• A patient at a coronavirus centre built by the state at the Commonwealth Games Village Sports Complex during lockdown restrictions in New Delhi, India. Bloomberg
    A patient at a coronavirus centre built by the state at the Commonwealth Games Village Sports Complex during lockdown restrictions in New Delhi, India. Bloomberg
  • A dose of coronaviris vaccine is given at a drive-through centre set up at the CyberHub marketplace in Gurgaon, Haryana, northern India. Bloomberg
    A dose of coronaviris vaccine is given at a drive-through centre set up at the CyberHub marketplace in Gurgaon, Haryana, northern India. Bloomberg
  • A police officer in Kochi, Kerala state, shelters from the rain as he enforces a lockdown to curb the spread of the coronavirus. AP Photo
    A police officer in Kochi, Kerala state, shelters from the rain as he enforces a lockdown to curb the spread of the coronavirus. AP Photo
  • People walk down an alley in New Delhi during a lockdown as coronavirus case numbers increase. AFP
    People walk down an alley in New Delhi during a lockdown as coronavirus case numbers increase. AFP
  • Ruben Mascarenhas, left, and Rakesh Singh, right, the co-founders of the non-profit Khaana Chahiye Foundation, distribute food to the needy outside a railway station in Mumbai. AFP
    Ruben Mascarenhas, left, and Rakesh Singh, right, the co-founders of the non-profit Khaana Chahiye Foundation, distribute food to the needy outside a railway station in Mumbai. AFP
  • A health worker prepares a dose of coronavirus vaccine at a drive-through centre set up at the CyberHub open marketplace in Gurgaon, Haryana, northern India. Bloomberg
    A health worker prepares a dose of coronavirus vaccine at a drive-through centre set up at the CyberHub open marketplace in Gurgaon, Haryana, northern India. Bloomberg
  • Christian priests at a cemetery in Prayagraj offer prayers next to the coffin of Father Rolfie D'Souza, who died of Covid-19. AP Photo
    Christian priests at a cemetery in Prayagraj offer prayers next to the coffin of Father Rolfie D'Souza, who died of Covid-19. AP Photo
  • A mask seller in New Delhi looks for business during a lockdown as coronavirus case numbers rise. AFP
    A mask seller in New Delhi looks for business during a lockdown as coronavirus case numbers rise. AFP
  • A man takes a nap in front of closed shops in New Delhi, as the Indian capital continues its lockdown in response to the coronavirus pandemic. AFP
    A man takes a nap in front of closed shops in New Delhi, as the Indian capital continues its lockdown in response to the coronavirus pandemic. AFP
  • An Indian coronavirus patient is treated with oxygen in a designated ward at the BDM Government Hospital in Kotputli, Jaipur district, Rajasthan. The hospital is treating 50 people across three wards set aside for Covid-19 patients. Getty Images
    An Indian coronavirus patient is treated with oxygen in a designated ward at the BDM Government Hospital in Kotputli, Jaipur district, Rajasthan. The hospital is treating 50 people across three wards set aside for Covid-19 patients. Getty Images

Antonio Guterres: ‘War economy’ needed to boost Covid vaccines


Jamie Prentis
  • English
  • Arabic

UN Secretary General Antonio Guterres has called for the "logic and urgency of a war economy" to increase Covid-19 vaccine production and ensure poor countries are not left behind in pandemic recovery efforts.

In declaring that the world was at “war with a virus,” he described vaccines as “our weapons” and urged wealthier countries to play their part in bolstering manufacturing capacity.

Last week, the UN chief suggested G20 countries set up a task force that would bring together financial institutions and nations with production capabilities to spearhead a campaign to end the pandemic.

"It should aim to at least double manufacturing capacity by exploring all options, from voluntary licences and technology transfers to patent pooling and flexibility on intellectual property rights," Mr Guterres told the annual meeting of World Health Organisation member states, which was mostly conducted virtually.

Warning against "a two-speed global response", he said further waves of the coronavirus surges could kill hundreds of thousands, while hampering economic recovery efforts.

"Sadly, unless we act now we face a situation in which rich countries vaccinate the majority of their people and open their economies, while the virus continues to cause deep suffering by circling and mutating in the poorest countries," he said.

WHO Director General Tedros Adhanom Ghebreyesus told the meeting that at least 115,000 health and care workers have died from Covid-19, which has killed more than 3.64 million people globally.

He called on the global community to vaccinate at least 10 per cent of each country’s population by September and 30 per cent by the end of the year.

“There is no diplomatic way to say it – a small group of countries that make and buy the majority of the world’s vaccines control the fate of the rest of the world,” he said.

