Samsung Electronics on Wednesday unveiled two foldable smartphones as it continues to bet on devices with bending screens, a budding market that has yet to fully take off because of high prices.

The clamshell-designed Galaxy Z Flip 5 and Galaxy Z Fold 5, a larger device that opens and folds like a book, will be available for pre-orders starting July 26 in certain markets including the United States and South Korea.

Saudi Arabia, the new home of some of soccer's biggest stars and a co-owner of professional golf, is proving to be no less ambitious when it comes to another global pastime – the $180 billion-a-year video game industry.

Last September, the Saudi sovereign wealth fund earmarked nearly $40 billion for a new conglomerate aimed at transforming the kingdom into the "ultimate global hub" for games and esports by 2030. In February, the Saudi fund became the biggest outside investor in Nintendo, and just this month the kingdom hosted a major gaming tournament with a record $45 million prize pool.

Caretaker Prime Minister Najib Mikati met Wednesday morning with central bank vice-governors, Wassim Mansouri, Bashir Yakzan, Salim Chahine and Alexander Mouradian, in an attempt to find a solution to a looming leadership crisis at the central bank.

Minister of Finance Youssef Khalil, who attended the meeting, said that so far the vice-governors are not inclined to resign.

Kuwait recorded its first surplus in nine years for the 2022-2023 fiscal year which ended in March, the finance ministry said on Wednesday, crediting last year's surge in oil prices.

The Gulf emirate, whose revenues rely heavily on hydrocarbons, closed its fiscal balance with a surplus of $21 billion, the ministry said.

European Union agriculture ministers met Tuesday to discuss ways of moving grain vital to global food security out of Ukraine after Russia halted a deal that allowed Black Sea exports. At the same time, countries bordering the war-ravaged nation are seeking to protect prices for their farmers.

Germany's agriculture minister, Cem Ozdemir, warned that they must seek to balance those two issues without eroding the 27-nation bloc's support for Ukraine.

European Union member states gave final approval Tuesday to the bloc's master plan to expand semiconductor production, clearing the path for its massive effort to slash reliance on Asia for computer chips vital for everything from washing machines to cars.

The European Council's ministers signed off on the EU's Chips Act, which will channel 43 billion euros ($47 billion) in public and private funds and allow state aid for the continent's semiconductor industry. EU leaders want to use the cash to kick-start massive investments for new chipmaking facilities, doubling the 27-nation bloc's share of global semiconductor production to 20% by 2030.

Parliament Speaker Nabih Berri met tuesday with caretaker Prime Minister Najib Mikati in Ain el-Tineh and discussed the looming leadership crisis at the central bank.

Berri stressed during the talks "the need to hold a Cabinet session to appoint a new Central Bank governor."

Iranian authorities have shut down one of the offices of the country's biggest e-commerce company and launched judicial procedures after it published pictures online showing female employees not wearing the mandatory Islamic headscarf, semi-official media reported.

The move appears to be part of a new campaign launched last week to impose the Islamic dress code nearly a year after the morality police largely melted away in the face of widespread protests.

China's government appealed to Japan on Monday not to disrupt the semiconductor industry after curbs on exports of Japanese chip-making technology took effect, adding to technology restrictions Washington and its allies have imposed on China on security grounds.

The Japanese restrictions that took effect Sunday limit Chinese access to tools for etching microscopically small circuits on advanced chips for smartphones, artificial intelligence and other applications. The Netherlands also joined the United States in limiting access to chipmaking tools that Washington says could be used to develop weapons.

The caretaker Cabinet convened Monday at the Grand Serail to discuss the much delayed 2023 state budget.

The Council of Ministers’ General-Secretariat received the budget draft law from the Finance Ministry last week, and cabinet will hold successive sessions to discuss and approve it.