• UAE national airline Etihad is one of the partners in the Hope Consortium to distribute Covid-19 vaccines around the world. Wam
    UAE national airline Etihad is one of the partners in the Hope Consortium to distribute Covid-19 vaccines around the world. Wam
  • A 19,000 square metre temperature-controlled warehouse facility in Khalifa Industrial Zone, Abu Dhabi, is key to the global fight against Covid-19. Courtesy: Abu Dhabi Ports
    A 19,000 square metre temperature-controlled warehouse facility in Khalifa Industrial Zone, Abu Dhabi, is key to the global fight against Covid-19. Courtesy: Abu Dhabi Ports
  • Abu Dhabi’s Hope Consortium has the capacity to deliver enough Covid-19 vaccines for almost everyone on the planet. REUTERS
    Abu Dhabi’s Hope Consortium has the capacity to deliver enough Covid-19 vaccines for almost everyone on the planet. REUTERS
  • The Hope Consortium stores and distributes Covid-19 vaccines across the world. Courtesy: Hope Consortium
    The Hope Consortium stores and distributes Covid-19 vaccines across the world. Courtesy: Hope Consortium
  • Dr Tedros Adhanom Ghebreyesus, director-general of the World Health Organisation is speaking at the Hope Consortium conference.
    Dr Tedros Adhanom Ghebreyesus, director-general of the World Health Organisation is speaking at the Hope Consortium conference.

Hope Consortium: Abu Dhabi will become gateway to the world in mammoth vaccine logistical operation


Nick Webster
  • English
  • Arabic

Abu Dhabi will become a gateway to two thirds of the global population in need of Covid-19 vaccines, as the UAE prepares to play a major role in the worldwide pandemic recovery.

The largest logistical operation in modern times is preparing to establish new manufacturing plants and cold-chain distribution networks from the Emirates to serve nations most in need of immunisation.

This is not just for the UAE, we can reach 3.6 billion consumers around us

How that will look in the months and years to come was revealed at a high-level discussion on Monday morning.

The key players were speaking at a virtual conference organised by the Hope Consortium, an Abu Dhabi-based logistics group set up to deliver vaccines globally.

“When we started the Hope Consortium we wanted to provide a gateway to two thirds of the population; it is one of the largest logistical efforts of our time,” said Dr Jamal Mohammed Al Kaabi, undersecretary of the Department of Health – Abu Dhabi.

“Making sure the amount of vaccines are available is crucial.

“Sometimes you need to take the risks to make these achievements, and we are moving really fast towards data-based solutions.”

The rapid turnaround of PCR testing – from six days at the start of the outbreak to less than 24 hours today – was hailed as an example of that transition.

The huge volume of testing allowed health authorities to test, trace and isolate new cases without delay and that is set to continue, Dr Al Kaabi said.

Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, hosted the first Ramadan Majlis of the year on Monday. AP
Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, hosted the first Ramadan Majlis of the year on Monday. AP

'Vaccine manufacturing is a complex process'

The first Covid-19 vaccine production line in the UAE was announced on Sunday, and will play a key role in vaccinating millions of people in the region.

The joint Life Sciences and Vaccine Manufacturing in the UAE project will be led by Group 42, in partnership with Chinese drug maker Sinopharm.

Abu Dhabi's Group 42 said a dedicated facility would soon be built in the capital's Kizad freezone, in partnership with drug maker Julphar.

While doses are already being manufactured at Julphar's main plant in Ras Al Khaimah, the number is set to reach two million doses a month once full national capacity is reached.

Ashish Koshy, chief executive of G42 Healthcare, told the conference that production would begin later this year.

“Vaccine manufacturing is a complex process and it will take time to build a certified facility,” he said.

“The key is always partnerships to bring vaccines here with distribution and logistics to support the national mission.

“I’m confident this will move beyond this vaccine towards multiple vaccines to transport across the globe," Mr Koshy said.

“Abu Dhabi is blessed with the right human resources of doctors, researchers, scientists and engineers to support this.”

With Abu Dhabi in a key strategic position, close to Europe and Asia, it is well placed for a new manufacturing and distribution network. Hope Consortium Etihad Airways
With Abu Dhabi in a key strategic position, close to Europe and Asia, it is well placed for a new manufacturing and distribution network. Hope Consortium Etihad Airways

With Abu Dhabi in a key strategic position, close to Europe and Asia, it is well placed for a new manufacturing and distribution network.

Much depends on the UAE’s ability to deliver vaccines to areas without established refrigerated distribution networks.

With 3.6 billion people reachable within five hours of Abu Dhabi, it is ideally located to provide the service.

Mohamed Juma Al Shamisi, group chief executive, Abu Dhabi Ports, said there was cold-store capacity to hold 180 million vaccines at temperatures as low as minus 80°C.

“We can handle 18 billion vaccines through Abu Dhabi with tracing from source to patient to ensure the journey does not compromise the vaccine.

