Pfizer's vaccine was found to 88 per cent effective against symptomatic disease from the Indian variant two weeks after the second dose. AFP
Pfizer's vaccine was found to 88 per cent effective against symptomatic disease from the Indian variant two weeks after the second dose. AFP
Pfizer's vaccine was found to 88 per cent effective against symptomatic disease from the Indian variant two weeks after the second dose. AFP
Pfizer's vaccine was found to 88 per cent effective against symptomatic disease from the Indian variant two weeks after the second dose. AFP

Covid vaccines work well against Indian variant


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  • Arabic

Two shots of a Covid vaccine work almost as well against the Indian variant as they do against the dominant UK strain of the virus, a new study published shows.

Britain’s Health Secretary Matt Hancock called the data groundbreaking and expressed hope stage 4 of England’s Covid roadmap could proceed without hitch on June 21.

According to figures from Public Health England, 22,071,497 people in the UK had been fully vaccinated against the virus on May 21.

With these figures showing that the UK is delivering a seven-day average of 337,000 second doses, many millions more Britons are on track to receive dose number two by June 21, when more Covid restrictions will be lifted.

The PHE research found the Pfizer-BioNTech vaccine was 88 per cent effective against symptomatic disease from the B.1.617.2 Indian, or "double mutant", variant two weeks after the second dose.

That compared with 93 per cent effectiveness against the B.1.1.7, or Kent strain, which is Britain’s dominant Covid variant.

Two doses of AstraZeneca’s vaccine were 60 per cent effective against symptomatic disease from the Indian variant compared with 66 per cent effectiveness against the Kent variant, PHE said.

Britain has rushed out Europe’s fastest vaccination programme but it has faced a new challenge from the spread of the variant first found in India.

Data published on Saturday showed new coronavirus cases reported in Britain rose by 10.5 per cent in the seven days to May 22, although they were still a fraction of levels seen earlier this year.

The Indian variant itself represents a fraction of these cases, but data from genome sequencers the Wellcome Sanger Institute showed it is accelerating exponentially in the UK.

With vaccines now shown to be effective against the double mutant, the race between vaccine and variant is well and truly on. Mr Hancock said it further proved getting both doses of the vaccine was vital.

UK Prime Minister Boris Johnson earlier in May ordered an acceleration of remaining second doses to the over-50s and people who are clinically vulnerable.

PHE said one dose of both vaccines was 33 per cent effective against symptomatic disease from the Indian variant B.1.617.2 after three weeks, lower than its 50 per cent effectiveness against the Kent variant B.1.1.7.

Concern about rising cases in Britain of the variant first found in India prompted Germany to say on Friday that anyone entering the country from the United Kingdom would have to quarantine for two weeks on arrival.

