From Tuesday, new EU-wide rules coming into force mean that travellers holding digital Covid-19 certificates for travel may now need to have a booster jab to travel if their previous vaccine was taken more than nine months ago.
The new rules mean that travellers who received their second dose of a Covid-19 vaccine before the beginning of May last year could have to take a booster jab before travelling around Europe.
The new measures are not compulsory, with member nations allowed to dictate their own rules for entry. However several destinations, both in and outside of the EU, are now mandating additional jabs for travellers.
As more countries announce plans to require international visitors to show proof of a booster shot for entry, the definition of fully vaccinated for travel purposes now differs depending on your destination.
Tourists planning trips need to make sure they are up to date on all new rules in their country of departure and where they are travelling to. It is important to read the fine print to understand which vaccines are accepted where and how long they are valid for.
In Abu Dhabi, residents and citizens need a booster dose of an approved Covid-19 jab if their first dose was taken more than six months ago. However, the Emirates does not dictate that foreigners visiting the country also abide by this rule.
Here are five destinations where you may need another Covid-19 jab before you visit …
1. Austria
Snow-covered forests, untouched pistes and frozen lakes await in Austria, which is less than six hours from the UAE. But travellers planning a visit need to take note of new Covid-19 rules regarding vaccinations.
Vaccine certificates were previously considered valid for 12 months by Austrian authorities, but new rules coming into play on February 1 mean that two-dose vaccinations will now only be valid for nine months from the date of the second dose.
While this does not apply to enter the country, for which validity remains 12 months, boosters will be needed to access anywhere fun, including hotels, restaurants, leisure centres, gyms, cinemas, theatres and museums.
Travellers vaccinated via the one-dose jab from Johnson & Johnson already require a booster shot after nine months for travel to Austria.
2. France
If the City of Love or Provence’s lavender fields are on your travel radar then make sure you’re up to date with your Covid-19 vaccines.
All foreigners travelling in France will need to have a booster dose of a vaccination from February 15 if four months or more have passed since the original immunisation series. This is a change from the previous rule, which recognised vaccination certificates for seven months.
The new rules don’t apply for entry, so in theory you can fly to France without a booster but you won’t be able to do much when you get there as entry to bars, cafes, tourist attractions and more will be restricted to those with a vaccine pass – and to get one of those you’ll need your booster jab if more than four months have passed since your second dose of a vaccine.
If you’re coming from the UAE – a country that is currently green-listed for travel by France – you’ll also need a negative PCR result from a test taken no more than 48 hours before your flight, although children under 12 are exempt from this requirement.
3. Israel
Israel has had some of the strictest Covid-19 entry requirements since the global pandemic commenced, so it’s no surprise that the country has introduced an expiration date for vaccinations.
Travellers keen to visit the Dead Sea, Tel Aviv or Masada National Park can now do so after the nation reopened to vaccinated tourists in January. However, visitors must have had a full course of an approved Covid-19 vaccine with the second dose taken no more than 180 days before the final date that travellers will be in the country.
If it's been longer than this, then you’ll need to have a booster dose at least 14 days before you arrive in Israel to be allowed entry. Pre-departure PCR tests and on-arrival PCR checks are also in place for some travellers, so check the current regulations before you fly.
4. Iceland
Famed for its wild highlands, geothermal spas, ice-covered glaciers and unique Icelandic sense of humour, Iceland was one of the first countries to reopen to vaccinated foreigners after the onset of the Covid-19 pandemic.
The tiny Nordic nation continues to welcome overseas travellers but people planning a trip should be aware that they'll now only pass as fully vaccinated if they have completed their original vaccine series within the past nine months, unless they’ve also received a booster jab.
The new rules came into play on January 15, and slash validity of vaccines by three months from the country's previous 12-month mandate.
Most travellers visiting Iceland will also need a negative PCR test before flying there, regardless of vaccination status.
5. Switzerland
Known for its mountains, luxury timepieces, divine chocolate and alpine lakes, Switzerland is welcoming vaccinated travellers for tourism purposes. However, from February 1, the country will only count tourists as fully vaccinated if they have completed their vaccine series in the past 270 days – just under nine months.
This is a reduction from the previous rules which allowed people to enter with a vaccination taken within the past year.
The move to shorten the validity of vaccination certificates comes after the decision by the Commission of the European Union stating that they should be valid for a period of nine months at most.
Switzerland played things safe by also extending its current coronavirus measures until at least March 31. Put in place in December to try and slow the spread of the Omicron variant, the measures, which include compulsory face mask-wearing in public places and social distancing rules, were originally due to expire on January 24.
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.”
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BUNDESLIGA FIXTURES
Saturday, May 16 (kick-offs UAE time)
Borussia Dortmund v Schalke (4.30pm)
RB Leipzig v Freiburg (4.30pm)
Hoffenheim v Hertha Berlin (4.30pm)
Fortuna Dusseldorf v Paderborn (4.30pm)
Augsburg v Wolfsburg (4.30pm)
Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)
Sunday, May 17
Cologne v Mainz (4.30pm),
Union Berlin v Bayern Munich (7pm)
Monday, May 18
Werder Bremen v Bayer Leverkusen (9.30pm)
The specs: 2017 Dodge Viper SRT
Price, base / as tested Dh460,000
Engine 8.4L V10
Transmission Six-speed manual
Power 645hp @ 6,200rpm
Torque 813Nm @ 5,000rpm
Fuel economy, combined 16.8L / 100km
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
A timeline of the Historical Dictionary of the Arabic Language
- 2018: Formal work begins
- November 2021: First 17 volumes launched
- November 2022: Additional 19 volumes released
- October 2023: Another 31 volumes released
- November 2024: All 127 volumes completed
Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
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Sholto Byrnes on Myanmar politics
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
LA LIGA FIXTURES
Friday
Granada v Real Betis (9.30pm)
Valencia v Levante (midnight)
Saturday
Espanyol v Alaves (4pm)
Celta Vigo v Villarreal (7pm)
Leganes v Real Valladolid (9.30pm)
Mallorca v Barcelona (midnight)
Sunday
Atletic Bilbao v Atletico Madrid (4pm)
Real Madrid v Eibar (9.30pm)
Real Sociedad v Osasuna (midnight)