• Kirill Dmitriev, chief executive of the Russian Direct Investment Fund, told The National the approval of Sputnik V in the UAE was a crucial moment for its vaccine drive. Reuters
    Kirill Dmitriev, chief executive of the Russian Direct Investment Fund, told The National the approval of Sputnik V in the UAE was a crucial moment for its vaccine drive. Reuters
  • A nurse holds a box of Russia's Sputnik V vaccine at a clinic in Moscow on September 2020. The shots will be rolled out under emergency use rules in the Emirates. Tatyana Makeyeva / Reuters
    A nurse holds a box of Russia's Sputnik V vaccine at a clinic in Moscow on September 2020. The shots will be rolled out under emergency use rules in the Emirates. Tatyana Makeyeva / Reuters
  • Volunteer Ilya Dubrovin, 36, receives an injection of Russia's new coronavirus vaccine in a post-registration trials at a clinic in Moscow on September 10. AFP
    Volunteer Ilya Dubrovin, 36, receives an injection of Russia's new coronavirus vaccine in a post-registration trials at a clinic in Moscow on September 10. AFP
  • Russia has been accused of rushing the vaccine through development and has not been clear on how many volunteers it has been tried on. AFP
    Russia has been accused of rushing the vaccine through development and has not been clear on how many volunteers it has been tried on. AFP
  • A Russian medical worker takes a trial vaccine from refrigerator to prepare for a volunteer at outpatient hospital number 68 in Moscow on 17. EPA
    A Russian medical worker takes a trial vaccine from refrigerator to prepare for a volunteer at outpatient hospital number 68 in Moscow on 17. EPA
  • A nurse inoculates a volunteer with Sputnik-V at a clinic in Moscow on September 17. Reuters
    A nurse inoculates a volunteer with Sputnik-V at a clinic in Moscow on September 17. Reuters
  • Russia's trial vaccine is one of five that have been given 'limited approval' by the drug maker's home country. Reuters
    Russia's trial vaccine is one of five that have been given 'limited approval' by the drug maker's home country. Reuters

UAE approves Russia's Sputnik V vaccine for use


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How Sputnik V works

UAE authorities approved Russia's Sputnik V vaccine on Thursday.

Officials said the shots would be available for emergency use.

The decision came after the Emirates hosted a small-scale Phase 3 trial of the vaccine, involving about 1,000 volunteers, produced by Gamaleya National Centre of Epidemiology and Microbiology.

The Ministry of Health and Prevention said the decision was part of "efforts to increase prevention levels against the virus and to safeguard the health of the country's citizens and residents".

"Study results have demonstrated the effectiveness of the vaccine in triggering a strong antibody response against the virus, its safety for use and its compliance with international safety and effectiveness standards," the ministry said on state news agency Wam.

Larger trials involving tens of thousands were carried out in Russia and the shots are being widely used on the country's huge population, which numbers more than 140 million.

Gamaleya reported in December that Sputnik V's effectiveness is 91.4 per cent, though that it yet to be peer-reviewed by independent scientists.

Speaking to The National, Kirill Dmitriev, chief executive of the Russian Direct Investment Fund, which is in charge of funding and supplying the vaccine abroad, said Thursday's decision means there are now 12 countries using Sputnik V.

"The UAE approval for us is particularly important, because we know the UAE health ministry and health system has one of the best standards in the world and is really an opinion maker," he said.

"The second point for us, is that this was done following clinical trials in the UAE.

"So, the UAE relied not only on Russian data but on data it received from vaccinating its own citizens and the citizens of many nations."

Early on, Russia said it would need foreign partners to help to increase vaccine production.

On Thursday, it said the shots destined for the Emirates would be arriving from drug makers in India, China and South Korea.

Among the other nations to receive Sputnik V were Argentina, Serbia, Palestine, Venezuela, Paraguay and Turkmenistan.

Mr Dmitriev said: "We will also announce today approval from Hungary, which is the first nation in the EU for Sputnik.

"So together we will have 12 nations who already approved Sputnik by now and it shows we are one of the best vaccines in the world."

He said many countries had understated the time it would take to roll out the vaccine. In Europe, which is experiencing one of its coldest winters in years – increasing the need to stay indoors – daily case numbers are threatening to spiral out of control.

