French President Emmanuel Macron attends a welcome ceremony with traditional dancers and warriors at the local Senate in Noumea last month. AFP
French President Emmanuel Macron attends a welcome ceremony with traditional dancers and warriors at the local Senate in Noumea last month. AFP
French President Emmanuel Macron attends a welcome ceremony with traditional dancers and warriors at the local Senate in Noumea last month. AFP
French President Emmanuel Macron attends a welcome ceremony with traditional dancers and warriors at the local Senate in Noumea last month. AFP


Macron's tricky balancing act in France's most far-flung outpost


  • English
  • Arabic

August 02, 2023

A 48-hour visit by French President Emmanuel Macron to the south-west Pacific archipelago of New Caledonia has highlighted rather than calmed stirrings of discontent among those who dream of bringing 170 years of colonial rule to an end.

As far as it is possible to travel from Paris and still be on French soil, this far-flung outpost of France’s historic empire is fiercely divided on its destiny. Up to half its 280,000 citizens, notably the poorer indigenous Kanaks, want the excitement and challenge of independence while the other half, including better-off islanders with roots in metropolitan France, clings to continuity and stability as a French dependency.

Successive referendums have produced votes against severing the colonial ties, but by majorities that were narrowing until a poll in December 2021 was boycotted by independence supporters. Their demands for a delay in holding the referendum because of the impact of Covid-19 on New Caledonia were rejected, rendering meaningless the subsequent near-unanimous vote, in a derisory turnout of under 44 per cent, to remain French.

At a time when France is seeking to act as a balancing power in the region as China and the US compete for influence, pressure for independence for the second-biggest French overseas territory arouses serious concern in Paris.

A French government website marvels at New Caledonia’s “picture postcard” charms, with abundant flora and fauna, glorious sandy beaches, turquoise waters and the world’s largest lagoon, a Unesco World Heritage Site. Despite this undisputed natural beauty, it is under-developed as a holiday destination, especially when compared with the Pacific islands of French Polynesia, and subsidies from France account for three times more of the GDP than either tourism or the archipelago’s traditional nickel-mining industry.

Since 1998, an agreement between Paris and the capital Noumea – the so-called Noumea Accord – has established special status assuring New Caledonians of their own as well as French nationality, and gradually handing over powers. Islanders are EU citizens and have the right to live and work in France and vote in national elections.

Voters queue as they prepare to cast their ballots for the first round of France's presidential election at a polling station in the Magenta District of Noumea last year. AFP
Voters queue as they prepare to cast their ballots for the first round of France's presidential election at a polling station in the Magenta District of Noumea last year. AFP
Macron has worked hard to present himself as a champion of post-colonial contrition

In the 2022 presidential election, the majority in favour of Mr Macron’s second term was slightly higher in New Caledonia, at 61 per cent, than he obtained overall. But independence-supporting politicians now hold distinctly cool feelings towards him.

The President has worked hard to present himself as a champion of post-colonial contrition with statesmanlike apologies for the “crime against humanity” of France’s record in, for example, Algeria. If this language heartens progressives, it inflames a growing number of French people who vote for far-right candidates like Marine Le Pen. And in common with so many French political leaders, the President, mindful of the distinct danger of Ms Le Pen succeeding him when his second and final term ends in 2027, has made gestures on immigration and security designed to appease populist opinion.

It seems disingenuous to rely on the 2021 referendum as proof that the will of the New Caledonian people is to remain French since support for independence had risen from 43 to nearly 47 per cent in the two previous votes. Mr Macron nevertheless insists that New Caledonia’s way forward must take account of all three results.

"New Caledonia is French because it has chosen to remain French," he told a rally of up to 10,000 loyalists in Noumea, acclaiming the process that saw the territory move forward from violent unrest in the 1980s as “a source of pride for us all". The President urged islanders to avoid being tempted by the sort of future that could one day see a Chinese military base established on the archipelago. “That is not called independence,” he said.

During his visit, Mr Macron summoned political leaders and stressed the need for dialogue on developing New Caledonia’s constitutional status, calling for a “profound, sincere political exchange".

But key figures from the pro-independence movement, led by the Kanak and Socialist National Liberation Front (FLNKS) coalition, refused to attend the meeting, a clear disappointment for Mr Macron, who recognises that the archipelago finds itself "in a kind of suspended state".

Moving from New Caledonia to the former Anglo-French colony of Vanuatu, the President alluded to the jockeying for position of the two superpowers. France is closely watching China’s efforts to assert itself in the South-Pacific where, last year, Beijing reached agreement on a new security pact with the Solomon Islands. In response to the Chinese push for greater authority, the US has signed its own defence deal with Papua New Guinea and reinforced its diplomatic and economic presence in the region.

