French presidential elections: Emmanuel Macron inaugurated for second five-year term


  • English
  • Arabic

Emmanuel Macron was inaugurated for a second term on Saturday after his triumph in the French presidential elections.

He promised first to take action to avoid any further escalation of Russia’s war in Ukraine before going on to focus on promoting France and Europe on the world stage.

Mr Macron was re-elected for five years on April 24 in a run-off in which he beat far-right rival Marine Le Pen. The two had emerged on top in the first round on April 10, when 10 other candidates were eliminated.

“The time ahead will be that of resolute action for France and for Europe,” Mr Macron said. He promised to “first take action to avoid any escalation following Russia’s aggression in Ukraine.”

Mr Macron vowed to act “relentlessly with a goal, which is to be a more independent nation, to live better and to build our own French and European responses to the century’s challenges.”

He also promised to find a “fair method” to govern the country and ease social tensions by making the government and parliament work together with unions, associations and other people from the political, economic, social and cultural spheres.

For a president at ease speaking for hours on end, Mr Macron’s speech was surprisingly short ― and handwritten. But afterwards, he took his time to shake hands, exchange cheek kisses and chat individually with scores of guests.

While he presided over strict lockdowns and coronavirus vaccine mandates as the pandemic swept through France, most restrictions have now been lifted and there was no sign of masks or social distancing at the inauguration.

The event seemed unusually child-friendly for French presidential ceremonies, with several dignitaries bringing their children ― and at least two in baby strollers. Mr Macron, 44, has no children of his own but has stepchildren and grandchildren, some of whom were there.

About 500 guests were invited to the ceremony. They came primarily from the world of politics, although there were some actors, health care workers and military officers. Former presidents Francois Hollande and Nicolas Sarkozy were also in attendance.

At his arrival in the reception hall of the Elysee, Mr Macron winked at his wife, Brigitte.

French former president Francois Hollande arrives at the Elysee Palace. EPA
French former president Francois Hollande arrives at the Elysee Palace. EPA

The president of the Constitutional Council read out the results of the election and Mr Macron was given the necklace of Grand Master of the Legion of Honour, France’s highest distinction, before making his speech.

He then went to the gardens of the Elysee palace and listened to 21 cannon shots being fired from the Invalides plaza to mark the event, in line with tradition.

President Macron also reviewed the military. Troops present at the ceremony included part of the crew of the Monge, the navy’s second-largest ship that is key to France’s nuclear deterrent. It was notably used for the tests of France’s nuclear-capable submarine-launched M51 missiles.

The symbol can be seen as a show of force at times when France is deeply involved in efforts to stop Russia’s war against Ukraine, including via sending lorry-mounted cannons and other heavy weapons.

Mr Macron’s second term will formally begin on May 14.

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Spare

Profile

Company name: Spare

Started: March 2018

Co-founders: Dalal Alrayes and Saurabh Shah

Based: UAE

Sector: FinTech

Investment: Own savings. Going for first round of fund-raising in March 2019

Terror attacks in Paris, November 13, 2015

- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France

VEZEETA PROFILE

Date started: 2012

Founder: Amir Barsoum

Based: Dubai, UAE

Sector: HealthTech / MedTech

Size: 300 employees

Funding: $22.6 million (as of September 2018)

Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC

UAE tour of Zimbabwe

All matches in Bulawayo
Friday, Sept 26 – UAE won by 36 runs
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I

The Birkin bag is made by Hermès. 
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Updated: May 07, 2022, 12:10 PM