Coronavirus around the world - in pictures

  • Employees of Michael Undertakers and Ambulance Services, seen wearing personal protective equipment suits, join mourners at the burial of a Covid-19 coronavirus victim at a Christian cemetery in Pali, a village near Faridabad. AFP
    Employees of Michael Undertakers and Ambulance Services, seen wearing personal protective equipment suits, join mourners at the burial of a Covid-19 coronavirus victim at a Christian cemetery in Pali, a village near Faridabad. AFP
  • Felix San Soe receives help from his grandfather to make a blessing at the grave of his grandmother, Tin Aye, who died a year ago from Covid-19, in Aurora, Colorado, US. Reuters
    Felix San Soe receives help from his grandfather to make a blessing at the grave of his grandmother, Tin Aye, who died a year ago from Covid-19, in Aurora, Colorado, US. Reuters
  • Farmers view a cow from ringside at the Carrigallen Mart cattle auction as the coronavirus disease restrictions are eased in Ireland. Reuters
    Farmers view a cow from ringside at the Carrigallen Mart cattle auction as the coronavirus disease restrictions are eased in Ireland. Reuters
  • Myanmar migrant worker Chit Kaung, 21, looks from his dormitory room, in which he has been stuck for 12 days owing to lockdown measures after more than a thousand Covid-19 cases were detected in his accommodation in Bangkok, Thailand. Reuters
    Myanmar migrant worker Chit Kaung, 21, looks from his dormitory room, in which he has been stuck for 12 days owing to lockdown measures after more than a thousand Covid-19 cases were detected in his accommodation in Bangkok, Thailand. Reuters
  • An aerial view of open burial plots near the graves of recently deceased people at Vila Formosa cemetery in Sao Paulo, Brazil. Getty
    An aerial view of open burial plots near the graves of recently deceased people at Vila Formosa cemetery in Sao Paulo, Brazil. Getty
  • A tour guide walks on an empty street in the central district of Myeongdong in Seoul, South Korea. EPA
    A tour guide walks on an empty street in the central district of Myeongdong in Seoul, South Korea. EPA
  • A woman buys a chicken from a street vendor in Phnom Penh. Markets remained closed amid lockdown restrictions introduced in Cambodia to try to halt a surge in cases of Covid-19. AFP
    A woman buys a chicken from a street vendor in Phnom Penh. Markets remained closed amid lockdown restrictions introduced in Cambodia to try to halt a surge in cases of Covid-19. AFP
  • People gather in Central Park in New York. After 16 months of safety measures in place owing to the pandemic, New Yorkers can now enjoy a city in which most restrictions have been lifted. AFP
    People gather in Central Park in New York. After 16 months of safety measures in place owing to the pandemic, New Yorkers can now enjoy a city in which most restrictions have been lifted. AFP
World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

RESULTS

Lightweight (female)
Sara El Bakkali bt Anisha Kadka
Bantamweight
Mohammed Adil Al Debi bt Moaz Abdelgawad
Welterweight
Amir Boureslan bt Mahmoud Zanouny
Featherweight
Mohammed Al Katheeri bt Abrorbek Madaminbekov
Super featherweight
Ibrahem Bilal bt Emad Arafa
Middleweight
Ahmed Abdolaziz bt Imad Essassi
Bantamweight (female)
Ilham Bourakkadi bt Milena Martinou
Welterweight
Mohamed Mardi bt Noureddine El Agouti
Middleweight
Nabil Ouach bt Ymad Atrous
Welterweight
Nouredine Samir bt Marlon Ribeiro
Super welterweight
Brad Stanton bt Mohamed El Boukhari

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While you're here
ENGLAND SQUAD

Goalkeepers Pickford (Everton), Pope (Burnley), Henderson (Manchester United)

Defenders Alexander-Arnold (Liverpool), Chilwell (Chelsea), Coady (Wolves), Dier (Tottenham), Gomez (Liverpool), James (Chelsea), Keane (Everton), Maguire (Manchester United), Maitland-Niles (Arsenal), Mings (Aston Villa), Saka (Arsenal), Trippier (Atletico Madrid), Walker (Manchester City)

Midfielders: Foden (Manchester City), Henderson (Liverpool), Grealish (Aston Villa), Mount (Chelsea), Rice (West Ham), Ward-Prowse (Southampton), Winks (Tottenham)

Forwards: Abraham (Chelsea), Calvert-Lewin (Everton), Kane (Tottenham), Rashford (Manchester United), Sancho (Borussia Dortmund), Sterling (Manchester City)

'Skin'

Dir: Guy Nattiv

Starring: Jamie Bell, Danielle McDonald, Bill Camp, Vera Farmiga

Rating: 3.5/5 stars

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 

Founders: Ines Mena, Claudia Ribas, Simona Agolini, Nourhan Hassan and Therese Hundt

Date started: January 2017, app launched November 2017

Based: Dubai, UAE

Sector: Private/Retail/Leisure

Number of Employees: 18 employees, including full-time and flexible workers

Funding stage and size: Seed round completed Q4 2019 - $1m raised

Funders: Oman Technology Fund, 500 Startups, Vision Ventures, Seedstars, Mindshift Capital, Delta Partners Ventures, with support from the OQAL Angel Investor Network and UAE Business Angels

RESULT

Copa del Rey, semi-final second leg

Real Madrid 0
Barcelona 3 (Suarez (50', 73' pen), Varane (69' OG)

The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

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

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