“Investments in special vehicles and packages, from the airport to storage, has provided a total logistics solution," said Mr Al Shamisi.

"This is not just for the UAE, we can reach 3.6 billion consumers around us."

A year ago, Etihad's fleet of passenger aircraft was grounded, as international borders closed and air travel was brought to a standstill.

Since then, dedicated staff have been retrained in new Covid protocols with the airline's entire staff PCR checked or vaccinated before every flight.

Now Etihad is preparing to play a key role in vaccine delivery.

“The unique capability we have is a cold supply chain in our cargo network that has allowed us to give a strategic response quickly to the pandemic,” said Tony Douglas, group chief executive at Etihad Aviation, who backed the idea of a vaccination passport to open up international air travel.

"Now we can address the vaccine inequalities. With our network we are able to connect more than 170 countries.

“We have trained dedicated staff and over the course of the last 12 months, Etihad has flown to places not in our networks before.

“Our priority now is scaling up and having the capacity to get vaccines to those who need them most. That is the next challenge," said Mr Douglas.

“We need to adapt and adopt. Covid-19 will not go away anytime soon.”

Inside China's Sinopharm factory

  • Workers wait to enter the packaging area of Sinopharm's Covid-19 vaccine production centre in Beijing. Getty
    Workers wait to enter the packaging area of Sinopharm's Covid-19 vaccine production centre in Beijing. Getty
  • A worker in the packaging area of Sinopharm's vaccine production centre. Getty
    A worker in the packaging area of Sinopharm's vaccine production centre. Getty
  • Doses of the Covid-19 vaccine developed by Chinese pharmaceutical company Sinopharm. AFP
    Doses of the Covid-19 vaccine developed by Chinese pharmaceutical company Sinopharm. AFP
  • Doses of the Sinopharm vaccine during the packaging process. AFP
    Doses of the Sinopharm vaccine during the packaging process. AFP
  • Doses of the Sinopharm vaccine have been sent to countries around the world, including the UAE. AFP
    Doses of the Sinopharm vaccine have been sent to countries around the world, including the UAE. AFP
  • Doses of the Sinopharm vaccine pass along the production line. Reuters
    Doses of the Sinopharm vaccine pass along the production line. Reuters
  • Vaccine doses are prepared at the Sinopharm production centre in Beijing. Reuters
    Vaccine doses are prepared at the Sinopharm production centre in Beijing. Reuters
  • Doses pass through the packaging area of the Sinopharm vaccine production centre. Getty
    Doses pass through the packaging area of the Sinopharm vaccine production centre. Getty
  • Doses of the vaccine are prepared at the Sinopharm production centre. Reuters
    Doses of the vaccine are prepared at the Sinopharm production centre. Reuters
  • A staff member works next to the production line. Reuters
    A staff member works next to the production line. Reuters
  • A collection of Sinopharm vaccine doses on the production line. Reuters
    A collection of Sinopharm vaccine doses on the production line. Reuters
  • Workers in the packaging area of Sinopharm's vaccine production centre. Getty
    Workers in the packaging area of Sinopharm's vaccine production centre. Getty
  • Workers in the packaging area of Sinopharm's vaccine production centre. Getty
    Workers in the packaging area of Sinopharm's vaccine production centre. Getty
  • A box containing doses of the Sinopharm vaccine. AFP
    A box containing doses of the Sinopharm vaccine. AFP
  • A worker checks a box of vaccine doses. Reuters
    A worker checks a box of vaccine doses. Reuters
  • Boxes of Sinopharm's Covid-19 vaccine in the packaging area. The company says it is able to produce up to one billion doses this year. Getty
    Boxes of Sinopharm's Covid-19 vaccine in the packaging area. The company says it is able to produce up to one billion doses this year. Getty
  • A monitor shows real-time footage of the production line at Sinopharm's vaccine production centre. Reuters
    A monitor shows real-time footage of the production line at Sinopharm's vaccine production centre. Reuters

Awar Qalb

Director: Jamal Salem

Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman

Two stars

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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

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

November 2025

180 Petrofac employees laid off in the UAE

EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

Rashid & Rajab

Director: Mohammed Saeed Harib

Stars: Shadi Alfons,  Marwan Abdullah, Doaa Mostafa Ragab 

Two stars out of five 

NYBL PROFILE

Company name: Nybl 

Date started: November 2018

Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono

Based: Dubai, UAE

Sector: Software Technology / Artificial Intelligence

Initial investment: $500,000

Funding round: Series B (raising $5m)

Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up 

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

The%20specs
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Need to know

Unlike other mobile wallets and payment apps, a unique feature of eWallet is that there is no need to have a bank account, credit or debit card to do digital payments.

Customers only need a valid Emirates ID and a working UAE mobile number to register for eWallet account.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Liz%20Truss
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Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

While you're here

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors