• Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, and China's Foreign Minister Wang Yi launched the first Covid-19 vaccine production line in the UAE on Sunday. All pictures courtesy of Wam
    Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, and China's Foreign Minister Wang Yi launched the first Covid-19 vaccine production line in the UAE on Sunday. All pictures courtesy of Wam
  • The project, called Life Sciences and Vaccine Manufacturing in the UAE, will be led by the UAE’s Group 42 in partnership with Chinese medicine maker Sinopharm
    The project, called Life Sciences and Vaccine Manufacturing in the UAE, will be led by the UAE’s Group 42 in partnership with Chinese medicine maker Sinopharm
  • The initiative has been hailed as the start of a new chapter in relations between the UAE and China
    The initiative has been hailed as the start of a new chapter in relations between the UAE and China

Sheikh Abdullah bin Zayed launches first Covid-19 vaccine production line in UAE


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Latest: Hayat-Vax - UAE drug firm already making Sinopharm vaccine under new name

Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, and China's Foreign Minister Wang Yi launched the first Covid-19 vaccine production line in the UAE on Sunday.

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

The ceremony in Abu Dhabi was attended by Reem Al Hashimy, Minister of State for International Co-operation, and Ahmed Al Sayegh, Minister of State.

"The UAE and China today inaugurated a new chapter in their historic and distinguished relations, under the title 'Strategic Partnership for Humanity'," Sheikh Abdullah said.

"Today we celebrate the significant milestones achieved by our strategic partnership across all levels. We are continuing the efforts that we initiated at the onset of the Covid-19 crisis.

___________________

Inside Sinopharm's vaccine factory - in pictures

  • 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

___________________

"A partnership that sets an example to be emulated for collaboration between friendly nations in times of crises.

"The joint project is an added value to the international efforts being made in the face of the Covid-19 crisis which has been taking a toll on everyday lives across the world."

Addressing the ceremony Liu Jingzhen, chairman of Sinopharm, said the UAE and China were supporting global efforts to overcome the pandemic.

"Today we are making large strides in the global battle against Covid-19," Mr Liu said.

"And this pioneering project is the fruit of close co-operation and strategic partnership between the UAE and China and their leading efforts in fighting this crisis.

"By taking this step, the UAE has paved the way for the registration and commercial production of Sinopharm’s vaccine in an embodiment of the significant efforts made by the two friendly nations to recover from the crisis.

"We are very proud of this partnership with G42. This project will play a significant role in confronting the Covid-19 pandemic in the UAE, the Arab region and the entire world."

Peng Xiao, chief executive of G42, which oversaw Phase 3 trials of the Sinopharm vaccine in the UAE, said the initiative would "revolutionise the life sciences industry in the region over the coming years".

"G42 and CNBG [Sinopharm] have made significant achievements since 2020 thanks to their common vision and values," Mr Peng said.

Sheikh Abdullah and Mr Wang then announced the official launch of the project, which is the first Covid-19 vaccine production line in the UAE.

The two ministers carried a prototype of the new vaccine and took a commemorative photo before attending a live-streaming session from the vaccine production site.

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Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

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Date started: May 2018
Founder: Pir Arkam
Based: Dubai
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Company: Eighty6 

Date started: October 2021 

Founders: Abdul Kader Saadi and Anwar Nusseibeh 

Based: Dubai, UAE 

Sector: Hospitality 

Size: 25 employees 

Funding stage: Pre-series A 

Investment: $1 million 

Investors: Seed funding, angel investors  

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