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.
  • ‘Greenhouse gas emissions from agriculture likely to rise by 7.5% in next decade’

    PARIS, FRANCE - Greenhouse gas emissions from agriculture are expected to increase by 7.5 percent in the next decade, said a report by the Food and Agriculture Organization (FAO) and the Organization for Economic Co-operation and Development (OECD). The projected greenhouse gas emissions are just less than half the projected...
  • Lebanon central bank officials to quit if no governor nominated

    BEIRUT, LEBANON - The vice-governors of Lebanon's central bank plan to resign unless politicians swiftly name an incoming governor, two senior officials at the crisis-hit country's top financial body told AFP on Thursday. The term of embattled three-decade chief Riad Salameh ends this month with no successor in sight, setting the...
  • World saw hottest June on record, Tuesday hottest day ever

    Petteri Taalas, secretary-general of the UN's World Meteorological Organization, warned on Monday that El Nino "will greatly increase the likelihood of breaking temperature records and triggering more extreme heat in many parts of the world and in the ocean."
  • Twitter undergoes complex changes as Meta all set to unveil rival app

    PARIS, FRANCE- Elon Musk spent the weekend further alienating Twitter users with more drastic changes to the social media giant, and he is facing a new challenge as tech nemesis Mark Zuckerberg prepares to launch a rival app this week. Zuckerberg's Meta group, which owns Facebook, has listed a new app...
  • Twitter restricts ‘TweetDeck’ to verified users from August

    Paris, France - Twitter has announced that TweetDeck, a popular program that allows users to monitor several accounts at once, will be available only to "verified" users from next month. The social media firm, bought by billionaire Elon Musk last year, has been thrashing around for ways to make a profit,...
  • France seeks answers as Macron declares riots ‘peak’ passed

    At a meeting of more than 300 mayors, whose municipalities suffered damages, Macron said, "Is it a permanent return to calm? I will be cautious, but the peak that we've seen in previous days has passed." "We all want a lasting, republican order," he said.
  • Hundreds more arrested in fifth night of French rioting

    Protesters, mostly minors, have torched cars, damaged infrastructure and clashed with police in an outpouring of rage since an officer shot Nahel M. point blank as he attempted to flee a traffic stop on Tuesday. The killing was captured on video, which spread on social media and fueled anger over...
  • Iran exhorts France ‘to end violent treatment’ of protesters

    France has been rocked by a major wave of violent street protests sparked by the fatal police shooting of a 17-year-old of Algerian origin, identified only as Nahel M., in the Paris suburb of Nanterre on Tuesday. The government has deployed tens of thousands of security forces and made hundreds...
  • Macron adjourns Germany visit over riots in France

    President Emmanuel Macron informed Berlin he was postponing a state visit to deal with the urban rioting that has rocked France for the last four nights, as the 17-year-old whose killing by police sparked the protests was laid to rest. Police arrested 1,311 people overnight, the highest figure since the...
  • Violence and looting rage in France after police shot teenager

    Nanterre, France--Sporadic violence and looting hit several cities across France in a fourth night of protests after the fatal police shooting of a teenager, but it was much less intense than previously, authorities said early Saturday. France deployed 45,000 officers backed by light armored vehicles, while crack police units and other...
  • France charges Lebanon central bank chief’s ex-assistant in graft probe

    A former assistant of Riad Salameh, the governor of Lebanon's central bank, has been charged with money laundering by France. Last year, France, Germany and Luxembourg seized assets worth $130mn in a move linked to a probe into Salameh's wealth. He is accused of having amassed a fortune during his...
  • France, UAE share vision to shift towards clean energy

    PARIS, FRANCE - French Minister of Foreign Trade Olivier Becht said his country and the UAE share a common vision of accelerating the shift to green energy to tackle the growing threats posed by climate change. The two countries are working together on low-carbon energy solutions, he said,  expressing his...
  • French president announces measures to quell riots

    French President Emmanuel Macron announced measures including more police and urged parents to keep minors off the streets as he battled to contain nightly riots over a teenager's fatal shooting by an officer. There had been "unacceptable exploitation of a death of an adolescent" in some quarters to justify the...
  • EU presses Tunisia in bid to stem Med migrant flow

