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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
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Suze Orman
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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
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‘If you can’t beat ’em, eat ’em’: Italy is turning its hated invasive crab into a multimillion-dollar business
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‘If you can’t beat ’em, eat ’em’: Italy is turning its hated invasive crab into a multimillion-dollar business
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From a German airport to a Polish drone factory fire, the EU confronts a wave of suspected Russian sabotage
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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.
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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
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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 13 of 21
Ed Bastian
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Delta CEO predicts Americans will soon be ready to travel to Riyadh as he launches first-ever direct flights from the U.S. to Saudi Arabia
By Nick LichtenbergOctober 27, 2025
C.S. Venkatakrishnan
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Barclays’ reentry into Saudi Arabia highlights the kingdom’s strategy to become the new global hub for regional headquarters
By Nick LichtenbergOctober 27, 2025
How emerging economies are banking on their massive young populations to become innovation hotbeds rivaling Silicon Valley
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How emerging economies are banking on their massive young populations to become innovation hotbeds rivaling Silicon Valley
By Phil WahbaOctober 26, 2025
AI and tech are potentially the biggest equalizers Africa has ever seen, former Nvidia exec says
Conferences
AI and tech are potentially the biggest equalizers Africa has ever seen, former Nvidia exec says
By Jason MaOctober 26, 2025
Kolinda Grabar-Kitarović, Former President, Croatia Matteo Renzi, Senator, Electoral College of Florence, Former Prime Minister, Italy Moderator: Ellie Austin, Editorial Director, Fortune Live Media
Conferences
Europe at risk of becoming a ‘geopolitical playground’ warns Croatia’s former president, and says Trump’s 2018 NATO threat was justified
By Eleanor PringleOctober 26, 2025
Khalid Al-Falih
Conferences
Saudi Arabia’s minister of investment on Vision 2030 and the world’s search for reliable partners
By Nick LichtenbergOctober 26, 2025
Libery Energy's hydraulic fracturing, or frac, spreads are increasingly electrified with natural gas power, a technology now translating to powering data centers.
Energy
AI’s insatiable need for power is driving an unexpected boom in oil-fracking company stocks 
By Jordan BlumOctober 23, 2025
U.S. troops are going to Israel to support the Gaza ceasefire, but JD Vance vows no ‘boots on the ground’
Middle East
U.S. troops are going to Israel to support the Gaza ceasefire, but JD Vance vows no ‘boots on the ground’
By Jason MaOctober 12, 2025
People celebrate at Hostage Square in Tel Aviv on October 9, 2025, following the announcement of the new Gaza ceasefire deal. Israel and Hamas on October 9 agreed a Gaza ceasefire deal to free the remaining living hostages, in a major step towards ending a war that has killed tens of thousands of people and unleashed a humanitarian catastrophe.
Investing
Oil prices fall as Israel and Hamas strike a rare truce, calming markets after months of unrest
By Teresa Cerojano, Matt Ott and The Associated PressOctober 9, 2025
Palestinian children celebrate at a camp for displaced people in Nuseirat in the central Gaza Strip on October 9, 2025, following news of a new Gaza ceasefire deal.
Politics
The Trump-brokered Gaza truce includes a U.S.-led reconstruction plan and Arab-led security in Gaza
By Samy Magdy, Melanie Lidman and The Associated PressOctober 9, 2025
US President Donald Trump watches as workers install a new flagpole on the South Lawn of the White House in Washington, DC, US, on Wednesday, June 18, 2025.
Real Estate
Trump says the American Dream is on hold because ‘big homebuilders’ are ‘sitting on’ 2 million empty lots
By Eva RoytburgOctober 6, 2025
Oilpatch
Energy
What oil CEOs really think about Trump, tariffs and uncertainty: ‘Those who can are running for the exits’
By Eva RoytburgSeptember 24, 2025
Trump goes off script in UN address, praising Germany for returning to nuclear energy and fossil fuels: ‘All green is all bankrupt’
Energy
Trump goes off script in UN address, praising Germany for returning to nuclear energy and fossil fuels: ‘All green is all bankrupt’
By Ashley LutzSeptember 23, 2025
Canada joins Britain and Australia in recognizing a Palestinian state despite opposition from the U.S.
