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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

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Current price of oil as of September 1, 2026

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The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’

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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

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Current price of oil as of September 1, 2026

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The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’
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Fortune Gulf Brief is Fortune's weekly Tuesday newsletter covering business, investment, and economic trends across the Middle East, written by Fortune writer Melissa Hancock. It delivers expert analysis on the deals, leaders, and policies shaping the GCC region for global executives. Sign up here.
Saudi fires up Gulf AI race with $15 billion tech deals at LEAP 
Saudi fires up Gulf AI race with $15 billion tech deals at LEAP 

In this week’s Fortune Gulf Brief.

By Melissa HancockSeptember 2, 2026
War knocked Dubai’s airport traffic down 31%. Its CEO says its global hub ambitions haven’t changed
War knocked Dubai’s airport traffic down 31%. Its CEO says its global hub ambitions haven’t changed
By Inzamam RashidSeptember 1, 2026
Iran’s president admits ‘we have many problems’ and missiles ‘are of no use’ as the U.S. chokes its economy while weakening Tehran’s grip on Hormuz
Iran’s president admits ‘we have many problems’ and missiles ‘are of no use’ as the U.S. chokes its economy while weakening Tehran’s grip on Hormuz
By Jason MaAugust 30, 2026
New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests
New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests
By Jason MaAugust 29, 2026
Why Dubai has become a city of retail traders
Why Dubai has become a city of retail traders
By Inzamam RashidAugust 26, 2026
Trump’s pronouncements are triggering instant trades in the Middle East as UAE investors place bigger bets
Trump’s pronouncements are triggering instant trades in the Middle East as UAE investors place bigger bets
By Inzamam RashidAugust 25, 2026
Latest stories from Fortune
Suze Orman
Success
Despite being a multimillionaire, Suze Orman still cooks at home whenever possible—and says eating out is one of the biggest wastes of money
By Preston ForeSeptember 2, 2026
As Apple gets a new CEO in John Ternus, Tim Cook shares the 4 a.m. morning ritual he stuck by for 15 years in the top job
Success
As Apple gets a new CEO in John Ternus, Tim Cook shares the 4 a.m. morning ritual he stuck by for 15 years in the top job
By Emma BurleighSeptember 2, 2026
‘If you can’t beat ’em, eat ’em’: Italy is turning its hated invasive crab into a multimillion-dollar business
Environment
‘If you can’t beat ’em, eat ’em’: Italy is turning its hated invasive crab into a multimillion-dollar business
By Tatiana SatauaSeptember 2, 2026
From a German airport to a Polish drone factory fire, the EU confronts a wave of suspected Russian sabotage
Politics
From a German airport to a Polish drone factory fire, the EU confronts a wave of suspected Russian sabotage
By Lorne Cook and The Associated PressSeptember 2, 2026
Stan Kroenke, wearing a blue suit and sunglasses, smiles.
Investing
New LA Angels owner Stan Kroenke is quietly America’s largest private landowner, boasting 2.7 million acres and besting Bill Gates and Jeff Bezos
By Sasha RogelbergSeptember 2, 2026
Photo of wildfire
Environment
World to surpass 1.5-degree climate goal ‘in the next few years,’ UN warns
By The Associated Press and Seth BorensteinSeptember 2, 2026
Scott Bessent says 19 of the G20 finance ministers agreed to address ‘cheap imports’ but ‘China was the dissenter’
Economy
Scott Bessent says 19 of the G20 finance ministers agreed to address ‘cheap imports’ but ‘China was the dissenter’
By The Associated Press, Fatima Hussein and Chris RugaberSeptember 2, 2026
Current price of gold as of September 2, 2026
Personal Finance
Current price of gold as of September 2, 2026
By Danny BakstSeptember 2, 2026
More Middle EastPage 11 of 21
iran
Politics
How the Oct. 7 attacks led to a multiyear destruction of Iran’s proxy militias
By Adam Geller, Abby Sewell and The Associated PressMarch 2, 2026
dubai
Politics
‘This is Dubai’s ultimate nightmare’: Missile strikes rock safe-haven status of the Las Vegas of the East
By Brian Melley and The Associated PressMarch 2, 2026
iran
Politics
War widens in Middle East with over 500 dead, according to Iranian Red Crescent Society
By Jon Gambrell, Melanie Lidman, Samy Magdy and The Associated PressMarch 2, 2026
European markets slide as Iran ‘war trade’ joins the global AI ‘scare trade’
Europe
European markets slide as Iran ‘war trade’ joins the global AI ‘scare trade’
By Kamal AhmedMarch 2, 2026
An intercepted projectile falls into the sea near Dubai's Palm Jumeirah archipelago on March 1, 2026. The United States and Israel launched strikes against Iran on February 28, killing Iran's supreme leader and top military leaders, prompting authorities to retaliate with strikes on Israel and US bases across the Gulf. (Photo by FADEL SENNA / AFP)
Energy
Stocks enter global selloff, but some on Wall Street are looking for assets that respond well to war
By Jim EdwardsMarch 2, 2026
Dow futures fall 350 points on U.S.-Iran conflict, but oil prices pare gains as Trump hints at sanctions relief for new leadership
Energy
Dow futures fall 350 points on U.S.-Iran conflict, but oil prices pare gains as Trump hints at sanctions relief for new leadership
By Jason Ma and Amanda GerutMarch 1, 2026
Asian aviation stocks plunge as Iran conflict forces airlines to cancel flights over Middle Eastern airspace
Asia