    In early June, European Union countries reached agreement on a long-stalled revision of the bloc's asylum rules. It aims to share the burden of hosting asylum seekers across EU countries, with those refusing to do so having to pay money to the ones that do. Poland and Hungary, which were...
  • UNESCO-Sharjah Prize for Arab Culture honors winners in Paris

    Paris, France-- The19th UNESCO-Sharjah Prize for Arab Culture was awarded to Kassem Istanbouli, Lebanese actor-director, and Hajer Ben Boubaker, French researcher and sound director, at UNESCO Headquarters in Paris on June 26, 2023. The event, organized by the Sharjah Department of Culture in collaboration with UNESCO, celebrated the achievements of...
  • Kuwait, France discuss bilateral ties, cooperation on regional, global issues

    Paris, France - Kuwait and France discuss bilateral relationship and cooperation on regional and global issues of shared interests on Tuesday.  The discussions took place during the meetings between the visiting Kuwaiti Minister of Foreign Affairs, Sheikh Salem Abdullah Al-Jaber Al-Sabah, and the French Minister for Europe and Foreign Affairs Catherine...
  • Over 6,500 arrests after cracking crime chat network, says Europol

    PARIS, FRANCE -  More than 6,500 people have been arrested following the 2020 dismantling of EncroChat, an encrypted communications tool used by organized crime, Europol said on Tuesday. Close to 200 of the arrests were of "high-value targets", said the organization that assists EU members in international investigations, adding that nearly...
  • New regulations aim to restrict greenwashing practices

    PARIS, FRANCE- Common standards unveiled on Monday for companies to report their greenhouse gas emissions could curb misleading climate claims in the corporate world, the chair of the body that wrote the norms told AFP. Currently, most large companies report how many tons of carbon they emit into the atmosphere each...
  • Aramco, TotalEnergies to construct petrochemical unit in Saudi Arabia

    Saudi Aramco and France's TotalEnergies signed contracts to start building an $11-billion petrochemicals facility in the Gulf kingdom, the two companies said. A signing ceremony for the engineering, procurement and construction contracts for the Amiral complex took place at Aramco's headquarters in Dhahran, in Saudi Arabia's Eastern Province.
  • French envoy meets key Lebanese players on ‘consultative’ mission

    Mired in a crippling economic crisis since 2019, Lebanon has been governed by a caretaker cabinet for more than a year and without a president for almost eight months. No group has a clear majority in parliament and lawmakers have failed 12 times to elect a new president.
  • Global summit seeks to overhaul climate finance, eyes bigger progress

    The summit comes amid growing recognition of the scale of the financial challenges ahead, with warnings that the world's ability to curb global warming at tolerable levels is reliant on a massive increase in clean energy investment in developing countries. "The current financial architecture is unfair, it's punitive, it doesn't...
  • Airlines face trouble in Europe over greenwashing charges

    PARIS, FRANCE - European airlines have been hit by a consumer complaint filed with the EU's executive arm accusing the 17 companies of greenwashing, the practice of making misleading climate-related claims. The European Consumer Organization, or BEUC, said Thursday the claims made by the airlines breach EU rules on unfair commercial...
  • French advanced ship to search for missing submersible

    The Atalante has begun using its multibeam echo sounder to create a map of the nearby seabed to "allow Victor 6000 to have a more efficient dive," an IFREMER spokesperson told AFP.
  • UAE and France to deepen partnership in several sectors

    Dubai, UAE-- The UAE and France have reiterated their commitment to widening cooperation in important fields and sectors. The resolve was renewed at the 15th session of the UAE-France Strategic Dialogue held in Paris. The two countries discussed the status of the strategic bilateral investment partnerships, which were signed in...
  • French envoy to hold talks with Lebanese leaders to end divisions

