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The US is trying to curb China’s chipmaking industry. Western companies are paying the price.
Nvidia forecasts a USD 5.5 bn charge in 1Q 2026
Next fiscal year’s General Government Budget pencils in revenues hitting EGP 7.9 tn
Expenditures are also set to rise, with government spending in the budget coming in at EGP 9.1 tn
Madbouly government boosts international debt program to USD 8 bn in new budget
With local issuances also in the mix, the total figure pencilled in for next fiscal year comes to EGP 3.6…
Emerging markets are rattled by tariff war
Investor sentiment remains largely pessimistic
Next fiscal year’s government budget pencils in 23.0% jump in revenues, 19.2% rise in expenditures
The gov’t sees the primary surplus reaching 4.0% of GDP
BlackRock’s Larry Fink believes in a blockchain-based financial system
The biggest obstacle to tokenization is the lack of a reliable, large-scale digital identification system
EGX defies regional slump, but the edge may be mechanical
Some 81% of EGX’s investor base is made up of retail investors
Gov’t kicks off EGP 30 bn financing initiative for industrial players
The program will offer an additional 2% cut for projects that introduce new industrial activities
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