US equity futures and Asian shares declined while safe haven demand lifted US Treasuries
New coronavirus cases in the UAE fell below 1,000 for the first time this year.
The Ministry of Health and Prevention reported the lowest tally of infections this year, as it announced 930 cases on Tuesday, February 15.
The Omicron-driven Covid-19 cases have consistently declined in the country since January 15, 2022. Daily cases had been above the 1,000-mark since December 22.
Due to the decline in new Covid-19 cases, the federal, Dubai and Sharjah governments have announced the easing of restrictions related to the pandemic.
The decline in new coronavirus cases is a credit to the aggressive vaccination drive embarked on by the government as well as UAE residents' adherence to safety and precautionary measures against the pandemic.
As of Tuesday, over 95 per cent of eligible residents are fully vaccinated against Covid-19, while 100 per cent have received at least one dose.
The UAE doctors told Khaleej Times earlier that the Omicron wave has reached its peak and is receding now.
ALSO READ:
"The good thing is that people in the UAE are going for vaccinating themselves to protect and immunise against the pandemic. Once a person has received the jab, the immune system will be stronger even if they're infected earlier.
"Also, if people test positive but they have received the jab, it will not result in active serious disease, and the severity will be less," Dr Adel Al Sisi, chief medical officer, consultant and head of ICU at Prime Hospital, had said.
Capital Economics said in a study in January that the UAE leads in a successful Covid-19 booster drive, and based on experiences of the other countries, it's believed that the Omicron virus will quickly fade away in the UAE.
-waheedabbas@khaleejtimes.com
US equity futures and Asian shares declined while safe haven demand lifted US Treasuries
Passengers reaching their final destination without their baggage should contact the airport airline representative or contact their airline call centre, DXB said
Spot gold was trading at $2,384.14 per ounce at 9.25 am UAE time, up 0.17 per cent
Passengers already in Dubai and in transit will continue to be processed for their flights, the airlines said
The airline also suspended flights to Iran amid reports of an Israeli strike
Expect fair to partly cloudy conditions today with chances of fog and mist formation in some areas
Iran fired air defense batteries after reports of explosions near a major airbase at the city of Isfahan
Other requests include residents seeking assistance with cleaning mud accumulation, restoring damaged furniture