India Debt Push: India’s government issued an ordinance exempting foreign institutional investors from capital gains tax (and interest tax) on investments in government securities, effective retroactively from April 1, 2026, aiming to pull in “patient” foreign capital amid US-Iran-driven volatility. RBI FX Measures: The RBI kept rates at 5.25% and rolled out steps to attract foreign inflows, including widening access for foreign portfolio investors to government bonds and offering discounted forex swaps to support external commercial borrowing and NRI deposit hedging. Crypto Risk-Off: Major altcoins slid sharply as Bitcoin weakened and Middle East tensions flared, with investors citing geopolitics and shifting expectations for US rate cuts. UAE Tokenisation Deal: Integra picked SettleMint to support compliant real-estate tokenisation across the UAE and US, targeting end-to-end issuance and lifecycle compliance. Egypt Energy Storage: Egypt signed battery storage agreements totaling 1,500 MWh in Zafarana and Benban, including local manufacturing plans to back grid stability and renewable integration. Egypt Card Payments: Credit Agricole Egypt launched an interest-free 12-month installment “Break” offer for eligible credit card purchases. Turkey Inflation: Turkey’s annual inflation edged up to 32.6% in May, keeping pressure on households and policy expectations. OECD Warning: The OECD said a prolonged Persian Gulf crisis could push global growth toward recession and lift inflation across G20 economies.