• Kathi Carlsten, a Los Angeles Unified School District nurse, applies a dose of the Moderna vaccine to a LAUSD employee as LAUSD's first vaccination site opened at the Roybal Learning Center, in Los Angeles. Superintendent Austin Beutner was there in the morning to meet with the vaccination team and the first district employees to receive their vaccines at this site. AP Photo
    Kathi Carlsten, a Los Angeles Unified School District nurse, applies a dose of the Moderna vaccine to a LAUSD employee as LAUSD's first vaccination site opened at the Roybal Learning Center, in Los Angeles. Superintendent Austin Beutner was there in the morning to meet with the vaccination team and the first district employees to receive their vaccines at this site. AP Photo
  • Medical transporter Adrian Parrilla transports a patient into a COVID-19 unit at Mission Hospital in Mission Viejo, Calif. AP Photo
    Medical transporter Adrian Parrilla transports a patient into a COVID-19 unit at Mission Hospital in Mission Viejo, Calif. AP Photo
  • A health worker receives a dose of the Pfizer-BioNTech vaccine against COVID-19 at the Versalles Clinic, in Cali, Colombia, amid the novel coronavirus pandemic. AFP
    A health worker receives a dose of the Pfizer-BioNTech vaccine against COVID-19 at the Versalles Clinic, in Cali, Colombia, amid the novel coronavirus pandemic. AFP
  • A commuter wears a faces shield and mask across the street from a train station amid the COVID-19 pandemic, in Santa Monica, California. AP Photo
    A commuter wears a faces shield and mask across the street from a train station amid the COVID-19 pandemic, in Santa Monica, California. AP Photo
  • Traffic cones line around the empty parking lot of Dodger Stadium, a mass COVID-19 vaccination in Los Angeles. California has closed some vaccination centers and delayed appointments following winter storms elsewhere in the country that hampered the shipment of doses. AP Photo
    Traffic cones line around the empty parking lot of Dodger Stadium, a mass COVID-19 vaccination in Los Angeles. California has closed some vaccination centers and delayed appointments following winter storms elsewhere in the country that hampered the shipment of doses. AP Photo
  • Grace John, who works at a school in San Lorenzo, gets a COVID-19 shot at a mobile vaccination clinic run by the Federal Emergency Management Agency and the state in Hayward, California. AP Photo
    Grace John, who works at a school in San Lorenzo, gets a COVID-19 shot at a mobile vaccination clinic run by the Federal Emergency Management Agency and the state in Hayward, California. AP Photo
  • U.S. President Joe Biden wears a protective mask while speaking as U.S. Vice President Kamala Harris, left, listens during a meeting with labor leaders on coronavirus relief in the Oval Office of the White House in Washington, D.C., U.S. Biden said last night in a CNN town hall event that Moderna Inc. and Pfizer Inc. agreed to sell more doses of their coronavirus vaccine to the U.S. faster than planned after he invoked federal law that could force their production. Bloomberg
    U.S. President Joe Biden wears a protective mask while speaking as U.S. Vice President Kamala Harris, left, listens during a meeting with labor leaders on coronavirus relief in the Oval Office of the White House in Washington, D.C., U.S. Biden said last night in a CNN town hall event that Moderna Inc. and Pfizer Inc. agreed to sell more doses of their coronavirus vaccine to the U.S. faster than planned after he invoked federal law that could force their production. Bloomberg
  • Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, U.S. Reuters
    Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, U.S. Reuters
  • After getting the Moderna vaccine, employees wait to be sure they don't have any reactions to the drug before leaving, as Los Angeles Unified School District's first vaccination site opened at the Roybal Learning Center, in Los Angeles. AP Photo
    After getting the Moderna vaccine, employees wait to be sure they don't have any reactions to the drug before leaving, as Los Angeles Unified School District's first vaccination site opened at the Roybal Learning Center, in Los Angeles. AP Photo
  • The Walmart Mobile app is seen on a mobile phone at a Walmart pharmacy where the Moderna coronavirus disease vaccine is available as Walmart and other major U.S. pharmacies take part in the Federal Retail Pharmacy Program, to increase vaccinations in the U.S. in West Haven, Connecticut, U.S. Reuters
    The Walmart Mobile app is seen on a mobile phone at a Walmart pharmacy where the Moderna coronavirus disease vaccine is available as Walmart and other major U.S. pharmacies take part in the Federal Retail Pharmacy Program, to increase vaccinations in the U.S. in West Haven, Connecticut, U.S. Reuters

Oregon strain: what we know about the latest mutant Covid-19 variant


Daniel Bardsley
  • English
  • Arabic

Officials in the US state of Oregon have identified a new mutant form of the highly transmissible coronavirus variant first found in the UK.

