French President Emmanuel Macron has pledged to be a leader for all of France after beating his far-right nationalist rival Marine Le Pen but he faces an uphill task to reunite the country.
The day after Sunday night's victory, as congratulations poured in from world leaders, Mr Macron's opponents wasted no time in gearing up for the centrist president's next test at the ballot box.
His opponents urged voters to deny him a majority in the parliamentary elections on June 12 and June 19.
If Mr Macron, 44, fails to score another victory, the pro-European president will struggle to advance his pro-business agenda, including unpopular proposals to raise the retirement age.
Mr Macron's win against Marine Le Pen on Sunday by a comfortable margin averted what would have been a political earthquake.
He became the first incumbent in 20 years to win a second term since Jacques Chirac beat Ms Le Pen’s father Jean-Marie in 2002.
There were cheers as the poll results appeared on a giant screen at the Champ de Mars at the foot of the Eiffel Tower, where supporters of Mr Macron waved French and European Union flags.
People hugged each other and chanted “Macron".
He won with 58.5 per cent of the vote to Ms Le Pen’s 41.5 per cent — significantly closer than when they faced off in 2017.
Jordan Bardella, a close ally of Ms Le Pen, insisted the battle at the ballot box was far from finished despite the National Rally party losing in the presidential election.
"Voting isn't over, the legislative elections are the third round," he told voters. "Don't put all the power in Emmanuel Macron's hands."
The hard left's Jean-Luc Melenchon, who came third – slightly behind Ms Le Pen – in the first round of the election on April 10, said Mr Macron had been elected "by default".
After his victory on Sunday evening, the president said a simple “thank you” and praised those who gave him five more years to lead the country with Europe’s second-largest economy.
He thanked people who voted for him not because they embrace his ideas but because they rejected his chief rival.
The president vowed to reunite France’s divided society. “From now on, I am not the candidate of one camp, but everybody's president," he said.
“Many of our fellow citizens voted for me not because of the ideas I represent, but to block those of the extreme right."
About 16 million eligible voters abstained from casting a ballot in the second round of the presidential election on Sunday, while two million others submitted blank votes.
A gathering of Ms Le Pen's supporters erupted in boos and whistles at a reception hall on the outskirts of Paris.
Ms Le Pen, 53, admitted defeat but promised to keep up the fight, with the June parliamentary elections in mind.
“I will never abandon the French,” she told supporters, who chanted “Marine, Marine.”
French daily newspaper Le Monde called the incumbent's win “an evening of victory without a triumph", while left-leaning Liberation called it “a victory without the glory".
Conservative daily Le Figaro said after all the challenges of his first term, Mr Macron's win was “no mean feat”, but asked: “Who can possibly believe that it is rooted in popular support?”
Hundreds of people took part in protests in cities across France after the results were announced.
Riot police fired tear gas to disperse crowds in the Place de La Republique in Paris, while there were demonstrations in Marseille, Lyon and Rennes.
Two people were shot dead and a third was injured when police opened fire on a vehicle in central Paris on Sunday evening after the driver tried to run officers over, local media reported.
“A car was parked in the wrong direction along the Vert-Galant square on the Pont Neuf, the police approached to control the individuals present in the vehicle by pointing automatic weapons at him," a witness told Le Figaro.
“The driver rushed off towards the police at full speed. The police fired immediately.”
Among the challenges ahead for Mr Macron will be his efforts to press on with pro-business reforms.
Health Minister Olivier Veran said the government was not oblivious to the divisions in France, given the 17 million people who voted for the National Rally party.
“We will not spoil the victory … but National Rally has its highest score ever,” Mr Veran told BFM TV.
“There will be continuity in government policy because the president has been re-elected. But we have also heard the French people's message.”
World leaders congratulated Mr Macron on his victory.
“Congratulations to Emmanuel Macron on his re-election,” US President Joe Biden wrote on Twitter. “France is our oldest ally and a key partner in addressing global challenges. I look forward to our continued close co-operation — including on supporting Ukraine, defending democracy, and countering climate change.”
Britain's Prime Minister Boris Johnson also offered his congratulations on Twitter, posting messages in English and in French.
“Congratulations to Emmanuel Macron on your re-election as President of France,” Mr Johnson said. “France is one of our closest and most important allies. I look forward to continuing to work together on the issues which matter most to our two countries and to the world.”
Chinese President Xi Jinping saluted Mr Macron on his victory and expressed his desire to continue to work with the French leader.
