have brought me to my knees but it has also made me determined not to let them get the better of me.
UAE FIXTURES
October 18 – 7.30pm, UAE v Oman, Zayed Cricket Stadium, Abu Dhabi
October 19 – 7.30pm, UAE v Ireland, Zayed Cricket Stadium, Abu Dhabi
October 21 – 2.10pm, UAE v Hong Kong, Zayed Cricket Stadium, Abu Dhabi
October 22 – 2.10pm, UAE v Jersey, Zayed Cricket Stadium, Abu Dhabi
October 24 – 10am, UAE v Nigeria, Abu Dhabi Cricket Oval 1
October 27 – 7.30pm, UAE v Canada, Zayed Cricket Stadium, Abu Dhabi
October 29 – 2.10pm, Playoff 1 – A2 v B3; 7.30pm, Playoff 2 – A3 v B2, at Dubai International Stadium.
October 30 – 2.10pm, Playoff 3 – A4 v Loser of Play-off 1; 7.30pm, Playoff 4 – B4 v Loser of Play-off 2 at Dubai International Stadium
November 1 – 2.10pm, Semifinal 1 – B1 v Winner of Play-off 1; 7.30pm, Semifinal 2 – A1 v Winner of Play-off 2 at Dubai International Stadium
November 2 – 2.10pm, Third place Playoff – B1 v Winner of Play-off 1; 7.30pm, Final, at Dubai International Stadium
FINAL SCORES
Fujairah 130 for 8 in 20 overs
(Sandy Sandeep 29, Hamdan Tahir 26 no, Umair Ali 2-15)
Sharjah 131 for 8 in 19.3 overs
(Kashif Daud 51, Umair Ali 20, Rohan Mustafa 2-17, Sabir Rao 2-26)