#Omicron
Crude has enjoyed a robust start to the new year, with prices soaring to the highest since 2014 last week
Brent futures have soared in the opening weeks of 2022, reflecting the underlying bullishness on display in the physical markets
Oil has rallied more than 10 per cent so far this year
Oil has roared higher in the opening days of the new year as concerns about the pandemic, especially the impact of the omicron variant, have eased off
As per new rules in Hong Kong, if four or more passengers are confirmed to have Covid-19 on arrival from the same place within seven days, that route will be suspended for 14 days
The authorities will conduct contact tracing only in case of a cluster outbreak
A third dose produced higher levels of neutralising antibodies than those found in individuals who had recovered naturally from the alpha, beta and delta strains of Covid-19
The new variant, which infects 70 times faster than the deadly delta, spread to some 77 countries in less than one month of being first detected
Travellers were specifically urged to avoid “high-risk countries” where the omicron variant of Covid-19 has spread rapidly
Oil’s drop this week has eaten into a partial recovery from a bear market at the end of November
The new alert level will be in place from Sunday, December 19, 2021, until Monday, January 31, 2022
The protection is maintained across age groups and in the face of a range of chronic illnesses
On November 25, the companies started to develop an Omicron-specific Covid-19 vaccine
The update comes in consolidation of the proactive measures to enhance the efforts made at the country level as part of the post Covid-19 recovery strategy
It is the second country to detect the new variant after Saudi Arabia in the MENA region
It is the first Omicron variant case reported in the Middle East and North Africa
Researchers worldwide are racing to understand the full impact of the new strain
The suspension will be effective starting November 30, for a period of two weeks
The kingdom has banned flights to and from 14 African countries in total, including Seychelles and Mauritius
Flight will however continue to transport passengers from the UAE to these countries