The Public Investment Fund, which is run by the effective ruler of Saudi Arabia, Crown Prince Mohammed bin Salman, wants to be taken seriously internationally.
In addition to its range of investments in Saudi Arabia, it is a major investor in a range of international entities. These include Uber, where Mr. al-Rumayyan is a board member, electric vehicle company Lucid Motors and a major infrastructure investment fund in Blackstone, the private equity firm.
The Fund has established itself as a global leader in governance and transparency. But some companies are worried about investing in a country that has committed human rights atrocities, and many analysts doubt that there really is a wall between the fund and the royal family.
Following an increase in coronavirus cases last year, Saudi Arabia has returned the figures with a relatively high vaccination rate and low number of cases, according to the World Health Organization. The government requires proof of vaccination for international travelers.
What you need to know about Covid-19 boosters
The FDA has authorized booster vaccines for millions of Pfizer-BioNTech, Moderna and Johnson & Johnson vaccine recipients. Pfizer and Moderna recipients eligible for an amp include persons 65 years of age and older, and younger adults at high risk of severe Covid-19 due to medical conditions or the place where they work. Qualified recipients of Pfizer and Moderna can take an amplifier at least six months after the second dose. All Johnson & Johnson recipients will be eligible for a second kick at least two months after the first.
Yes. The FDA has updated its powers to allow medical providers to promote people with a different vaccine from the one they originally received, a strategy known as mix and match. Whether you have taken Moderna, Johnson & Johnson or Pfizer-BioNTech, you can get a booster of any other vaccine. Regulators have not recommended one vaccine over another as a booster. They have also remained silent on whether it is preferable to adhere to the same vaccine when possible.
The CDC has said conditions that qualify a person for a booster vaccine include: hypertension and heart disease; diabetes or obesity; cancer or blood disorders; weakened immune system; chronic diseases of the lungs, kidneys or liver; dementia and some disabilities. Pregnant women and current and former smokers are eligible as well.
The FDA authorized boosters for workers whose work puts them at high risk of exposure to potentially infectious people. The CDC says the group includes: emergency medical workers; education workers; food and agriculture workers; production workers; correctional workers; U.S. Postal Service employees; public transit workers; grocery store workers.
Yes. The CDC says the Covid vaccine can be administered regardless of the timing of other vaccines, and many pharmacy sites are allowing people to schedule a flu vaccine at the same time as a booster dose.
Mr al-Rumayyan, who is the public face of the kingdoms’ increasingly global investment network, has had a particularly busy travel schedule recently.
On October 17, he sat in the box of the owners of the football stadium St. Jamess Park in Newcastle, England, where she was greeted by fans. He wore a black and white scarf bearing the logo of Newcastle United, the Premier League football team that the Public Investment Fund recently bought a stock, making him the club’s new president.
Two days later, he shook hands with Queen Elizabeth at the Global Investment Summit at Windsor Castle, an event that aims to highlight green technology and fund investment opportunities in Britain. After that, he traveled to Washington, DC, where he received a Leading Award at a 75th Anniversary Middle East Institute event.
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