  • Visitors ride on a rollercoaster at Europa Park in Rust, western Germany, on the re-opening day of the park following the lifting of coronavirus restrictions. AFP
    Visitors ride on a rollercoaster at Europa Park in Rust, western Germany, on the re-opening day of the park following the lifting of coronavirus restrictions. AFP
  • An employee welcomes visitors as they enter Europa Park in Rust. Europa Park is one of the first major theme parks in Germany to reopen its doors to visitors. AFP
    An employee welcomes visitors as they enter Europa Park in Rust. Europa Park is one of the first major theme parks in Germany to reopen its doors to visitors. AFP
  • A nurse shaves a patient suffering from Covid-19 at the Intensive Care Unit of the "Klinikum Darmstadt" clinic in Darmstadt, Germany. Reuters
    A nurse shaves a patient suffering from Covid-19 at the Intensive Care Unit of the "Klinikum Darmstadt" clinic in Darmstadt, Germany. Reuters
  • A cinema employee does a last-minute clean before people arrived to watch a film at the Freiluftkino Kreuzberg open-air cinema for the first time this year in Berlin, Germany. Getty Images
    A cinema employee does a last-minute clean before people arrived to watch a film at the Freiluftkino Kreuzberg open-air cinema for the first time this year in Berlin, Germany. Getty Images
  • Swimmers exercise in an open air pool in Berlin, Germany. Authorities are easing lockdown measures across Germany. Getty Images
    Swimmers exercise in an open air pool in Berlin, Germany. Authorities are easing lockdown measures across Germany. Getty Images
  • Pedestrians walk down the Kohlmarkt shopping street in Vienna, Austria. Western Europe is beginning to loosen restrictions to contain the coronavirus. Bloomberg
    Pedestrians walk down the Kohlmarkt shopping street in Vienna, Austria. Western Europe is beginning to loosen restrictions to contain the coronavirus. Bloomberg
  • A restaurant worker waits for customers alongside an outdoor dining area in the Naschmarkt in Vienna, Austria. Bloomberg
    A restaurant worker waits for customers alongside an outdoor dining area in the Naschmarkt in Vienna, Austria. Bloomberg
  • Workers wait to collect a coronavirus disease swab sample in the Fira of Barcelona, Spain. Reuters
    Workers wait to collect a coronavirus disease swab sample in the Fira of Barcelona, Spain. Reuters
  • People sit outdoors at a restaurant terrace near Notre Dame cathedral in Paris, France. Cafe and restaurant terraces reopened this week after a pandemic shutdown of more than six months. AP Photo
    People sit outdoors at a restaurant terrace near Notre Dame cathedral in Paris, France. Cafe and restaurant terraces reopened this week after a pandemic shutdown of more than six months. AP Photo

Global leaders are speaking at the gathering as they try to plot their way out of the pandemic and ensure the world is better prepared for health emergencies.

Two of the EU’s most powerful figures said the WHO should be empowered with lasting support.

French President Emmanuel Macron said the health body must be “robust” and “flexible” in times of crisis.

“It must be completely transparent to make sure that people trust the organisation. There must not be any political pressure and there must not be any suspicion of pressure that has been exerted,” he said.

Germany’s Chancellor Angela Merkel backed a global health threats council, suggested previously by an independent WHO panel, to improve prevention and response.

“The pandemic reminds us in particular of just how important international co-operation is. The WHO should therefore continue to play a leading role in global health care,” she said.

“If it is to do so, however, we must provide it with lasting financial and personnel support. We have been talking about this for years but now it is all the more important to act.”

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

The biog

Name: Mohammed Imtiaz

From: Gujranwala, Pakistan

Arrived in the UAE: 1976

Favourite clothes to make: Suit

Cost of a hand-made suit: From Dh550

 

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

Sly%20Cooper%20and%20the%20Thievius%20Raccoonus
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20Sucker%20Punch%20Productions%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Sony%20Computer%20Entertainment%3Cbr%3E%3Cstrong%3EConsole%3A%3C%2Fstrong%3E%20PlayStation%202%20to%205%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%205%2F5%3C%2Fp%3E%0A
The specs

Engine: 5.2-litre V10

Power: 640hp at 8,000rpm

Torque: 565Nm at 6,500rpm

Transmission: 7-speed dual-clutch auto

Price: From Dh1 million

On sale: Q3 or Q4 2022 

COMPANY%20PROFILE
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ENGLAND SQUAD

Goalkeepers Henderson, Johnstone, Pickford, Ramsdale

Defenders Alexander-Arnold, Chilwell, Coady, Godfrey, James, Maguire, Mings, Shaw, Stones, Trippier, Walker, White

Midfielders Bellingham, Henderson, Lingard, Mount, Phillips, Rice, Ward-Prowse

Forwards Calvert-Lewin, Foden, Grealish, Greenwood, Kane, Rashford, Saka, Sancho, Sterling, Watkins 

The biog

Favourite hobby: I love to sing but I don’t get to sing as much nowadays sadly.

Favourite book: Anything by Sidney Sheldon.

Favourite movie: The Exorcist 2. It is a big thing in our family to sit around together and watch horror movies, I love watching them.

Favourite holiday destination: The favourite place I have been to is Florence, it is a beautiful city. My dream though has always been to visit Cyprus, I really want to go there.

