Back to the complete issue
Wednesday, 15 December 2021

Omicron poses a “very high” global risk, WHO says

The Health Ministry reported 822 new covid-19 infections yesterday, up from 799 the day before. Egypt has now disclosed a total of 370,819 confirmed cases of covid-19. The ministry also reported 51 new deaths, bringing the country’s total death toll to 370,819.

WHO warns of “high global risk” from Omicron: Evidence suggests that Omicron is able to override vaccine protection, meaning the new variant poses a very high global risk, the World Health Organization said in a technical briefing (pdf). There are still many uncertainties about how virulent the variant is compared to Delta and just how much it affects vaccine efficacy, the WHO said.

More updates on Pfizer jab efficacy: The two-dose Pfizer shot provides just 33% protection against contracting the Omicron variant, compared to 80% efficacy with previous waves of covid-19, according to South Africa's largest private health ins. administrator, Discovery Health. The data also found that those who have previously been infected with covid are at a higher risk of contracting Omicron and preliminary data showed that children have a 20% higher risk of hospitalization.

But there is a chance that the company’s oral pill works: Preliminary data in trials conducted by Pfizer suggests that its experimental oral pill showed “potential to maintain robust antiviral activity against Omicron,” the company said yesterday.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.