INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

France ‘concerned’ as Tunisia’s president extends powers

France Foreign Minster speaking at Ocean Summit.
  • France's Foreign Minister expressed concern over Tunisian President Kais Saied giving himself sweeping powers over the judiciary
  • Thousands of Tunisian took to the street on Sunday demanding democracy and an independent judiciary

France’s Foreign Minister Jean-Yves Le Drian on Tuesday voiced concern after Tunisia’s President Kais Saied gave himself sweeping powers over the judiciary in the former French protectorate.

Saied on Sunday officially replaced a judicial watchdog he had vowed to dissolve, and through a decree gave himself the capacity to block judicial appointments and sack judges.

“There have been a number of concerning actions by President Kais Saied. I’m thinking in particular of the dissolution of the High Judicial Council,” Le Drian told the foreign affairs committee in parliament.

Thousands protested in central Tunis on Sunday against what they said was another blow to their democracy.

Saied in July last year sacked the government, suspended parliament and seized a range of powers before moving to rule by decree, sparking fears for what had been seen as the only democracy to emerge from the Arab Spring uprisings.