"Many people have too-high expectations of the speed of the vaccine roll-out," Mr Dmitriev said.

"But countries who roll out the vaccines quickly will see definitely economic improvement earlier than those that roll out vaccines slowly."

How Sputnik V works

Sputnik V is based on two inactivated viruses called adenoviruses that normally infect people, reports Daniel Bardsley.

These have had genetic material added so that, once the vaccine is injected, human cells produce coronavirus spike proteins. The immune response to these harmless spike proteins provides protection, should the person be later infected with the coronavirus.

The vaccine was developed by Gamaleya Research Institute of Epidemiology and Microbiology in Moscow and financed by the Russian Direct Investment Fund.

It was registered with the Russian Ministry of Health in August, making it the first coronavirus vaccine to gain approval from a national health authority - although this sparked concern over whether trials up to that point had been extensive enough.

Clinical trials have since continued, including in the UAE, and officials have claimed the vaccine is 91.4 per cent effective at preventing illness from Covid-19 after two doses, with a single dose said to be 73 to 85 per cent effective.

The Oxford-AstraZeneca vaccine works in a similar way to Sputnik V, but is instead based on a modified adenovirus that normally infects chimpanzees. Trials to combine the two vaccines have been considered.

Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family

The specs: 2019 Chevrolet Bolt EV

Price, base: Dh138,000 (estimate)
Engine: 60kWh battery
Transmission: Single-speed Electronic Precision Shift
Power: 204hp
Torque: 360Nm
​​​​​​​Range: 520km (claimed)

Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

'Outclassed in Kuwait'
Taleb Alrefai, 
HBKU Press 

War and the virus
Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

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FIGHT CARD

 

1.           Featherweight 66kg

Ben Lucas (AUS) v Ibrahim Kendil (EGY)

2.           Lightweight 70kg

Mohammed Kareem Aljnan (SYR) v Alphonse Besala (CMR)

3.           Welterweight 77kg

Marcos Costa (BRA) v Abdelhakim Wahid (MAR)

4.           Lightweight 70kg

Omar Ramadan (EGY) v Abdimitalipov Atabek (KGZ)

5.           Featherweight 66kg

Ahmed Al Darmaki (UAE) v Kagimu Kigga (UGA)

6.           Catchweight 85kg

Ibrahim El Sawi (EGY) v Iuri Fraga (BRA)

7.           Featherweight 66kg

Yousef Al Husani (UAE) v Mohamed Allam (EGY)

8.           Catchweight 73kg

Mostafa Radi (PAL) v Abdipatta Abdizhali (KGZ)

9.           Featherweight 66kg

Jaures Dea (CMR) v Andre Pinheiro (BRA)

10.         Catchweight 90kg

Tarek Suleiman (SYR) v Juscelino Ferreira (BRA)

UFC%20FIGHT%20NIGHT%3A%20SAUDI%20ARABIA%20RESULTS
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Stuck in a job without a pay rise? Here's what to do

Chris Greaves, the managing director of Hays Gulf Region, says those without a pay rise for an extended period must start asking questions – both of themselves and their employer.

“First, are they happy with that or do they want more?” he says. “Job-seeking is a time-consuming, frustrating and long-winded affair so are they prepared to put themselves through that rigmarole? Before they consider that, they must ask their employer what is happening.”

Most employees bring up pay rise queries at their annual performance appraisal and find out what the company has in store for them from a career perspective.

Those with no formal appraisal system, Mr Greaves says, should ask HR or their line manager for an assessment.

“You want to find out how they value your contribution and where your job could go,” he says. “You’ve got to be brave enough to ask some questions and if you don’t like the answers then you have to develop a strategy or change jobs if you are prepared to go through the job-seeking process.”

For those that do reach the salary negotiation with their current employer, Mr Greaves says there is no point in asking for less than 5 per cent.

“However, this can only really have any chance of success if you can identify where you add value to the business (preferably you can put a monetary value on it), or you can point to a sustained contribution above the call of duty or to other achievements you think your employer will value.”

 

About Proto21

Date started: May 2018
Founder: Pir Arkam
Based: Dubai
Sector: Additive manufacturing (aka, 3D printing)
Staff: 18
Funding: Invested, supported and partnered by Joseph Group

How Sputnik V works