The World Health Organisation is convening an emergency meeting to consider designating the new B.1.1.529 Covid-19 mutation a “variant of concern” as governments ban incoming flights from South Africa, where at least 77 cases have been detected.
It came as the fast-spreading variant was detected in Europe for the first time, with Belgium announcing that a traveller who returned from Egypt on November 11 had tested positive for the strain.
As European governments scrambled to shut down travel, Belgian Health Minister Frank Vandenbroucke said the patient was an unvaccinated person who tested positive for Covid-19 on Monday.
WHO experts were convening in Geneva, Switzerland, for a special meeting to discuss how to respond to the mutation. If it is indeed labelled a variant of concern, it will be named “Nu” after the next available letter of the Greek alphabet.
Britain, Germany and Italy have announced bans on travellers entering from South Africa amid concern over the variant. Ursula von der Leyen, the president of the European Commission, said air travel to affected countries should be cut off.
She said vaccine manufacturers were expected to adapt their products to new variants, if necessary, under their contracts with the EU.
Bahrain became the first Gulf state to suspend flights and restrict entry from travellers from South Africa, Namibia, Botswana, Zimbabwe, Lesotho and Eswatini, the Bahrain News Agency reported.
WHO spokesman Christian Lindmeier said nearly 100 sequences of the variant have been reported, and early analysis shows it has “a large number of mutations” requiring further study. This makes the spike protein dramatically different from those that the vaccines are engineered to target.
Watch: scientists raise concerns over 'Nu' Covid variant
Stock markets slid around 3 per cent, with market watchers expecting on Friday to see the worst reverses on the exchanges in more than a year.
Oil prices were hit, with US crude futures down 5.7 per cent to $73.96 a barrel and Brent crude down 4.66 per cent to $78.38, amid fresh demand fears.
As investors dashed for safe-haven assets, the yen jumped more than 1 per cent to around 113 per dollar, having languished earlier this week at five-year lows.
Dr Maria Van Kerkhove, Covid Technical Lead at WHO, on Thursday said the number of mutations of a variant can have a serious impact on how the virus spreads.
“We don’t know very much about this yet. What we do know is that this variant has a large number of mutations,” she said. “And the concern is that when you have so many mutations, it can have an impact on how the virus behaves.”
She said it would take the WHO “a few weeks” to understand what impact the variant will have and it is currently being monitored.
She said the Technical Advisory Group on Covid Evolution (TAG-VE), an independent group of experts who advise the WHO on the virus, would discuss whether it should be deemed a “variant of concern” and named “Nu".
The EU's drug regulator said on Friday that it was closely monitoring the new B.1.1.529 Covid-19 variant, but it was too soon to tell if updated vaccines would be needed.
The European Medicines Agency said it needed more details to see if the strain, which has "numerous mutations", could evade the current four jabs authorised for the bloc.
"We are closely monitoring the newly emerged B.1.1.529 variant which presents numerous mutations in the Covid-19 spike protein," the Amsterdam-based EMA said. "Current information is insufficient to determine if this variant is going to spread significantly and to what extent it may evade the immunity received with vaccines."
Scientists in South Africa have detected more than 30 mutations to the spike protein, the part of the virus that binds to cells in the body, the country’s department of health said on Thursday. The variant has caused cases in South Africa to spike 93 per cent in a day.
Imperial College London epidemiologist Neil Ferguson said that B.1.1.529 was driving the recent rapid increase in case numbers in South Africa.
“The government’s move to restrict travel with South Africa is, therefore, prudent,” he said. “However, we do not yet have reliable estimates of the extent to which B.1.1.529 might be either more transmissible or more resistant to vaccines, so it is too early to be able to provide an evidence-based assessment of the risk it poses.”
One patient in Israel has tested positive for B.1.1.529 after returning from Malawi, while a further two people are suspected of having it, the Israeli health ministry said.
Britain’s Transport Secretary Grant Shapps has said concerns the new coronavirus variant could “defeat the vaccine” prompted the revival of the UK's red list for travel.
He said that ministers acted “extremely fast” to ensure a “safety-first approach” to travel changes following an emergency meeting with chief medical officers.
“This is agreed across all of the United Kingdom and we have acted fast, it’s rather like the mink variant from Denmark last year, where we acted very quickly, within hours and we’re then able, once we’ve checked it out, to release things somewhat,” he said on BBC Breakfast.
“I hope that’s what this is, a pause rather than going backwards, but we can’t take risks when we see a variant which could well defeat the vaccine, or at least that’s the concern and we need just a bit of time to check that out.”