Politics
Canada joins Britain and Australia in recognizing a Palestinian state despite opposition from the U.S.
By Rob Gillies and The Associated PressSeptember 21, 2025
Red Sea cable cuts disrupt internet in Asia, Middle East; Houthis deny involvement as Microsoft warns of disruption
Politics
Red Sea cable cuts disrupt internet in Asia, Middle East; Houthis deny involvement as Microsoft warns of disruption
By Jon Gambrell and The Associated PressSeptember 8, 2025
Inside Gaza’s world of ‘cash brokers’ as currency disappears: ‘We lose nearly half of our money just to be able to spend it’
Finance
Inside Gaza’s world of ‘cash brokers’ as currency disappears: ‘We lose nearly half of our money just to be able to spend it’
By Wafaa Shurafa, Samya Kullab and The Associated PressJuly 11, 2025
Booz Allen Hamilton may have been a DOGE target—but its CEO is still bullish on his biggest client
Leadership
Booz Allen Hamilton may have been a DOGE target—but its CEO is still bullish on his biggest client
By Diane BradyJuly 5, 2025
Iran’s supreme leader makes first public statement since ceasefire, saying Tehran ‘delivered a hand slap to America’s face’
Politics
Iran’s supreme leader makes first public statement since ceasefire, saying Tehran ‘delivered a hand slap to America’s face’
By The Associated PressJune 26, 2025
Trump says U.S. and Iran will talk next week as ceasefire holds: ‘The way I look at it, they fought, the war is done’
Politics
Trump says U.S. and Iran will talk next week as ceasefire holds: ‘The way I look at it, they fought, the war is done’
By Jon Gambrell, David Rising, Farnoush Amiri and The Associated PressJune 26, 2025
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Finance
The S&P 500 flirts with it’s all-time high, oil futures rise 1.4% after Middle East ceasefire
By Paolo Confino and Amanda GerutJune 25, 2025
wael sawan speaking into a microphone
Finance
Shell denies reports of BP megamerger of Big Oil rivals
By Jordan BlumJune 25, 2025
passengers look at the departures board at Israel's main airport
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Travelers are stranded in Israel and Iran. Here’s how airlines are navigating the ongoing conflict
By Lily Mae LazarusJune 25, 2025
Crypto market bounces back after President Trump announced a ceasefire between Israel and Iran
The Coins
Crypto market bounces back after President Trump announced a ceasefire between Israel and Iran
By Catherine McGrathJune 24, 2025
A consumer refuels their vehicle at a gas station in Daegu, South Korea, on June 23, 2025, while geopolitical risks heighten due to U.S. attacks on Iran's nuclear facilities.
Middle East
Ceasefire between Israel and Iran already being tested as markets bet it will stave off ‘stagflationary shock’
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Markets edge higher Monday after Iran fires missiles at U.S. base in Qatar
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U.S. attacks on Iran resemble a ‘TikTok-style war’ and may be peak military involvement, geopolitical expert says
Middle East
U.S. attacks on Iran resemble a ‘TikTok-style war’ and may be peak military involvement, geopolitical expert says
By Jason MaJune 22, 2025
JD Vance says Iran is ‘clearly not very good at war’ and should seek peace while declaring the U.S. has ‘no interest’ in ground troops
Middle East
JD Vance says Iran is ‘clearly not very good at war’ and should seek peace while declaring the U.S. has ‘no interest’ in ground troops
By Jason MaJune 22, 2025
Oil prices could spike 10% after the U.S. attack on Iran —  ‘But don’t be fooled, this may not last’
Middle East
Oil prices could spike 10% after the U.S. attack on Iran — ‘But don’t be fooled, this may not last’
By Jason MaJune 22, 2025
Pentagon says U.S. strikes ‘devastated’ Iran’s nuclear program but weren’t aimed at regime change
Middle East
Pentagon says U.S. strikes ‘devastated’ Iran’s nuclear program but weren’t aimed at regime change
By AFPJune 22, 2025
US President Donald Trump
Politics
Wall Street reports 65% chance that U.S. will intervene in Iran. Goldman Sachs says OPEC will be key buffer in oil volatility
By Eleanor PringleJune 20, 2025
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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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