Local Business
Monday, July 20, 2026 · Cairo
Tech Stocks Slide as Investors Question AI Investment Returns
Investors have begun selling AI-related stocks amid growing uncertainty about whether the billions spent on the technology will generate sufficient returns. The Nasdaq has experienced significant volatility as market participants reassess valuations.
U.S. Declines USMCA Renewal, Triggering Expiration Clock
The United States has informed Canada and Mexico it will not renew the USMCA trade agreement. This action starts a 10-year countdown to the pact's expiration. Negotiations to establish new trade terms are now underway.
Monday, July 20, 2026
Job Postings Featuring 'AI' in Titles Increase Significantly
Job board Indeed reports a substantial increase in job postings that include "AI" in their titles. The percentage of such listings tripled from 2022 to 2023, growing from less than 3% to more than 8%.
Monday, July 20, 2026
South Korean Tech Companies Plan $518 Billion Chip Investment
South Korea's largest technology companies announced plans to invest $518 billion in new semiconductor manufacturing facilities. Government officials said the nation has sufficient power and water resources to support the plants.
Monday, July 20, 2026
Tech Stocks Slide as Investors Question AI Investment Returns
Investors have begun selling AI-related stocks amid growing uncertainty about whether the billions spent on the technology will generate sufficient returns. The Nasdaq has experienced significant volatility as market participants reassess valuations.
Monday, July 20, 2026