INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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.