Pupils queue for a socially distanced school assembly in Manchester, England. AP
Pupils queue for a socially distanced school assembly in Manchester, England. AP
Pupils queue for a socially distanced school assembly in Manchester, England. AP
Pupils queue for a socially distanced school assembly in Manchester, England. AP

Pfizer seeks EU approval for children to have its vaccine


Tim Stickings
  • English
  • Arabic

Pfizer is applying to EU regulators to have its vaccine approved for use in children aged 12 to 15, a move that could help European countries to achieve herd immunity.

The US company and its German partner BioNTech say their submission to the European Medicines Agency is based on a study of more than 2,000 adolescents that showed the vaccine to be safe and effective.

The children will continue to be monitored for longer-term protection and safety for two years.

German Health Minister Jens Spahn welcomed the news that the vaccine might soon be used in older children.

“This can make a further real difference to our vaccine campaign, if approval is granted,” he said on a visit to a vaccine manufacturing plant in the German town of Reinbek.

Ugur Sahin, co-founder and chief executive of BioNTech, said the shot could become available for those age groups from June if EU approval is granted.

Pfizer is also asking to US regulators to extend the vaccine’s authorisation to children.

Most Covid-19 vaccines being distributed worldwide are for adults, who are at higher risk from the coronavirus.

But vaccinating people of all ages will be critical to stopping the pandemic, especially since research shows older children in particular may play a role in spreading the virus.

Immunising children against Covid-19 might also give authorities more confidence to reopen schools.

Other Covid-19 vaccine manufacturers including AstraZeneca, Moderna and Johnson & Johnson are studying whether their drugs can be used safely in children.

The Pfizer vaccine was the first one given the green light by EU regulators last December, when it was approved for people aged 16 and over.

EU nations made a slow start to the vaccination campaign, frustrating efforts to reach herd immunity.

But countries including Germany and France are now picking up the pace. Germany set a new European record on Wednesday with more than a million doses handed out in a day.

“That shows how much speed we’ve gained,” Mr Spahn said.

In France, President Emmanuel Macron said that all adults would be eligible for vaccines from June 15.

France's vaccination programme has now reached 99 per cent of care home residents and 69 per cent of over-70s, according to figures cited by Mr Macron.

The bloc is seeking to buy another 1.8 billion vaccine doses from Pfizer and BioNtech by 2023, some of which are intended for use in children.

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Marathon results

Men:

 1. Titus Ekiru(KEN) 2:06:13 

2. Alphonce Simbu(TAN) 2:07:50 

3. Reuben Kipyego(KEN) 2:08:25 

4. Abel Kirui(KEN) 2:08:46 

5. Felix Kemutai(KEN) 2:10:48  

Women:

1. Judith Korir(KEN) 2:22:30 

2. Eunice Chumba(BHR) 2:26:01 

3. Immaculate Chemutai(UGA) 2:28:30 

4. Abebech Bekele(ETH) 2:29:43 

5. Aleksandra Morozova(RUS) 2:33:01  

BUNDESLIGA FIXTURES

Friday (UAE kick-off times)

Cologne v Hoffenheim (11.30pm)

Saturday

Hertha Berlin v RB Leipzig (6.30pm)

Schalke v Fortuna Dusseldof (6.30pm)

Mainz v Union Berlin (6.30pm)

Paderborn v Augsburg (6.30pm)

Bayern Munich v Borussia Dortmund (9.30pm)

Sunday

Borussia Monchengladbach v Werder Bremen (4.30pm)

Wolfsburg v Bayer Leverkusen (6.30pm)

SC Freiburg v Eintracht Frankfurt (9on)

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

if you go
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The 12 breakaway clubs

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018)