    Amid continuous divisions plaguing the country, France's new envoy for Lebanon, Jean-Yves Le Drian, landed in Beirut to hold talks with its leaders. The envoy's three-day visit comes a week after Lebanese lawmakers failed for a 12th time to elect a new president, drawing condemnation from the international community.
  • New generation of Moroccan filmmakers basks in Cannes glory

    Seeking to support and promote its national cinema, Morocco has spent 60 about $60m annually on productions since 2012. Moroccan cinema gained steam in the 1970s and '80s, with the emergence of powerful filmmakers such as Mustapha Derkaoui and Ahmed Bouanani.
  • Boeing, Airbus notch up big orders

    At list prices, the Airbus deal is worth $3.3bn and Boeing's $1bn.
  • Exiled Iranian opposition outraged after Paris police block proposed rally

    PARIS, FRANCE -  A major exiled Iranian opposition group on Tuesday expressed fury after Paris police refused to grant permission for a major rally next month, on the grounds it risked creating tensions and being the target of an attack. The National Council of Resistance of Iran (NCRI), a coalition that...
  • France to provide Tunisia with financial aid to curb migrant flows

    The financial assistance would allow Tunisia to "acquire the necessary equipment and organize useful training, in particular for Tunisian police and border guards", French Interior Minister Gerald Darmanin said. He defended the "European approach to the migration challenge" and said that alongside African authorities, they would "fight against the networks...
  • Saudi-French Investment Forum signs $2.9 billion worth of agreements

    The Saudi-French Investment Forum witnessed the signing of 24 MoUs and investment agreements, collectively valued at approximately $2.9 billion. The forum has assembled key players from both nations, fostering enhanced bilateral relations and providing opportunities for increased investment and collaboration.
  • India’s IndiGo places record order for 500 Airbus A320

    Indian carrier IndiGo said it had ordered a 500 A320 airliners from European manufacturer Airbus at the Paris Air Show. With a list price of $55 billion- the actual sale prices are usually lower- the deal is the largest ever civil aviation order and a "historic" step for both firms,...
  • Macron special envoy heads to Lebanon in bid to end crisis

    Paris, France -- President Emmanuel Macron's new special envoy for Lebanon heads to Beirut in the coming week as France seeks a new push to end a political crisis that has left the country without a president for over half a year, a diplomatic source said Sunday. Former foreign minister Jean-Yves...
  • Ukraine, Lebanon top agenda as Saudi crown prince meets French president

    Saudi Arabia has maintained a cautious stance throughout the invasion of Ukraine by Russia, stopping short of condemning the assault while emphasizing the importance of Ukraine's territorial integrity. MBS hosted President Volodymyr Zelensky last month in Jeddah during an Arab League summit, the Ukrainian leader's first visit to the Middle...
  • Musk heads to France to discuss investment with Macron

    After talking to Macron, Musk will appear before an audience of thousands at VivaTech for what is billed as an hour-long "conversation" with the event's French founder Maurice Levy. Musk is likely to face questions at VivaTech about his many other business interests -- particularly his acquisition of social media...
  • Lebanon lawmakers fail to elect president at 12th attempt

    The vote for the presidency, reserved for a Maronite Christian under Lebanon's delicate sectarian power-sharing system, pitted the Hezbollah-backed Sleiman Frangieh against financial official Jihad Azour, who has mainly been endorsed by Christian and independent legislators. But neither had the requisite support, with Azour garnering 59 votes and Frangieh 51...
  • Saudi Crown Prince set to meet Macron in France

    Mohammed bin Salman has left for a state visit to France where he will meet President Emmanuel Macron, a statement said on Wednesday. On Monday, Saudi Crown Prince will attend an official Saudi reception for Riyadh's candidacy to host Expo 2030. The trip underlines close French ties with the resource-rich...
  • Iranian nuke expert, EU officials review Tehran’s atomic program

    A landmark deal in 2015, formally known as the Joint Comprehensive Plan of Action (JCPOA), gave Iran sanctions relief in exchange for curbs on its nuclear program to guarantee that Tehran could not develop a nuclear weapon -- something it has always denied wanting to do.
  • Global nuclear investments increase as tensions rise, say reports

