Saudi Press

Saudi Arabia and the world
Sunday, Aug 31, 2025

Political Turmoil and Economic Ambitions: Macron's Coalition Efforts, MENA Startup Surge, and Global Initiatives in Integration and Innovation

Macron Seeks New Prime Minister After No-Confidence Vote and India Pushes Supreme Court Review of Antitrust Cases in E-Commerce
French President Emmanuel Macron is striving to appoint a new prime minister and form a coalition amid the political chaos following a dramatic no-confidence vote that ousted Prime Minister Michel Barnier's minority government. This upheaval, which included support from both far-right and hard-left lawmakers, stemmed from a contentious austerity budget.

Meanwhile, in the realm of commerce, India’s Competition Commission is seeking an expedited Supreme Court review of antitrust cases involving e-commerce giants Amazon and Flipkart. This move to the higher court aims to overcome delays caused by legal challenges from companies like Samsung and Vivo, affecting numerous vendors on these platforms.

Shifting our focus to the Middle East, startup funding in the MENA region has soared to $258 million, reflecting a 92% surge from October and underscoring efforts for economic diversification away from oil reliance. The UAE, leading the charge, captured significant investor interest, attracting $146 million across 11 deals.

In a related development, Saudi Arabia and Slovenia are cultivating a strong economic partnership, emphasizing cooperation in technology, tourism, and the automotive industry. This collaboration, discussed at the recent Saudi-Slovenian Business Forum, promises to enhance bilateral trade and innovation.

On the global stage, the UNDP is taking action to integrate biodiversity and climate strategies, helping 69 nations draft comprehensive plans aligning with the 2030 Sustainable Development Goals. This initiative, highlighted at COP16, aims to address ecological and climate challenges holistically.

Lastly, Saudi Arabia is embracing technological advancements with its new digital visa system, designed to boost tourism and align with Vision 2030 by facilitating quick and efficient visa processing for travelers. This innovative system, now operational at all international ports, reflects the kingdom's commitment to diversifying its economy.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Israeli Airstrike in Yemen Kills Houthi Prime Minister
After the Shock of Defeat, Iranians Yearn for Change
YouTube Altered Content by Artificial Intelligence – Without Permission
Iran Faces Escalating Water Crisis as Protests Spread
More Than Half a Million Evacuated as Typhoon Kajiki Heads for Vietnam
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Cristiano Ronaldo Makes Surprise Stop at New Hong Kong Museum
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
×