UAE has emerged as one of the most successful nations in executing a coronavirus vaccination drive. Over 4 million people so far have received the covid-19 vaccination. The public sector has been vaccinating the employees at a large-scale and making Polymerase chain reaction (PCR) tests mandatory for those not being vaccinated.
What is Efficacy Rate?
Efficacy rate measures the reduction in disease incidence in a vaccinated group compared with an unvaccinated group. For instance, the efficacy rate of 70% means people injected with the vaccine are 70% protected from getting infected, compared with those who are completely vulnerable without it.
Covid-19 Vaccines Available in the UAE:
At present, there are four vaccines available in the UAE for use on eligible individuals against the COVID-19 infection. This includes – Sinopharm, Pfizer-BioNTech, Oxford-AstraZeneca and, Sputnik V.
All of these vaccines are available for free to all citizens and residents.
Instructions for the Federal Employers & Employees:
The top considerations for the federal employers and employees in the UAE in the coming weeks and months will be to make coronavirus vaccines easily available. They are currently being administered in two separate doses. Employees must be provided with the necessary time off from work to obtain the vaccine and to recover from the side effects if any.
The Economic Impact of Sinopharm on UAE:
UAE’s pace has been the fastest in vaccinating its people for Covid-19. While the western world has prioritised the older people in the vaccination drive, the UAE has given preference to the frontline workers and expanded the access to all adults in its 1 million nationals and over 8 million foreign residents. The approach of vaccinating the front-line workers have worked wonders for the UAE in controlling the pandemic as they are more prone to spread the virus.
Since the vaccinating process began, the UAE government has allowed residents to organize gatherings inside their homes of up to 10 people. Hotels which remained vacant for almost half a year witnessed a 70% surge in their occupancy rate since the launch of vaccination drive. The primary reason being a substantial surge in international tourism in the UAE due to a sense of normality and warm weather.
The UAE is driving GDP & economic growth across GCC nations by the virtue of being a trade, transport, and tourism hub. Post-vaccination process, retail & tourism sectors have outperformed others in terms of revenue. UAE also achieved better inflows and outflows of goods & services and presently striving towards its aim of vaccinating the largest percentage of society in the next 2-3 months.
What Does the Clearance of Covid-19 Vaccines Means for the Communities?
The approval of the list of covid vaccines is indeed a great news for the UAE economy. Since the launch of the vaccine, several restaurants, cinemas, tourist destinations, shopping malls, entertainment venues have been made operational. This will have a profound impact on the job market. Furthermore, the launch of the vaccine will also make it possible to organize Expo 2020 in October 2021, which will attract billions of dollars of investments to the UAE economy. The grand event will also boost tourism and real-estate, and will lead to the creation of millions of new jobs in the economy.
According to Khatija Haque, Chief economist & Head of research at Emirates NBD, “Overall we expect the non-oil sectors to grow 3.5 % with headline GDP growth to be at 1.9 % in 2021.”
Rapid changes are expected to take place in the coming months with an increased focus on being vaccinated. The UAE government is planning to vaccinate almost 60-70% of its population before the end of March 2021. The Sinopharm vaccine emerges as the most preferred option due to its wider availability compared to the Pfizer-BioNTech vaccine. The launch of the covid vaccine will allow the UAE government to avoid taking any serious steps such as – lockdowns which have completely paralyzed the economies of some of the biggest G8 nations.
Covid-19 Measures Taken by Kaizen AMS for its’ communities:
The core mission behind the formation of Kaizen AMS is to create a community ecosystem which focuses on a stronger emotional connection, by offering residents exceptional experiences through sustainable, reliable, safe, and technologically advanced means.
Ensuring residents safety and great experience have always been the top priority of Kaizen AMS. Our community managers have been instrumental in safeguarding their communities from Coronavirus Pandemic. They laid special emphasis on increasing the frequency of sanitization and cleaning across all the communities.
To ensure residents & tenants’ do not have to go out physically to contact our community managers and their issues gets resolved online, Kaizen AMS’ integrated all resident and tenant support applications with Whatsapp. This way we made sure that we stay just a click away from our residents in need. Our applications received an overwhelming response with 98% usage.
Our community managers also ensured social distancing norms are followed while residents travel in elevators or in common areas. They temporarily suspended any use of swimming pools and facilities and installed hand sanitizers in all the communities to curb the spread of the virus. Kaizen Community managers also ensured that all the government guidelines pertaining to stop the spread of the pandemic are followed. They instructed the security personnel to ensure that residents are wearing masks at all times while accessing the common area. We went beyond the RERA’s guidelines to protect our communities from Covid-19 because creating safe and memorable experiences is not just a statement, but the core philosophy behind the formation of Kaizen AMS.