There were messages from Canadian Prime Minister Justin Trudeau, German Chancellor Olaf Scholz, Dutch Prime Minister Mark Rutte, European Council President Charles Michel, and European Commission President Ursula von der Leyen.
Mr Rutte expressed his hope to “continue our extensive and constructive co-operation in the EU and Nato".
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, also tweeted his best wishes to Mr Macron.
“Congratulations to my friend Emmanuel Macron on his re-election as President of France and sincere wishes from the UAE to the French people for continued progress & prosperity. We look forward to enhancing our longstanding strategic partnership and exploring new areas of collaboration,” Sheikh Mohamed said.
Ukrainian President Volodymyr Zelenskyy called Mr Macron “a true friend of Ukraine” on Sunday and expressed appreciation for his support.
Tweeting in French, Mr Zelenskyy said: “I’m convinced that we will advance together towards new joint victories. Towards a strong and united Europe.”
Russian President Vladimir Putin also sent good wishes to the French president, the Kremlin said on Monday, amid disagreements between the leaders over the Ukraine war.
“I sincerely wish you success in your state activities, as well as good health and well-being,” Mr Putin said in a telegram to Mr Macron, according to a statement from the Kremlin.
Mr Macron was one of the few western leaders to contact Mr Putin when Russia sent troops into Ukraine in February, spending hours on telephone calls trying to negotiate a resolution.
But while keeping its diplomatic channels to Moscow open, France under Mr Macron has joined in the sanctions against Russia that followed its military operation.
The first major challenge for Mr Macron will be the parliamentary elections in June.
Patricia Chagnon, a councillor in Ms Le Pen’s National Rally party, said the result of Sunday's vote showed there was “a new division in French society”.
“We definitely have on the one hand Mr Macron, his globalist view of the world who was voted in by urban people … and we see that Marine Le Pen has consolidated her votes in rural France and among the young generation,” Ms Chagnon said on Sky News.
Opposition parties on the left and right will start a push to try to vote in a parliament and government opposed to Mr Macron.
Philippe Lagrue, 63, technical director at a theatre in Paris, said he had voted for Mr Macron after opting for the leftist Jean-Luc Melenchon in the first round.
Mr Lagrue said he would vote for Mr Melenchon again in June. “Melenchon Prime Minister. That would be fun. Macron would be upset, but that's the point.”
Polls from Ifop, Elabe, OpinionWay and Ipsos had projected a win of between 57.6 and 58.2 per cent for Mr Macron.
His victory was immediately hailed by allies as a reprieve for mainstream politics that has been rocked in recent years by Britain's exit from the bloc, the 2016 election of Donald Trump in the US and the rise of a new generation of nationalist leaders.
Mr Macron is one of only three French presidents to win a second term but his margin of victory underlines how many French citizens remain unimpressed with him and his domestic record.
Against a backdrop of Russia's invasion of Ukraine and the ensuing western sanctions that have led to a surge in fuel prices, Ms Le Pen's campaign homed in on the rising cost of living as Mr Macron's weak point.
She promised sharp cuts to the fuel tax, no sales tax on essential items from pasta to nappies, income exemptions for young workers and a “French first” stance on jobs and welfare.
Mr Macron said Ms Le Pen's admiration for Russian President Vladimir Putin showed she could not be trusted on the world stage and he claimed she still harboured ambitions to pull France out of the EU, which she denied.
In the latter part of the campaign, as he sought the backing of left-leaning voters, Mr Macron played down a promise to make the French work for longer, saying he was open to discussion on plans to raise the retirement age from 62 to 65.
In the end, as viewer surveys after last week's fractious televised debate between the two testified, Ms Le Pen's policies, which included a proposal to ban people from wearing Muslim headscarves in public, were too extreme for much of the electorate.
And former merchant banker Mr Macron's decision to run for the presidency in 2017 and set up a grass roots movement upended old certainties about French politics, something that may be repeated in June's parliamentary elections.
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
MATCH INFO
Qalandars 112-4 (10 ovs)
Banton 53 no
Northern Warriors 46 all out (9 ovs)
Kumara 3-10, Garton 3-10, Jordan 2-2, Prasanna 2-7
Qalandars win by six wickets
More from Rashmee Roshan Lall
APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
Fifa Club World Cup quarter-final
Esperance de Tunis 0
Al Ain 3 (Ahmed 02’, El Shahat 17’, Al Ahbabi 60’)
if you go
The flights
Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.
The hotel
Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.