Solomon Islands Prime Minister Manasseh Sogavare and Chinese Premier Li Qiang review an honour guard in Beijing last month. Reuters
Solomon Islands Prime Minister Manasseh Sogavare and Chinese Premier Li Qiang review an honour guard in Beijing last month. Reuters

Mr Macron warned that a “new imperialism” in the Indo-Pacific endangered the sovereignty of several states. If China was the obvious target of his words, it was perhaps just as well that he stopped short of saying so, given the awkward coincidence of a visit to Beijing of French Finance Minister Bruno Le Maire on a mission to drum up investment in France.

He preferred to commend France’s own approach in the region, concentrating on not only defence and sovereignty but the battle against climate change, a huge issue in Vanuatu and other low-lying Pacific islands.

“Our Indo-Pacific strategy is above all to defend through partnerships the independence and sovereignty of all states in the region that are ready to work with us," he said, again offering candid acknowledgement of a dark heritage of colonialism that was “as brutal [in Vanuatu] as that imposed elsewhere”.

A desire to counter Chinese ambitions without slavishly supporting the US explains the inclusion of Vanuatu and Papua New Guinea on the tour. After a hectic visit, complicated by the need to respond to the military coup in Niger, a French colony until 1960, he returned to Paris via a brief stop-over in Sri Lanka.

But if New Caledonia was the main focus of his tour, it was hardly an unqualified success given the FLNKS leaders’ declarations that France’s regional strategy, and its attachment to the outcome of the flawed third referendum, cannot be used to frustrate the march towards statehood.

Back in France, Mr Macron has begun his annual working holiday at the Fort de Bregancon, the Mediterranean presidential retreat. Despite a bulging in-tray of pressing issues after a torrid series of domestic crises and, now, anti-French protests in Niger, he was also left with one New Caledonian independence campaigner’s barbed question ringing in his ears: “Is he coloniser or liberator?”

MATCH INFO:

Second Test

Pakistan v Australia, Tuesday-Saturday, 10am​​ daily​​​​​ at Zayed Cricket Stadium, Abu Dhabi

Entrance is free

The Orwell Prize for Political Writing

Twelve books were longlisted for The Orwell Prize for Political Writing. The non-fiction works cover various themes from education, gender bias, and the environment to surveillance and political power. Some of the books that made it to the non-fiction longlist include: 

  • Appeasing Hitler: Chamberlain, Churchill and the Road to War by Tim Bouverie
  • Some Kids I Taught and What They Taught Me by Kate Clanchy
  • Invisible Women: Exposing Data Bias in a World Designed for Men by Caroline Criado Perez
  • Follow Me, Akhi: The Online World of British Muslims by Hussein Kesvani
  • Guest House for Young Widows: Among the Women of ISIS by Azadeh Moaveni
Zayed%20Centre%20for%20Research
%3Cp%3EThe%20Zayed%20Centre%20for%20Research%20is%20a%20partnership%20between%20Great%20Ormond%20Street%20Hospital%2C%20University%20College%20London%20and%20Great%20Ormond%20Street%20Hospital%20Children%E2%80%99s%20Charity%20and%20was%20made%20possible%20thanks%20to%20a%20generous%20%C2%A360%20million%20gift%20in%202014%20from%20Sheikha%20Fatima%20bint%20Mubarak%2C%20Chairwoman%20of%20the%20General%20Women's%20Union%2C%20President%20of%20the%20Supreme%20Council%20for%20Motherhood%20and%20Childhood%2C%20and%20Supreme%20Chairwoman%20of%20the%20Family%20Development%20Foundation.%3C%2Fp%3E%0A
MOTHER%20OF%20STRANGERS
%3Cp%3EAuthor%3A%20Suad%20Amiry%3Cbr%3EPublisher%3A%20Pantheon%3C%2Fp%3E%0A%3Cp%3EPages%3A%20304%3Cbr%3EAvailable%3A%20Now%3C%2Fp%3E%0A
The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

