Middle East Growth Signals: Qatar’s non-hydrocarbon GDP rose 3.5% y/y in Q1 2026 despite shipping disruptions and higher costs, underscoring resilience from diversification and fiscal discipline. China–Egypt Industrial Push: The China-Egypt TEDA Suez zone is shifting from infrastructure building to local factory capacity and skills transfer, expanding output in advanced manufacturing. Rates vs. Oil Shock: Euro-area and Japan borrowing costs jumped as oil surged after US-Iran attacks, reviving inflation fears and keeping central banks in hike mode. ASX Market Focus: Nifty’s key 24,000 level and Bank Nifty’s 58,000 test are in the spotlight as traders watch auto names and deal activity. Nigeria Recovery, Uneven Output: Nigeria’s Q2 2026 GDP grew 4.43% with services and agriculture up, while industry lagged amid energy, infrastructure, and credit constraints. China Confidence vs. Reality Check: Critics point to weakening jobs, housing and investment as Beijing touts resilience. AI Hardware Demand: SK Hynix’s CEO warns the memory shortage may persist until 2030, while a16z backs AI infrastructure with a $1.1B hardware fund. US Pharma Pricing: Trump expands MFN deals to 26 drugmakers, reshaping Medicaid pricing and supply planning. Prediction Markets Under Scrutiny: Kalshi alleges “selective-nonenforcement” in Washington after a court ruling restricts its operations. Luxury Travel Outlook: Virtuoso sees luxury travel growth near 21% into year-end, with 2027 leaning toward transformative experiences and cruising. Retail/Brand Moves: Shein debuts in Hong Kong at a lower valuation, while Koala reports strong FY26 growth and international momentum.