US-Iran Budget Push: The White House asked Congress for $87.6bn in supplemental funding, with about $67bn for the Pentagon, as lawmakers weigh war powers and the shaky Iran ceasefire framework. Gulf Investor Mood: Dubai is rolling out support after the Iran-war shock, including a 2.5bn dirham liquidity push, while Standard Chartered flags easing risk premiums as a tailwind for UAE investor sentiment. Rubio Gulf Tour: US Secretary of State Marco Rubio is in Bahrain to reassure GCC allies on security and the Iran deal, even as disputes over Strait of Hormuz tolls and nuclear inspections persist. Oil Market Slide: Brent is back below pre-Iran-war levels on expectations of smoother Hormuz flows and possible oversupply, with tankers traffic rising. Iraq-OPEC Pressure: Iraq says it may consider “all options” if its OPEC quota isn’t raised, amid a financial squeeze tied to the Iran war. Egypt Capital Markets & SME Finance: EGX received Enppi’s request to list on the main market, while MSMEDA and EGX signed a protocol to expand MSME access to financing tools and digital platforms. Egypt Economy & Prices: Egypt reported 5% Q3 FY2025/26 growth; food and vegetable prices fell on June 24, while gold and silver prices also dropped. Crypto Sanctions Risk: TRM Labs/WSJ reporting alleges CoinEx routed $3.84bn in Iran-linked crypto flows to evade sanctions, putting more pressure on regional compliance. Turkey Municipal Crackdown: Turkish police detained 24 suspects, including district mayors, in a bribery and fraud probe tied to municipal construction and zoning.