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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’

Middle East

Middle East

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

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

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

‘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

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.

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

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’

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 14 of 21

Trump leaves G7 summit early with hints of more conflict in the Middle East: ‘Everyone should immediately evacuate Tehran!’

Trump leaves G7 summit early with hints of more conflict in the Middle East: ‘Everyone should immediately evacuate Tehran!’

By Josh Boak, Rob Gillies, Jill Lawless and The Associated PressJune 17, 2025

Fire and smoke rise into the night sky after an Israeli attack on the Shahran oil depot.

What the Iran/Israel conflict means for U.S. energy prices going forward

By Jordan BlumJune 16, 2025

Stocks rally and oil dips after report says Iran is looking to de-escalate its conflict with Israel

Stocks rally and oil dips after report says Iran is looking to de-escalate its conflict with Israel

By Alicia AdamczykJune 16, 2025

Bitcoin and broader crypto market sink as Israel launches airstrikes against Iran

Bitcoin and broader crypto market sink as Israel launches airstrikes against Iran

By Catherine McGrathJune 13, 2025

Former U.S. President and current Republican Presidential nominee Donald Trump speaks about the economy, inflation, and manufacturing during a campaign event at Alro Steel.

Oil prices surge after Israel’s attack on Iran. Trump urges Iran to ‘make a deal before there is nothing left’

By Christiaan HetznerJune 13, 2025

Trump’s new travel ban set to take effect amid escalating tension over immigration enforcement

Trump’s new travel ban set to take effect amid escalating tension over immigration enforcement

By The Associated PressJune 8, 2025

the bell at the Damascus Securities Exchange

Syrian stock exchange reopens after a 6-month hiatus as part of U.S.-led push for a new free market economy

By Paolo ConfinoJune 2, 2025

The transformation of women’s sports in Saudi Arabia is no mirage. Just ask the women

The transformation of women’s sports in Saudi Arabia is no mirage. Just ask the women

By Steve MollmanJune 2, 2025

How Bahrain uses its small size—and being Saudi Arabia’s neighbor—to its advantage

How Bahrain uses its small size—and being Saudi Arabia’s neighbor—to its advantage

By Steve MollmanMay 31, 2025

Malaysia Prime Minister Anwar Ibrahim delivers remarks at the Fortune ASEAN-GCC-China Economic Forum on May 27.

Malaysia’s Anwar Ibrahim calls for a ‘fiercely independent ASEAN’ as he bolsters ties with the Middle East and China

By Nicholas GordonMay 27, 2025

Half the world population could be diabetic or insulin resistant by 2050

Half the world population could be diabetic or insulin resistant by 2050

By Ian MountMay 26, 2025

Visa exec says Saudi businesswomen are showing a ‘very aggressive’ side as traditional barriers to success crumble

Visa exec says Saudi businesswomen are showing a ‘very aggressive’ side as traditional barriers to success crumble

By John KellMay 23, 2025

Two women work at an auto repair shop in Saudi Arabia.

Saudi Arabia has doubled the share of women in the workforce since 2015—but obstacles remain

By Alicia AdamczykMay 23, 2025

BCG leader calls for optimism amid AI doom and gloom, and says enabling young people to ‘build and shape the future’ is key

BCG leader calls for optimism amid AI doom and gloom, and says enabling young people to ‘build and shape the future’ is key

By John KellMay 22, 2025

Serene Farah, Vice President, Growth and Strategy, Pure Harvest

Female entrepreneurs are finding new ways to build a climate-resilient local food supply in Saudi Arabia

By Christiaan HetznerMay 22, 2025

Former U.K. prime minister Theresa May says ex-world leaders need to stop commenting on everything: ‘be a measured voice’

Former U.K. prime minister Theresa May says ex-world leaders need to stop commenting on everything: ‘be a measured voice’

By Orianna Rosa RoyleMay 21, 2025

Decentralizing computing power is key to avoiding an AI divide between the wealthy and the Global South

Decentralizing computing power is key to avoiding an AI divide between the wealthy and the Global South

By Ian MountMay 21, 2025

Fortune Most Powerful Women International Summit Riyadh 2025 livestream

By Fortune EditorsMay 20, 2025

U.S. President Donald Trump shakes hands with Saudi Crown Prince Mohammed Bin Salman during Trump's visit to the Middle East.

Why filling the Strategic Petroleum Reserve could be the secret to success of Trump’s Middle East visit

By Jordan BlumMay 16, 2025

Donald Trump and Saudi Crown Prince Mohammed bin Salman walk together

Saudi Arabia’s $600 billion promise to the U.S. needs oil prices to stay high—which will likely anger Trump

By Irina IvanovaMay 15, 2025

Trump greets Qatari businessmen during his Middle East trip

Ethics issues arise as Trump deepens his Middle East ties: ‘When he leaves the White House, the company is worth more, his personal wealth goes up’

By Will Weissert and The Associated PressMay 14, 2025

Potential customers inspect a new BYD vehicle on a showroom floor.

BP’s chief U.S. economist worries China is winning the global energy war. Here’s why

By Jordan BlumMay 14, 2025

Saudi Arabia wants to build its post-oil future with massive AI data centers — Trump and U.S. tech have big incentives to oblige

Saudi Arabia wants to build its post-oil future with massive AI data centers — Trump and U.S. tech have big incentives to oblige

By Sharon GoldmanMay 13, 2025

Queen Elizabeth II presents Godolphin founder Sheikh Mohammed bin Rashid Al Maktoum with a trophy during day five of Royal Ascot at Ascot Racecourse.

Sovereignty’s Kentucky Derby win cemented the UAE prime minister’s dominance of horse racing

By Greg McKennaMay 6, 2025

Exxon Mobil chairman and CEO Darren Woods talks while seated at a conference.

Exxon and Chevron hold the line against tariffs, OPEC, and plunging oil prices

By Jordan BlumMay 2, 2025

Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets

Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets

By Nicholas GordonApril 20, 2025

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U.S. oil prices dip below nerve-wracking $60 threshold with record-high production in the balance

By Jordan BlumApril 7, 2025

In the reeling energy sector, an unexpected OPEC production hike plus tariff fears send oil prices plunging 7%

In the reeling energy sector, an unexpected OPEC production hike plus tariff fears send oil prices plunging 7%

By Jordan BlumApril 3, 2025

Rachel Zegler attends the World Premiere of Walt Disney Studios' "Snow White" at El Capitan Theatre on March 15, 2025 in Los Angeles, California

‘Snow White’ producer’s son defends his dad reprimanding star Rachel Zegler over ‘immature desires’ that ‘hurt the film’s box office’

By Christiaan HetznerMarch 27, 2025

Vice President JD Vance and Secretary of Defense Pete Hegseth sitting on a couch in the Oval Office

Leaked text messages reveal the U.S. bombed the Houthis’ ‘top missile guy’ as he was ‘walking into his girlfriend’s building’

By Paolo ConfinoMarch 26, 2025

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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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By Emma BurleighAugust 30, 2026

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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By Marco Quiroz-GutierrezSeptember 1, 2026

Gen Z can't figure out how to talk to their millennial and Gen X bosses—and it's becoming a workplace crisis

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By Tatiana SatauaSeptember 2, 2026

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