The tour
Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg
UAE SQUAD
Goalkeepers: Ali Khaseif, Fahad Al Dhanhani, Mohammed Al Shamsi, Adel Al Hosani
Defenders: Bandar Al Ahbabi, Shaheen Abdulrahman, Walid Abbas, Mahmoud Khamis, Mohammed Barghash, Khalifa Al Hammadi, Hassan Al Mahrami, Yousef Jaber, Salem Rashid, Mohammed Al Attas, Alhassan Saleh
Midfielders: Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Majed Hassan, Yahya Nader, Ahmed Barman, Abdullah Hamad, Khalfan Mubarak, Khalil Al Hammadi, Tahnoun Al Zaabi, Harib Abdallah, Mohammed Jumah, Yahya Al Ghassani
Forwards: Fabio De Lima, Caio Canedo, Ali Saleh, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
The Brutalist
Director: Brady Corbet
Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn
Rating: 3.5/5
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Company profile
Name: Tratok Portal
Founded: 2017
Based: UAE
Sector: Travel & tourism
Size: 36 employees
Funding: Privately funded
Hydrogen: Market potential
Hydrogen has an estimated $11 trillion market potential, according to Bank of America Securities and is expected to generate $2.5tn in direct revenues and $11tn of indirect infrastructure by 2050 as its production increases six-fold.
"We believe we are reaching the point of harnessing the element that comprises 90 per cent of the universe, effectively and economically,” the bank said in a recent report.
Falling costs of renewable energy and electrolysers used in green hydrogen production is one of the main catalysts for the increasingly bullish sentiment over the element.
The cost of electrolysers used in green hydrogen production has halved over the last five years and will fall to 60 to 90 per cent by the end of the decade, acceding to Haim Israel, equity strategist at Merrill Lynch. A global focus on decarbonisation and sustainability is also a big driver in its development.
Winners
Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)
Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)
Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)
Best Young Women’s Player
Vicky López (Barcelona / Spain)
Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)
Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)
Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)
Women’s Coach of the Year
Sarina Wiegman (England)
SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
RIVER%20SPIRIT
%3Cp%3E%3Cstrong%3EAuthor%3A%20%3C%2Fstrong%3ELeila%20Aboulela%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Saqi%20Books%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPages%3A%3C%2Fstrong%3E%20320%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAvailable%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
New schools in Dubai
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
What%20is%20Dungeons%20%26%20Dragons%3F%20
%3Cp%3EDungeons%20%26amp%3B%20Dragons%20began%20as%20an%20interactive%20game%20which%20would%20be%20set%20up%20on%20a%20table%20in%201974.%20One%20player%20takes%20on%20the%20role%20of%20dungeon%20master%2C%20who%20directs%20the%20game%2C%20while%20the%20other%20players%20each%20portray%20a%20character%2C%20determining%20its%20species%2C%20occupation%20and%20moral%20and%20ethical%20outlook.%20They%20can%20choose%20the%20character%E2%80%99s%20abilities%2C%20such%20as%20strength%2C%20constitution%2C%20dexterity%2C%20intelligence%2C%20wisdom%20and%20charisma.%20In%20layman%E2%80%99s%20terms%2C%20the%20winner%20is%20the%20one%20who%20amasses%20the%20highest%20score.%3C%2Fp%3E%0A
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
MATCH INFO
Asian Champions League, last 16, first leg:
Al Jazira 3 Persepolis 2
Second leg:
Monday, Azizi Stadium, Tehran. Kick off 7pm
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.5-litre%204-cylinder%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20101hp%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20135Nm%3Cbr%3E%3Cstrong%3ETransmission%3C%2Fstrong%3E%3A%20Six-speed%20auto%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh79%2C900%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
MATCH INFO
Uefa Champions League semi-final, first leg
Tottenham v Ajax, Tuesday, 11pm (UAE).
Second leg
Ajax v Tottenham, Wednesday, May 8, 11pm
Games on BeIN Sports
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
The biog
Place of birth: Kalba
Family: Mother of eight children and has 10 grandchildren
Favourite traditional dish: Al Harees, a slow cooked porridge-like dish made from boiled cracked or coarsely ground wheat mixed with meat or chicken
Favourite book: My early life by Sheikh Dr Sultan bin Muhammad Al Qasimi, the Ruler of Sharjah
Favourite quote: By Sheikh Zayed, the UAE's Founding Father, “Those who have no past will have no present or future.”
ULTRA PROCESSED FOODS
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;
- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,
- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.
'Panga'
Directed by Ashwiny Iyer Tiwari
Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta
Rating: 3.5/5