    GENEVA, SWITZERLAND - The world's nuclear powers, and China in particular, increased investment in their arsenals for a third consecutive year in 2022 amid swelling geopolitical tensions, two reports showed Monday. The world's nine nuclear-armed states jointly spent $82.9 billion on their arsenals last year, with the United States accounting for...
  • Iran’s Raisi, France’s Macron discuss ways to promote ties

    Iran's President Ebrahim Raisi and his French counterpart Emmanuel Macron in a lengthy phone call discussed ways to promote ties, state media reported. "The two sides discussed how to promote relations especially about ongoing negotiations and regional developments," IRNA state news agency quoted Raisi's deputy chief of staff Mohammad Jamshidi...
  • 45 governments endorse doubling energy efficiency by 2030

    PARIS, FRANCE -  Forty-five governments have endorsed doubling the average global rate of energy efficiency improvements by the end of the decade to foster sustainable economic growth. This will help put the world on a secure and affordable path towards net zero emissions. "It’s hard to overstate the importance of...
  • Swiss group to enquire about Lebanon’s central bank chief in Beirut

    The delegation will meet a local judge and might seek to question individuals over the wealth of Salameh and his entourage as other European countries have done, the official added.
  • Only one of its kind wooden Citroen 2CV sells for $225,000

    Carpenter Michel Robillard crafted the wooden 2CV's wings out of walnut and its chassis from pear and apple tree wood, with the same famous curves as the post-war French classic.
  • Renewable power capacity to rapidly expand, IEA report reveals

    PARIS, FRANCE - Renewable power capacity is expected to jump by a third this year globally as growing policy momentum, higher fossil fuel prices and energy security concerns drive expansion of solar and wind power, the International Energy Agency (IEA) said. The growth is set to continue next year with...
  • IEA says renewable energy capacity to increase at record level in 2023

    PARIS, FRANCE -  Renewable power capacity will grow by a record number this year as high fossil fuel prices and energy security concerns fueled the deployment of solar and wind systems, the International Energy Agency said on Thursday. Global additions of renewable energy capacity are expected to rise by 107 gigawatts...
  • Assad must face trial for chemical use: French foreign minister

    Colonna nevertheless said Paris would not be changing its policy towards the Syrian ruler. "We have to remember who Bashar al-Assad is. He's a leader who has been the enemy of his own people for more than 10 years," she said. A lifting of European Union sanctions on the Syrian...
  • Gross sovereign borrowing requirements will jump to $12.9 trn in 2023: OECD

    Paris, France – Sovereign borrowing needs are expected to increase in 2023 against the backdrop of the financial and economic spillovers of the crisis in Ukraine, as many countries forming a part of the Organization for Economic Cooperation and Development (OECD) seek to cushion households and businesses from rising prices,...
  • Interpol red notice issued for Lebanon central bank chief

    Lebanon has received an Interpol red notice requesting the arrest of central bank governor Riad Salameh after a French magistrate issued a warrant this week, a judicial official said. Salameh, 72, has been the target of a series of judicial investigations both at home and abroad on allegations including fraud,...
  • Iran hangs three in connection with Amini protests

    Iran executed three men convicted of killing security force members during protests triggered by Mahsa Amini's death last year, the judiciary said, drawing condemnation from rights groups. Majid Kazemi, Saleh Mirhashemi and Saeed Yaghoubi were found guilty of waging "war against God" - at a demonstration in Isfahan on November...
  • France issues arrest warrant for Lebanese central bank chief

    A French investigating magistrate issued an international arrest warrant for Lebanon's central bank chief Riad Salameh, a source close to the case said. Salameh earlier failed to appear for questioning by French investigators who want to know how he amassed sizeable assets across Europe, his lawyer said.
  • Russian oil exports hit post-invasion high, says IEA

    PARIS, FRANCE -  Russia's oil exports rose in April to the highest level since its invasion of Ukraine, boosting revenues by US$1.7 billion despite Western sanctions, the International Energy Agency said on Tuesday. The Paris-based organization said Russian exports increased by 50,000 barrels per day to 8.3 million bpd last month, estimating...