He said those who had flown to the UK from South Africa in recent days had been contacted by authorities asking them to take a PCR test and self-isolate upon arrival.
“The concern about this particular variant is that it is spreading very, very fast, its rate of growth has been very quick, we think the issue is probably [starting] from now, so we’re asking people to quarantine, self-isolate when they get home,” he added.
Ms von der Leyen said that she “proposes, in close co-ordination with the member states, to activate the emergency brake to stop air travel from the southern African region”.
Her statement came as the EU is gripped by a fourth wave of Covid, which has forced some governments to tighten restrictions.
Coronavirus cases rose by 11 per cent in Europe in the past week, the WHO said, making it the only region in the world where infections are on rising.
The organisation’s Europe director, Dr Hans Kluge, warned that without urgent measures, the continent could see another 700,000 deaths by the spring.
UAE currency: the story behind the money in your pockets
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
The biog
Name: Abeer Al Shahi
Emirate: Sharjah – Khor Fakkan
Education: Master’s degree in special education, preparing for a PhD in philosophy.
Favourite activities: Bungee jumping
Favourite quote: “My people and I will not settle for anything less than first place” – Sheikh Mohammed bin Rashid.
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%3Cp%3EFly%20with%20Etihad%20Airways%20from%20Abu%20Dhabi%20to%20New%20York%E2%80%99s%20JFK.%20There's%2011%20flights%20a%20week%20and%20economy%20fares%20start%20at%20around%20Dh5%2C000.%3Cbr%3EStay%20at%20The%20Mark%20Hotel%20on%20the%20city%E2%80%99s%20Upper%20East%20Side.%20Overnight%20stays%20start%20from%20%241395%20per%20night.%3Cbr%3EVisit%20NYC%20Go%2C%20the%20official%20destination%20resource%20for%20New%20York%20City%20for%20all%20the%20latest%20events%2C%20activites%20and%20openings.%3Cbr%3E%3C%2Fp%3E%0A
Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
'The Sky is Everywhere'
Director:Josephine Decker
Stars:Grace Kaufman, Pico Alexander, Jacques Colimon
Rating:2/5
The specs: 2019 BMW X4
Price, base / as tested: Dh276,675 / Dh346,800
Engine: 3.0-litre turbocharged in-line six-cylinder
Transmission: Eight-speed automatic
Power: 354hp @ 5,500rpm
Torque: 500Nm @ 1,550rpm
Fuel economy, combined: 9.0L / 100km
Kandahar%20
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Ric%20Roman%20Waugh%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%C2%A0%3C%2Fstrong%3EGerard%20Butler%2C%20Navid%20Negahban%2C%20Ali%20Fazal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202.5%2F5%3C%2Fp%3E%0A
Europe’s rearming plan
- Suspend strict budget rules to allow member countries to step up defence spending
- Create new "instrument" providing €150 billion of loans to member countries for defence investment
- Use the existing EU budget to direct more funds towards defence-related investment
- Engage the bloc's European Investment Bank to drop limits on lending to defence firms
- Create a savings and investments union to help companies access capital
Ultra processed foods
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;
- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,
- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.
Harry%20%26%20Meghan
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ELiz%20Garbus%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Duke%20and%20Duchess%20of%20Sussex%0D%3Cbr%3E%0D%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
The specs
Engine: Two permanent-magnet synchronous AC motors
Transmission: two-speed
Power: 671hp
Torque: 849Nm
Range: 456km
Price: from Dh437,900
On sale: now
SPECS
Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now
UAE currency: the story behind the money in your pockets
Killing of Qassem Suleimani
Company%20profile%20
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EYodawy%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Egypt%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EKarim%20Khashaba%2C%20Sherief%20El-Feky%20and%20Yasser%20AbdelGawad%3Cstrong%3E%3Cbr%3ESector%3A%20%3C%2Fstrong%3EHealthTech%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3E%2424.5%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EAlgebra%20Ventures%2C%20Global%20Ventures%2C%20MEVP%20and%20Delivery%20Hero%20Ventures%2C%20among%20others%3Cstrong%3E%3Cbr%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20500%3Cbr%3E%3C%2Fp%3E%0A
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
Ibrahim's play list
Completed an electrical diploma at the Adnoc Technical Institute
Works as a public relations officer with Adnoc
Apart from the piano, he plays the accordion, oud and guitar
His favourite composer is Johann Sebastian Bach
Also enjoys listening to Mozart
Likes all genres of music including Arabic music and jazz
Enjoys rock groups Scorpions and Metallica
Other musicians he likes are Syrian-American pianist Malek Jandali and Lebanese oud player Rabih Abou Khalil