UAE currency: the story behind the money in your pockets
INDIA'S%20TOP%20INFLUENCERS
%3Cp%3E%3Cstrong%3EBhuvan%20Bam%3C%2Fstrong%3E%3Cbr%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.instagram.com%2Fbhuvan.bam22%2F%3Fhl%3Den%22%20target%3D%22_self%22%3EInstagram%3C%2Fa%3E%20followers%3A%2016.1%20million%3Cbr%3EBhuvan%20Bam%20is%20a%2029-year-old%20comedian%20and%20actor%20from%20Delhi%2C%20who%20started%20out%20with%20YouTube%20channel%2C%20%E2%80%9CBB%20Ki%20Vines%E2%80%9D%20in%202015%2C%20which%20propelled%20the%20social%20media%20star%20into%20the%20limelight%20and%20made%20him%20sought-after%20among%20brands.%3Cbr%3E%3Cstrong%3EKusha%20Kapila%3C%2Fstrong%3E%3Cbr%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.instagram.com%2Fkushakapila%2F%3Fhl%3Den%22%20target%3D%22_self%22%3EInstagram%3C%2Fa%3E%20followers%3A%203.1%20million%3Cbr%3EKusha%20Kapila%20is%20a%20fashion%20editor%20and%20actress%2C%20who%20has%20collaborated%20with%20brands%20including%20Google.%20She%20focuses%20on%20sharing%20light-hearted%20content%20and%20insights%20into%20her%20life%20as%20a%20rising%20celebrity.%3Cbr%3E%3Cstrong%3EDiipa%20Khosla%3C%2Fstrong%3E%3Cbr%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.instagram.com%2Fdiipakhosla%2F%3Fhl%3Den%22%20target%3D%22_self%22%3EInstagram%3C%2Fa%3E%20followers%3A%201.8%20million%3Cbr%3EDiipa%20Khosla%20started%20out%20as%20a%20social%20media%20manager%20before%20branching%20out%20to%20become%20one%20of%20India's%20biggest%20fashion%20influencers%2C%20with%20collaborations%20including%20MAC%20Cosmetics.%3Cbr%3E%3Cstrong%3EKomal%20Pandey%3Cbr%3E%3C%2Fstrong%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.instagram.com%2Fkomalpandeyofficial%2F%3Fhl%3Den%22%20target%3D%22_self%22%3EInstagram%3C%2Fa%3E%20followers%3A%201.8%20million%3Cbr%3EKomal%20Pandey%20is%20a%20fashion%20influencer%20who%20has%20partnered%20with%20more%20than%20100%20brands%2C%20including%20Olay%20and%20smartphone%20brand%20Vivo%20India.%3Cbr%3E%3Cstrong%3ENikhil%20Sharma%3C%2Fstrong%3E%3Cbr%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.instagram.com%2Fnikkkhil%2F%3Fhl%3Den%22%20target%3D%22_self%22%3EInstagram%3C%2Fa%3E%20followers%3A%201.4%20million%3Cbr%3ENikhil%20Sharma%20from%20Mumbai%20began%20his%20online%20career%20through%20vlogs%20about%20his%20motorcycle%20trips.%20He%20has%20become%20a%20lifestyle%20influencer%20and%20has%20created%20his%20own%20clothing%20line.%3Cbr%3E%3Cem%3ESource%3A%20Hireinfluence%2C%20various%3C%2Fem%3E%3Cbr%3E%3C%2Fp%3E%0A
RACE CARD

6.30pm: Handicap (Turf) US$175,000 1,000m
7.05pm: Al Bastakiya Trial Conditions (Dirt) $100,000 1,900m
7.40pm: Al Rashidiya Group 2 (T) $250,000 1,800m
8.15pm: Handicap (D) $135,000 2,000m
8.50pm: Al Fahidi Fort Group 2 (T) $250,000 1,400m
9.25pm: Handicap (T) $135,000 2,410m.

'Of Love & War'
Lynsey Addario, Penguin Press

Saudi Cup race day

Schedule in UAE time

5pm: Mohamed Yousuf Naghi Motors Cup (Turf), 5.35pm: 1351 Cup (T), 6.10pm: Longines Turf Handicap (T), 6.45pm: Obaiya Arabian Classic for Purebred Arabians (Dirt), 7.30pm: Jockey Club Handicap (D), 8.10pm: Samba Saudi Derby (D), 8.50pm: Saudia Sprint (D), 9.40pm: Saudi Cup (D)

The biog

Simon Nadim has completed 7,000 dives. 

The hardest dive in the UAE is the German U-boat 110m down off the Fujairah coast. 

As a child, he loved the documentaries of Jacques Cousteau

He also led a team that discovered the long-lost portion of the Ines oil tanker. 

If you are interested in diving, he runs the XR Hub Dive Centre in Fujairah

 

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
TOURNAMENT INFO

Fixtures
Sunday January 5 - Oman v UAE
Monday January 6 - UAE v Namibia
Wednesday January 8 - Oman v Namibia
Thursday January 9 - Oman v UAE
Saturday January 11 - UAE v Namibia
Sunday January 12 – Oman v Namibia

UAE squad
Ahmed Raza (captain), Rohan Mustafa, Mohammed Usman, CP Rizwan, Waheed Ahmed, Zawar Farid, Darius D’Silva, Karthik Meiyappan, Jonathan Figy, Vriitya Aravind, Zahoor Khan, Junaid Siddique, Basil Hameed, Chirag Suri

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

Veere di Wedding
Dir: Shashanka Ghosh
Starring: Kareena Kapoo-Khan, Sonam Kapoor, Swara Bhaskar and Shikha Talsania ​​​​​​​
Verdict: 4 Stars

Updated: August 02, 2023, 2:00 PM