
Britain on Monday took another giant step in the fight against COVID-19, ramping up its immunization program by giving the first shots in the world from the vaccine created by Oxford University and pharmaceutical giant AstraZeneca.
Dialysis patient Brian Pinker, 82, was the first to get the new vaccine shot, administered by the chief nurse at Oxford University Hospital. Pinker said he was so pleased and that he can “now really look forward to celebrating my 48th wedding anniversary with my wife Shirley later this year.”Since December 8, Britain’s National Health Service has been using a vaccine made by Pfizer and the German firm BioNTech to inoculate health care workers and nursing home residents and staff. The Oxford-AstraZeneca vaccine boosts that arsenal and is cheaper and easier to use since it does not require the super-cold storage needed by the Pfizer vaccine.
The Oxford-AstraZeneca vaccine was being administered at a small number of U.K. hospitals for the first few days so authorities can watch out for any adverse reactions. But hundreds of new vaccination sites — at both hospitals as well as local doctors’ offices — will launch this week, joining the more than 700 already in operation, NHS England said.
In a shift from practices in the US and elsewhere, Britain now plans to give people second doses of both vaccines within 12 weeks of the first shot rather than within 21 days, to accelerate immunizations across as many people as quickly as possible.
The government’s deputy chief medical officer, Jonathan Van-Tam, said Sunday that decision is “the right thing to do for the nation as a whole.”
The U.K. is in the midst of an acute outbreak, recording more than 50,000 new coronavirus infections a day over the past six days. On Sunday, it notched up another 54,990 cases and 454 more virus-related deaths to take its confirmed pandemic death toll total to 75,024, one of the worst in Europe.
British Prime Minister Boris Johnson warned Sunday that more onerous lockdown restrictions in England are likely in the coming weeks as the country reels from a coronavirus variant that has pushed infection rates to their highest recorded levels.
Johnson, though, insisted he has “no doubt” that schools are safe and urged parents to send their children back into the classroom Monday in areas of England where schools plan to reopen. Unions representing teachers have called for schools to turn to remote learning for at least a couple of weeks more due to the variant, which officials have said is up to 70 percent more contagious.
“We are entirely reconciled to do what it takes to get the virus under control, that may involve tougher measures in the weeks ahead,” Johnson told the BBC.
Johnson conceded that school closures, curfews and the total banning of household mixing could be on the agenda for areas under the most stress.
London and southeast England are facing extremely high levels of new infections and there’s speculation that restrictions there will have to be tightened. Some areas in the region have more than 1,000 coronavirus cases per 100,000 people.
Johnson’s Conservative government is using a tiered coronavirus restrictions system to try to stop the spread of the virus. Most of England is already at the highest Tier 4 level, which involves closing non-essential shops, gyms and recreation centers and going to at-home instruction.
source: Al Arabiya English
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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