Results:

CSIL 2-star 145cm One Round with Jump-Off

1.           Alice Debany Clero (USA) on Amareusa S 38.83 seconds

2.           Anikka Sande (NOR) For Cash 2 39.09

3.           Georgia Tame (GBR) Cash Up 39.42

4.           Nadia Taryam (UAE) Askaria 3 39.63

5.           Miriam Schneider (GER) Fidelius G 47.74

TOP%2010%20MOST%20POLLUTED%20CITIES
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
Defence review at a glance

• Increase defence spending to 2.5% of GDP by 2027 but given “turbulent times it may be necessary to go faster”

• Prioritise a shift towards working with AI and autonomous systems

• Invest in the resilience of military space systems.

• Number of active reserves should be increased by 20%

• More F-35 fighter jets required in the next decade

• New “hybrid Navy” with AUKUS submarines and autonomous vessels

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

Leaderboard

63 - Mike Lorenzo-Vera (FRA)

64 - Rory McIlroy (NIR)

66 - Jon Rahm (ESP)

67 - Tom Lewis (ENG), Tommy Fleetwood (ENG)

68 - Rafael Cabrera-Bello (ESP), Marcus Kinhult (SWE)

69 - Justin Rose (ENG), Thomas Detry (BEL), Francesco Molinari (ITA), Danny Willett (ENG), Li Haotong (CHN), Matthias Schwab (AUT)

57%20Seconds
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Rusty%20Cundieff%0D%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EJosh%20Hutcherson%2C%20Morgan%20Freeman%2C%20Greg%20Germann%2C%20Lovie%20Simone%0D%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2%2F5%0D%3Cbr%3E%0D%3Cbr%3E%3C%2Fp%3E%0A
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20FinFlx%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20January%202021%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Amr%20Yussif%20(co-founder%20and%20CEO)%2C%20Mattieu%20Capelle%20(co-founder%20and%20CTO)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%20in%3A%3C%2Fstrong%3E%20Dubai%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%20size%3A%3C%2Fstrong%3E%20%241.5m%20pre-seed%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Venture%20capital%20-%20Y%20Combinator%2C%20500%20Global%2C%20Dubai%20Future%20District%20Fund%2C%20Fox%20Ventures%2C%20Vector%20Fintech.%20Also%20a%20number%20of%20angel%20investors%3C%2Fp%3E%0A
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

About Tenderd

Started: May 2018

Founder: Arjun Mohan

Based: Dubai

Size: 23 employees 

Funding: Raised $5.8m in a seed fund round in December 2018. Backers include Y Combinator, Beco Capital, Venturesouq, Paul Graham, Peter Thiel, Paul Buchheit, Justin Mateen, Matt Mickiewicz, SOMA, Dynamo and Global Founders Capital

ANATOMY%20OF%20A%20FALL
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Secret Pigeon Service: Operation Colomba, Resistance and the Struggle to Liberate Europe
Gordon Corera, Harper Collins

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

UAE tour of the Netherlands

UAE squad: Rohan Mustafa (captain), Shaiman Anwar, Ghulam Shabber, Mohammed Qasim, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Chirag Suri, Ahmed Raza, Imran Haider, Mohammed Naveed, Amjad Javed, Zahoor Khan, Qadeer Ahmed

Fixtures: Monday, first 50-over match; Wednesday, second 50-over match; Thursday, third 50-over match

UAE currency: the story behind the money in your pockets
Company Profile

Name: JustClean

Based: Kuwait with offices in other GCC countries

Launch year: 2016

Number of employees: 130

Sector: online laundry service

Funding: $12.9m from Kuwait-based Faith Capital Holding

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

Key figures in the life of the fort

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.

Sources: Jayanti Maitra, www.adach.ae

Tips to keep your car cool
  • Place a sun reflector in your windshield when not driving
  • Park in shaded or covered areas
  • Add tint to windows
  • Wrap your car to change the exterior colour
  • Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
  • Avoid leather interiors as these absorb more heat
COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
UAE%20SQUAD
%3Cp%3E%0D%3Cstrong%3EMen%3A%3C%2Fstrong%3E%20Saif%20Al%20Zaabi%2C%20Salem%20Al%20Marzooqi%2C%20Zayed%20Al%20Ansaari%2C%20Saud%20Abdulaziz%20Rahmatalla%2C%20Adel%20Shanbih%2C%20Ahmed%20Khamis%20Al%20Blooshi%2C%20Abdalla%20Al%20Naqbi%2C%20Khaled%20Al%20Hammadi%2C%20Mohammed%20Khamis%20Khalaf%2C%20Mohammad%20Fahad%2C%20Abdulla%20Al%20Arimi.%0D%3Cbr%3E%3Cstrong%3EWomen%3A%3C%2Fstrong%3E%20Mozah%20Al%20Zeyoudi%2C%20Haifa%20Al%20Naqbi%2C%20Ayesha%20Al%20Mutaiwei.%3C%2Fp%3E%0A
Western Region Asia Cup Qualifier

Results

UAE beat Saudi Arabia by 12 runs

Kuwait beat Iran by eight wickets

Oman beat Maldives by 10 wickets

Bahrain beat Qatar by six wickets

Semi-finals

UAE v Qatar

Bahrain v Kuwait