Asian aviation stocks plunge as Iran conflict forces airlines to cancel flights over Middle Eastern airspace
By Angelica AngMarch 1, 2026
A veiled Iranian woman holds her cellphone displaying a portrait of Iran's Supreme Leader, Ayatollah Ali Khamenei,
Cybersecurity
Cyber retaliation from Iran is a problem for U.S. companies — ‘It’s in the hands of a 19-year-old hacker in a Telegram room,’ ex-NSA operative says
By Amanda GerutMarch 1, 2026
iran
Politics
3 U.S. service members killed and 5 seriously wounded in Iran operation, after Trump warned of casualties
By Ben Finley and The Associated PressMarch 1, 2026
U.S. military gives Iran a taste of its own medicine with cheap copycat Shahed drones, while concern shifts to munitions supply in extended conflict
Middle East
U.S. military gives Iran a taste of its own medicine with cheap copycat Shahed drones, while concern shifts to munitions supply in extended conflict
By Jason MaMarch 1, 2026
As Iran attacks Dubai, the tax-free haven for the global elite could see ‘catastrophic’ fallout — ‘this can also send shockwaves globally’
Middle East
As Iran attacks Dubai, the tax-free haven for the global elite could see ‘catastrophic’ fallout — ‘this can also send shockwaves globally’
By Jason MaMarch 1, 2026
Oil prices soar 10% as tanker traffic halts near the Strait of Hormuz amid Iran attacks while IRGC warns against passage. ‘Our ships will stay put’
Energy
Oil prices soar 10% as tanker traffic halts near the Strait of Hormuz amid Iran attacks while IRGC warns against passage. ‘Our ships will stay put’
By Jason MaMarch 1, 2026
trump
Politics
Trump said ‘we must abandon the failed policy of nation building and regime change’ in 2016. So what changed?
By Tim Sullivan and The Associated PressMarch 1, 2026
khamenei
Politics
Weeks before his death, Iran’s 86-year-old Supreme Leader heard shouts of ‘Death to Khamenei’ and unleashed a bloody crackdown
By Lee Keath, Cara Anna and The Associated PressMarch 1, 2026
trump
Middle East
Top diplomat on Middle Eastern regime change as a losing game: ‘U.S. history in that area of the world is not good with this’
By Donald Heflin and The ConversationMarch 1, 2026
trump
Middle East
Former Trump security advisor sees no off-ramp this time around for Iran, Israel and America
By Javed Ali and The ConversationMarch 1, 2026
UN
Politics
Israel, U.S. stiff-arm U.N. during emergency Security Council meeting
By Edith M. Lederer, Farnoush Amiri and The Associated PressFebruary 28, 2026
massie
Politics
Thomas Massie among few Republicans to criticize Trump over war powers: ‘This is not ‘America First”
By Lisa Mascaro and The Associated PressFebruary 28, 2026
protest
Politics
A month before Iran strikes, Trump told Iranian protesters help was on the way amid a government crackdown
By Aamer Madhani, Josh Boak and The Associated PressFebruary 28, 2026
trump
Politics
Marjorie Taylor Greene rips Iran strikes as Trump betraying America First: ‘It’s always a lie and it’s always America Last’
By Steven Sloan and The Associated PressFebruary 28, 2026
lavrov
Politics
Russia accuses America of ‘pre-planned and unprovoked act of armed aggression’ against Iran
By Claudia Ciobanu, Sam McNeil, Sam Metz and The Associated PressFebruary 28, 2026
iran
Politics
American, Israeli strike on Iran came 2 days after latest talks, as theocracy struggled with nationwide protests
By Brian Melley and The Associated PressFebruary 28, 2026
khamenei
Politics
Iranian Supreme Leader Khamenei dies after major attack by Israel and the U.S., Iranian state media confirms
By Jon Gambrell, Melanie Lidman, Josh Boak, Eric Tucker and The Associated PressFebruary 28, 2026
Trump says U.S. will bomb Iran uninterrupted ‘as long as necessary’ to achieve peace in Mideast and the world after confirming Khamenei’s death
Middle East
Trump says U.S. will bomb Iran uninterrupted ‘as long as necessary’ to achieve peace in Mideast and the world after confirming Khamenei’s death
By Jason MaFebruary 28, 2026
Iran is now on ‘death ground’ amid existential threat from U.S. attacks and could ‘go big’ in retaliation, former NATO commander warns
Middle East
Iran is now on ‘death ground’ amid existential threat from U.S. attacks and could ‘go big’ in retaliation, former NATO commander warns
By Jason MaFebruary 28, 2026
iran
Politics
‘This will be probably your only chance for generations’: Trump tells Iranians to first take cover, then rise up
By Brian Melley and The Associated PressFebruary 28, 2026
trump
Politics
Trump urges Iranians to ‘take over your government’ as he launches ‘major combat operations’
By The Associated PressFebruary 28, 2026
Trump confirms ‘massive and ongoing’ attacks on Iran, warns of possible casualties, and calls on Iranian people to overthrow regime
Middle East
Trump confirms ‘massive and ongoing’ attacks on Iran, warns of possible casualties, and calls on Iranian people to overthrow regime
By Jason MaFebruary 28, 2026
Pedestrians walk past an American flag mural
Politics
CIA’s social media guide to evading Iranian internet restrictions racks up millions of views as Trump considers military action
By David Klepper and The Associated PressFebruary 25, 2026
huckabee
Politics
Mike Huckabee infuriates Middle East after agreeing with Tucker Carlson’s claim that Israel has a biblical right to the whole region
By Sam Mednick, Samy Magdy and The Associated PressFebruary 21, 2026
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Most Popular
Success
The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economyplaceholder alt text
By Emma BurleighAugust 30, 2026
Personal Finance
Current price of oil as of September 1, 2026placeholder alt text
By Joseph HostetlerSeptember 1, 2026
AI
The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’placeholder alt text
By Marco Quiroz-GutierrezSeptember 1, 2026
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