Doctors check on a patient suffering from coronavirus at the Dr Hassan Haloos hospital on August 31, 2020 in Najaf, Iraq. Getty Images.
Doctors check on a patient suffering from coronavirus at the Dr Hassan Haloos hospital on August 31, 2020 in Najaf, Iraq. Getty Images.
Doctors check on a patient suffering from coronavirus at the Dr Hassan Haloos hospital on August 31, 2020 in Najaf, Iraq. Getty Images.
Doctors check on a patient suffering from coronavirus at the Dr Hassan Haloos hospital on August 31, 2020 in Najaf, Iraq. Getty Images.

Coronavirus: Iraq opens borders as daily cases surge


Mina Aldroubi
  • English
  • Arabic

Iraq on Tuesday recorded one of its highest daily tallies of coronavirus infections as the country opened its border crossings, hotels and restaurants.

The Health Ministry registered 4,894 new cases and 68 deaths, bringing the total cases to 269,758 and 7,657 fatalities.

Iraq's fragile health sector is bracing for a rapid spread of the virus as hospitals have been overwhelmed by the jump in cases after months of a relatively slow spread.

“Land crossings would be open for trade only so as to secure local market needs," Prime Minister Mustafa Al Kadhimi said.

"Restaurants and five-star hotels must adhere to public health guidelines."

Government agencies can now allow 50 per cent of employees to return to work, he said, and sporting events would resume as of September 12.

The restrictions were lifted after a night meeting led by Mr Al Kadhimi and health officials.

He took office four months ago, facing the unenviable task of trying to pull the country out of an economic decline.

Iraq’s economy is almost dependent on oil sales, prices of which have taken a huge dip due to the pandemic.

It follows months of public unrest where anti-government protests filled the streets of Baghdad and southern cities, demanding an end to corruption, economic decay and poor public services

The country recorded its highest daily increase in coronavirus infections on Friday with 5,036 cases as Iraqis continue to flout lockdown rules, the health ministry said.

A ministry official warned the lack of public compliance to health regulations will increase the number of infections to which hospitals may not be able to respond\.

“The ministry may halt its operations due to the overload of cases because our health institutions have a limited capacity and this will result in an increase in deaths,” Riyadh Abdul Amir, head of public health, said on Saturday.

Officials across the country have warned for months that they are not equipped to deal with a full-blown crisis, with a healthcare system depleted by years of conflict and corruption.

Mr Abdul Amir said the ministry was willing to ease restrictions and will reopen public facilities only if strict health measures are followed.

Iraq's first case was announced in the final week of February, a month after the virus was first reported in the Middle East.

Also on Tuesday, the UN refugee agency it has confirmed two coronavirus cases in the Azraq camp for Syrian refugees in Jordan, which is home to more than 40,000 people who have fled their country’s civil war.

They are the first infections to be detected among Syrians living in refugee camps in Jordan.

The UNHCR said the two patients were transferred to quarantine centres after testing positive late on Monday, and their neighbours have been isolated as more testing is carried out.

Jordan hosts more than 650,000 Syrian refugees, most of whom live outside camps.

At least four Syrian refugees living outside the camps in Jordan have tested positive, with three of them recovering.

Experts and aid agencies have warned of potentially catastrophic outbreaks in the world’s refugee camps, where sanitation is often poor and social distancing is nearly impossible.

More than 70 million people worldwide have fled their homes because of war and unrest, and up to 10 million live in refugee camps and informal settlements.

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
Six pitfalls to avoid when trading company stocks

Following fashion

Investing is cyclical, buying last year's winners often means holding this year's losers.

Losing your balance

You end up with too much exposure to an individual company or sector that has taken your fancy.

Being over active

If you chop and change your portfolio too often, dealing charges will eat up your gains.

Running your losers

Investors hate admitting mistakes and hold onto bad stocks hoping they will come good.

Selling in a panic

If you sell up when the market drops, you have locked yourself out of the recovery.

Timing the market

Even the best investor in the world cannot consistently call market movements.

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 

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Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)

The biog

Born: near Sialkot, Pakistan, 1981

Profession: Driver

Family: wife, son (11), daughter (8)

Favourite drink: chai karak

Favourite place in Dubai: The neighbourhood of Khawaneej. “When I see the old houses over there, near the date palms, I can be reminded of my old times. If I don’t go down I cannot recall my old times.”

The biog

Name: Timothy Husband

Nationality: New Zealand

Education: Degree in zoology at The University of Sydney

Favourite book: Lemurs of Madagascar by Russell A Mittermeier

Favourite music: Billy Joel

Weekends and holidays: Talking about animals or visiting his farm in Australia

THE DETAILS

Director: Milan Jhaveri
Producer: Emmay Entertainment and T-Series
Cast: John Abraham, Manoj Bajpayee
Rating: 2/5

A little about CVRL

Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.

One of its main goals is to provide permanent treatment solutions for veterinary related diseases. 

The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery. 

Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

UAE currency: the story behind the money in your pockets
Klopp at the Kop

Matches 68; Wins 35; Draws 19; Losses 14; Goals For 133; Goals Against 82

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