The new type has an important mutation in its spike protein that is thought to make the virus better able to evade the protection given by vaccines or previous infection.

Known as E484K, the mutation is also found in the previously identified South African and Brazilian coronavirus variants that some studies indicate are more difficult for vaccines to combat. It is also present in a New York variant.

US media are reporting that the new, mutated form of the UK variant was found among 13 samples collected from a Covid-19 outbreak in “a healthcare setting”.

We didn't import this from elsewhere in the world – it occurred spontaneously

Of the samples, 10 contained the UK variant – which has resulted in thousands of cases across the US – while one contained the new version.

Genetic analysis of the samples reportedly indicates that the new mutant was picked up from elsewhere in the community and did not evolve within the individual the sample was collected from.

"We didn't import this from elsewhere in the world – it occurred spontaneously," Dr Brian O'Roak, an associate professor at Oregon Health and Science University, told The New York Times.

Because the new mutant combines high transmissibility with increased ability to evade the immune system after vaccination, it could outcompete the original form of the UK variant, known to scientists as B1.1.7, which is thought to have emerged in south-east England in September.

In a briefing document on Sars-CoV-2 variants released last month, Public Health England wrote that E484K was “currently the mutation with most evidence of causing antigenic change”. Antigens are foreign substances recognised by the immune system.

“Several independent studies showing the impact of different antigenic variants have concluded E484K is among the single mutations with the greatest impact,” the document read.

It is “potentially more concerning”, the document stated, when found with N501Y, a mutation found in the UK, Brazilian and South African variants associated with increased transmissibility.

Public Health England estimates that the UK variant is 30 to 50 per cent more transmissible than original forms of the coronavirus, so the new mutant is likely to be similarly easy to pass on. It could become even more prevalent if vaccines are less effective at stopping it from being transmitted.

While new variants are concerning, Prof David Taylor, a professor emeritus of pharmaceutical and public health policy at University College London, said they were unlikely to be scupper efforts to control the pandemic.

“Will the vaccines be tweakable? Yes. It will cost money and you will have to have another vaccination round, but it will be doable,” he said.

“We should be celebrating the vaccines. [Researchers have] a technical base for improving them if and when necessary.”

Vaccine makers have already developed updated versions of their vaccines to cope with emerging variants, especially those first identified in Brazil and South Africa.

New versions of the Moderna, Oxford-AstraZeneca and Pfizer-BioNTech vaccines, among others, could be released later this year.

Updated vaccines are likely to go through streamlined testing procedures compared to those faced by the original vaccines, which were subject to extensive laboratory and clinical trials.

They could be given as booster shots to people already vaccinated, or combined with the existing vaccines as a bivalent vaccine, namely one that provides protection against two types of antigen.

While some shots have reduced efficacy against the new variants, developers of other vaccines, such as Russia’s Sputnik V, say tests indicate their products continue to perform well against them.

New variants arise because, when viruses replicate their genetic material as they reproduce, mistakes or mutations happen.

Mutations harmful to the virus are weeded out by natural selection, but those that make the pathogen better able to reproduce and spread tend to become more numerous within the virus population.

While numerous coronavirus variants have evolved, experts say the rate at which the pathogen mutates is actually quite low for viruses and slower than that of influenza, for example.

Just as amended vaccines are being formulated to cope with coronavirus variants, so new vaccines are typically introduced annually to cope with changes in influenza.

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)

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

Company%20profile
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Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
Moonfall

Director: Rolan Emmerich

Stars: Patrick Wilson, Halle Berry

Rating: 3/5

Wenger's Arsenal reign in numbers

1,228 - games at the helm, ahead of Sunday's Premier League fixture against West Ham United.
704 - wins to date as Arsenal manager.
3 - Premier League title wins, the last during an unbeaten Invincibles campaign of 2003/04.
1,549 - goals scored in Premier League matches by Wenger's teams.
10 - major trophies won.
473 - Premier League victories.
7 - FA Cup triumphs, with three of those having come the last four seasons.
151 - Premier League losses.
21 - full seasons in charge.
49 - games unbeaten in the Premier League from May 2003 to October 2004.