Le Lézard
Classified in: Health, Business, Covid-19 virus
Subjects: PDT, PSF

RDIF: Egypt grants emergency use authorization for Sputnik V


MOSCOW, Feb. 24, 2021 /PRNewswire/ -- The Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund) announces the approval of the Russian Sputnik V vaccine against coronavirus by the Egyptian Drug Authority.

Russian Direct Investment Fund Logo

Egypt is the 35th country in the world to approve Sputnik V. It is also the most populated country in the Middle East with over 100 million people.

Egyptian Drug Authority has approved the vaccine under the emergency use authorization procedure.

Sputnik is one of the world's top three coronavirus vaccines in terms of the number of approvals issued by government regulators.

Sputnik V had been approved earlier in Russia, Belarus, Argentina, Bolivia, Serbia, Algeria, Palestine, Venezuela, Paraguay, Turkmenistan, Hungary, UAE, Iran, Republic of Guinea, Tunisia, Armenia, Mexico, Nicaragua, Republika Srpska (entity of Bosnia and Herzegovina), Lebanon, Myanmar, Pakistan, Mongolia, Bahrain, Montenegro, Saint Vincent and the Grenadines, Kazakhstan, Uzbekistan, Gabon, San-Marino, Ghana, Syria, Kyrgyzstan and Guyana.

Kirill Dmitriev, CEO of the Russian Direct Investment Fund, said:

"Egypt is the most populated country of the Middle East and the decision of the Egyptian Drug Authority to include Sputnik V in the national vaccine portfolio demonstrates the appreciation of safety and efficacy of the vaccine. Sputnik V is now approved in 35 countries around the world and the number of registrations will keep increasing in coming weeks as the Russian vaccine is widely recognized as one of the best in the world."

Sputnik V has a number of key advantages:

Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. RDIF's management company is based in Moscow. Currently, RDIF has experience of the successful joint implementation of more than 80 projects with foreign partners totaling more than RUB2 tn and covering 95% of the regions of the Russian Federation. RDIF portfolio companies employ more than 800,000 people and generate revenues which equate to more than 6% of Russia's GDP. RDIF has established joint strategic partnerships with leading international co-investors from more than 18 countries that total more than $40 bn. Further information can be found at www.rdif.ru

Logo - https://mma.prnewswire.com/media/1140939/Russian_Direct_Investment_Fund_Logo.jpg

 


These press releases may also interest you

at 11:05
Today, during its annual global employee kickoff event broadcast to 63,000 employees, Lenovo unveiled its plans to drive transformation from a global devices company to a technology leader in global devices + solutions, services, and software. Lenovo...

at 11:00
The "Digital Business Support System Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component, Geography" report has been added to ResearchAndMarkets.com's offering. Global Digital Business Support System (BSS) market was valued at...

at 11:00
Standard Textile is proud to announce it has been selected as a 2021 US Best Managed Company. Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their...

at 11:00
Infoblox Inc., the leader in Secure Cloud-Managed Network Services, today announced the appointment of cloud industry veteran Mitch Breen as Chief Revenue Officer. Reporting to CEO Jesper Andersen, Breen will work closely with sales, channel, and...

at 11:00
Consumer priorities changed significantly when COVID-19 hit the U.S. last year. As the country adjusted to social distancing restrictions, consumers' heavy reliance on home cooking led to major shifts in grocery shopping trends. The Pandemic-Fueled...

at 11:00
ReturnSafe, the comprehensive software solution for infectious disease management (IDM) helping businesses reopen and stay open, today released findings from its new study on return-to-work strategies and the future of infectious disease in the...



News published on 24 february 2021 at 08:10 and distributed by: