INSEAD Day 4 - 728x90

France

2PointZero posts profit surge

Growth driven by merger consolidation.

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.
  • Israel PM: World must use force if Iran builds nuclear bomb

    For the past 10 days, various officials have suggested the deal - which US then-president Donald Trump scrapped in 2018 - might not be renewed until at least mid-November, a deadline that Lapid has tried to use to push the West to impose a tougher approach in their negotiations.
  • Xiamen Airlines to buy aircraft

    The airline plans to buy 40 A320neo aircraft from Airbus.
  • Saudi Arabia to launch two astronauts into space aboard Elon Musk’s SpaceX

    The sources told Reuters that the deal was signed privately earlier this year with Houston’s Axiom Space.
  • UAE, France, India share vision on sustainable growth: Sheikh Abdullah

    New York, USA - UAE, France and India have discussed the need for enhancing global cooperation to counter energy and good security challenges. The foreign ministers of the three countries met on the sidelines of 77th session of the United Nations General Assembly in New York. Sheikh Abdullah bin Zayed...
  • France’s Macron to meet Iran’s Raisi for revival of nuclear accord

    The Biden administration says the deal remains the best way to restrict Iran's nuclear program but has been increasingly pessimistic that Tehran will agree to a compromise negotiated by European Union mediators.
  • France sends latest nuclear shipment to Japan

    Two ships carrying reprocessed nuclear fuel destined for Japan set sail Saturday morning from northern France, an AFP photographer said, despite criticism from environmental campaigners.
  • Germany regrets Iran failure to agree to nuclear deal

    German Chancellor Olaf Scholz said Iran has failed to agree to proposals from European countries on reviving a deal on restricting its nuclear program, warning this would derail any accord in the near future. Meanwhile Israeli Prime Minister Yair Lapid visited Germany to persuade Western powers to ditch the pact...
  • Gas shortage threatens French yoghurt production

    The French are big on yoghurt, behind only the Dutch in consumption per capita. It is not only a breakfast staple, but often eaten with lunch or as a snack.
  • Iran terms statement on nuclear talks “unconstructive”

    Castigating the three European powers for an “unconstructive” statement about negotiations aimed at reviving a 2015 nuclear deal, Iran has asked Germany, France and Britain to provide a solution to end what it called as disagreements “instead of entering the phase of destroying the diplomatic process.”
  • France raises Russian sanctions-busting with Turkey

    Catherine Colonna met her Turkish counterpart Mevlut Cavusoglu before flying to Athens on Tuesday to address a new spike in tensions between the two NATO neighbours and historic foes. Colonna made efforts at a joint media appearance with Cavusoglu to avoid a repeat of the public spat that developed during...
  • ‘Turkey can mediate Ukraine nuclear plant standoff’

    Turkey can mediate in a standoff over Ukraine's Zaporizhzhia nuclear power station, occupied by Moscow's troops, President Recep Tayyip Erdogan told Russian counterpart Vladimir Putin on Saturday. "President Erdogan said Turkey can play a facilitator role in the Zaporizhzhia nuclear power plant, as they did in the grain deal," the...
  • G7 to ‘urgently’ implement Russian oil price cap

    G7 industrialized powers vowed Friday to "urgently" move towards implementing a price cap on Russian oil imports in a bid to cut a major source of funding for Moscow's war in Ukraine. The G7 said it was working towards a "broad coalition" of support for the measure but officials in...
  • Eurozone inflation hits new record 9.1 percent on soaring energy prices

    Driven by soaring energy prices caused by Russia's invasion in Ukraine, the yearly inflation rate in the 19-country single currency area reached 9.1 percent, its highest since records began, according to Eurostat. Consumer prices had accelerated to 8.9 percent in July.
  • Macron winds up Algeria visit with ‘irreversible dynamic’ of progress

    French President Emmanuel Macron and his Algerian counterpart Abdelmadjid Tebboune Saturday declared a "new, irreversible dynamic of progress" in their nations' ties, concluding a visit by Macron aimed at ending months of tensions. The three-day visit comes less than two months after Algeria marked six decades of independence following 132...
  • Tunisia recalls Morocco envoy in W. Sahara row

    Tunisia said Saturday it would recall its ambassador from Morocco for consultations, a day after the kingdom did the same in response to Tunisia's president hosting the Polisario movement's head. The Polisario wants an independent state in Western Sahara, a stretch of mineral-rich desert which Morocco sees as a part...
  • French president looks to ‘future’ on Algeria trip to mend ties

    President Emmanuel Macron arrived in Algeria on Thursday for a three-day visit aimed at mending ties with the former French colony, which this year marked its 60th anniversary of independence. The first French president to be born after Algerian independence, Macron is hoping "to lay a foundation to rebuild and...
  • European gas prices approach record peak on Russian supply fears

    Europe's benchmark Dutch TTF gas contract advanced to 318 euros per megawatt hour before paring gains. That was not far from the record high 345 euros struck in March shortly after key gas producer Russia invaded Ukraine. In stock market trade, European equities pushed higher mirroring Asian gains.
  • Macron warns ‘sacrifices’ ahead after ‘end of abundance’

    After a summer marked by drought, massive wildfires and continuing loss of life in Ukraine, the 44-year-old leader delivered a stark speech at the start of the first cabinet meeting after the country's traditional August holiday break. Macron said that he believed that they are in the process of living...
  • France’s President to visit Algeria to ease tensed relations

    The French presidency said that this trip will contribute to deepening the bilateral relationship, reinforce Franco-Algerian cooperation in the face of regional challenges and to continue the work of addressing the past.
  • European nations call closure of Palestinian NGOs ‘not acceptable’

    Terming the Israeli closure of seven Palestinian NGOs in the West Bank as not acceptable, the foreign ministries of nine European countries have said they are deeply concerned by a 'worrying reduction' of space for civil society in the territory.
  • Putin, Macron call for IAEA inspection of Ukraine nuclear plant

    Russian President Vladimir Putin and his French counterpart Emmanuel Macron called for independent inspections at the Moscow-occupied Zaporizhzhia nuclear plant, the Kremlin said Friday. Putin said "the systematic shelling by the Ukrainian military of the territory of the Zaporizhzhia nuclear power plant creates the danger of a large-scale catastrophe that...
  • Spain PM hopes Europe gas pipeline will soon be ready

    Spanish Prime Minister Pedro Sanchez said Tuesday he hopes a gas pipeline linking the Iberian Peninsula to central Europe through France could soon become a reality. Europe is currently undergoing an energy crisis as it struggles to rapidly reduce its dependence on Russian gas following the invasion of Ukraine.
  • French business ties build on Saudi mega projects

    Recent strategic Saudi-French partnership deal becomes crucial as Paris, with its expertise in key sectors, may help the Kingdom in achieving the goals set under Vision 2030.
  • France warns companies might have to cut energy use this winter

    The French government warned Wednesday that companies might have to reduce energy use this winter even with the country's natural gas reserves at full capacity, as Russia continues to reduce its gas exports to Europe. "The main players, government agencies and businesses, must reduce their consumption" of gas as well...
  • Saudi handshake fuels hope for energy-hit Europe

    Mohammed bin Salman's recent Europe visit after US President Joe Biden’s trip to Jeddah suggests that KSA wants to diversify its partners amidst global uncertainties, say experts.
  • Saudi prince stays in ‘world’s most expensive home’

    The Chateau Louis XIV in Louveciennes outside Paris is a new-build mansion, which was bought by Mohammed bin Salman in 2015.
  • Deals in focus as Saudi crown prince visits Europe

    Mohammed bin Salman, who is visiting Greece and France, will meet the leaders of both countries 'to discuss bilateral relations and ways to enhance them in various fields'.
  • Will not be rushed into quick nuclear deal, says Iran

    Iran said Monday it will not be rushed into a "quick" deal reviving its faltering 2015 nuclear accord with world powers, as negotiations remain deadlocked. "They demand that Iran makes a quick decision, (insisting that) time is limited and Iran must respond quickly," foreign ministry spokesman Nasser Kanani said at...
  • Crises make GCC, Western countries more pragmatic

    An increasing number of strategic agreements are being signed with the regional players as Europe, US seek to diversify sources of energy supply, says an expert at IRIS
  • ‘Bilateral ties strengthened with UAE President’s France visit’

    The French Ambassador to the UAE, Xavier Chatel, described the first official visit to France of UAE President Sheikh Mohamed bin Zayed Al Nahyan as successful and important in all domains.
  • French oil, shipping firms reduce prices under government pressure

    French oil group TotalEnergies and shipping giant CMA CGM announced price cuts on Friday as demanded by the government amid growing calls for windfall taxes on their profits
  • France and UAE explore ways to enhance cultural cooperation

    Noura bint Mohammed Al Kaabi, UAE’s Minister of Culture and Youth, discussed cultural cooperation with Rima Abdul Malak, Minister of Culture of France on Wednesday. The meeting between the two was held at the ministry’s headquarters in Paris on the sidelines of UAE’s President Sheikh Mohammed bin Zayed Al Nahyan...
  • UAE, France commit to expand collaboration across all fields

    In a joint statement, French President Emmanuel Macron and UAE President Sheikh Mohamed bin Zayed Al Nahyan who visited France on July 18 and 19 expressed deep concern regarding war in Ukraine, its terrible impact on civilians, the humanitarian situation, and its effects on commodity markets worldwide.
  • 59% more French tourists visited UAE in 2021

    In 2021, the number of French tourists visiting the UAE rose to 311,570, an increase of 59 percent, compared to 2020.
  • UAE, France sign several deals, MoUs in key sectors

    A deal between French energy giant Total Energies and UAE's ADNOC remain the prime focus even as the two countries sign about a dozen bilateral agreements and MoUs.
  • UAE-France non-oil trade from 2012-2021 up 8 percent

    The non-oil trade between the UAE and France increased by 8 percent from 2012 to 2021, from AED23.2 billion ($6.3 billion) in 2012 to over AED25.2 billion in 2021, according to data from Federal Competitiveness and Statistics Centre, which showed a growth of 28 percent in trade exchange over the...
  • UAE, France discuss diesel supply to Europe

    Sheikh Mohamed's visit is expected to conclude with 'the announcement of guarantees given by the UAE on quantities of hydrocarbon supplies to France,' says Macron's office.
  • More deals in sight as UAE-France ties strengthen

    The past years witnessed the signing of dozens of agreements and memoranda of understanding between the two countries in various economic, cultural, military and environmental fields, the latest of which was 13 agreements signed during the visit of the French President to the UAE last December.
  • Morocco sex abuse case against French tycoon deepens

    Morocco has detained a seventh suspect in a sexual abuse and trafficking case against French insurance tycoon Jacques Bouthier, while a seventh woman has lodged a case against him, lawyers said Saturday.
  • France demands release of three arrested Iranian filmmakers

    France has expressed deep concern at the "arbitrary" arrests of three Iranian filmmakers, including international prize-winners Jafar Panahi and Mohammad Rasoulof. Panahi and Rasoulof were "arbitrarily arrested" earlier this month along with Mostafa Aleahmad, the French foreign ministry said.
  • France to proceed with second phase of digital euro experiment : Central Bank

    France's central bank said Tuesday it will push ahead with the second phase of its experiment with a digital euro with the aim of rolling out the cryptocurrency next year. Last year, the Banque de France successfully completed the first stage of its experiment with a central bank digital currency. "We'd...
  • France, Qatar to strengthen strategic partnership

    "Political, economic, and energy supplies" were the main topics of our discussions, said the Qatari Foreign Minister.
  • $5.76bn French factory on cards

    STMicroelectronics and GlobalFoundries to invest in semiconductor unit.
  • Efforts to save Algiers’ historic Casbah speed up

    A UNESCO-listed rabbit warren of 16th-century battlements and Ottoman palaces, the Casbah has been the site of key moments in Algeria's history.
  • Israel PM to seek French intervention in gas row with Lebanon

    Israeli Prime Minister Yair Lapid makes his first foreign trip as premier on Tuesday to Paris, where he will ask President Emmanuel Macron to intervene in a gas dispute with Lebanon.
  • Algeria marks 60 years of independence from France

    The North African country won its independence following a gruelling eight-year war, which ended with the signing in March 1962 of the Evian Accords.
  • France looks to invest in Saudi energy, technology sectors

    France is looking to invest in energy, technology, water and industrial services sectors in Saudi Arabia, according to the French ambassador to the kingdom. Ludovic Pouille said at a press conference that the kingdom is an attractive region with a suitable environment for investments in all its vital sectors. The...
  • Biden visit a shot in the arm for Saudi crown prince

    As Saudi Arabia's Crown Prince Mohammed bin Salman prepares to mark five years as de facto leader, he is finally arriving on the world stage, getting a boost of sorts with the arrival of US President Joe Biden next month. Biden's trip - after Russia's invasion of Ukraine sent oil...
  • Meta to launch ‘metaverse academy’ in France

    The school's goal in its first year will be to train for free around 100 students in two roles, specialist immersive technology developers and support and assistance technicians.
  • Western powers call on Iran to cooperate with IAEA

    The US, Britain, France and Germany on Wednesday urged Iran "to fulfill its legal obligations, and cooperate with the IAEA", after the International Atomic Energy Agency adopted a resolution formally criticizing Tehran.