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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
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
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‘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 15 of 21
Yemeni children, one of them carrying a mock missile, walk next to a billboard depicting the Houthi leader Abdul Malik Al-Houthi to partake in a demonstration staged against the United States' aerial attacks on the capital Sana'a, and other provinces on March 17, 2025 in Sana'a, Yemen
Politics
JD Vance says the Suez Canal only matters for European trade. He is both correct and mistaken at the same time, a top strategist says
By Greg McKennaMarch 26, 2025
Is Saudi Arabia the next China or India? See for yourself
Commentary
Is Saudi Arabia the next China or India? See for yourself
By Angela Chitkara and Curtis S. ChinMarch 6, 2025
U.S. President Donald Trump, accompanied by Israeli Prime Minister Benjamin Netanyahu (L), speaks during a meeting in the Oval Office of the White House on February 04, 2025.
Politics
President Trump reveals vision for Gaza in AI video with luxury yachts, belly dancers, and a towering gold statue of himself
By Christiaan HetznerFebruary 26, 2025
French President Macron denounces Trump’s Gaza takeover plan: ‘The right answer is not a real estate operation’
Politics
French President Macron denounces Trump’s Gaza takeover plan: ‘The right answer is not a real estate operation’
By Alena BotrosFebruary 12, 2025
Trump once again likens Chuck Schumer to Palestinian people while doubling down on his Gaza takeover proposal
Politics
Trump once again likens Chuck Schumer to Palestinian people while doubling down on his Gaza takeover proposal
By Alena BotrosFebruary 6, 2025
U.S. President Donald Trump arrives to speak during an election night event
Politics
Trump’s proposal of U.S. developing Gaza into ‘Middle East Riviera’ draws global outrage: ‘Ethnic cleansing by another name’
By Christiaan HetznerFebruary 5, 2025
Syria’s new rulers start talks with foreign governments as France raises flag at Damascus embassy for first time in over a decade
Politics
Syria’s new rulers start talks with foreign governments as France raises flag at Damascus embassy for first time in over a decade
By Maher Al Mounes, Marisol Rifai and AFPDecember 17, 2024
This was Bashar al-Assad’s mansion. Syrians are now helping themselves to its opulence after the ousted dictator fled to Russia
Politics
This was Bashar al-Assad’s mansion. Syrians are now helping themselves to its opulence after the ousted dictator fled to Russia
By Maher Al Mounes and AFPDecember 8, 2024
Wars and rising tensions spark global demand for arms, as sales hit record $632 million
Finance
Wars and rising tensions spark global demand for arms, as sales hit record $632 million
By AFPDecember 2, 2024
Couple visiting Valencia
Personal Finance
Had enough of the U.S.? Consider this first, says a former American and relocation expert
By Alicia AdamczykNovember 30, 2024
Israeli tech entrepreneurs and engineers from major companies like Google and Microsoft are seeking refuge in Europe
Tech
Israeli tech entrepreneurs and engineers from major companies like Google and Microsoft are seeking refuge in Europe
By Samuel BurkeNovember 27, 2024
Ian Bremmer: Brace yourself — Trump’s foreign policy could reshape the business world
Magazine
Ian Bremmer: Brace yourself — Trump’s foreign policy could reshape the business world
By Ian BremmerNovember 19, 2024
Asia’s fintech firms are eyeing the Middle East for expansion because of low competition and a ‘future friendly’ regulator
Finance
Asia’s fintech firms are eyeing the Middle East for expansion because of low competition and a ‘future friendly’ regulator
By Lionel Lim and Nicholas GordonNovember 18, 2024
H.E. Fahd bin Abdulmohsan Al-Rasheed
Conferences
A Saudi government official had only 3 career options when he graduated but says his 16-year-old daughter has many more
By Jane ThierNovember 11, 2024
Hands are visible organizing trays of gold bars.
Finance
Gold soars to record high on Middle East jitters, U.S. election
By Greg McKennaOctober 21, 2024
The world may be slipping backward into a ‘geopolitical risk supercycle,’ warns strategist and C-suite advisor
Leadership
The world may be slipping backward into a ‘geopolitical risk supercycle,’ warns strategist and C-suite advisor
By John KellOctober 15, 2024
A plane flies over a hotel pool in Beirut
Newsletters
Fortune Archives: ‘Bikinis as usual’ in a war-weary city
By Indrani SenOctober 13, 2024
Israeli army tank
Politics
An Israel-Iran war of attrition will be the new reality for a long time, scholar says
By Jason MaOctober 5, 2024
The S&P 500 at close of day Thursday, Oct. 3.
Finance
Oil prices jump and Wall Street slides as investors eye Middle East tensions
By Brooke SeipelOctober 3, 2024
CEOs shouldn’t worry about the economic fallout from the Israel-Iran conflict—yet
Leadership
CEOs shouldn’t worry about the economic fallout from the Israel-Iran conflict—yet
By Lila MacLellanOctober 3, 2024
Sam Altman’s quest for cheap AI power will be fueled by Middle East billions. But the true cost goes beyond money
Newsletters
Sam Altman’s quest for cheap AI power will be fueled by Middle East billions. But the true cost goes beyond money
By Sharon GoldmanSeptember 24, 2024
Hsu Ching-kuang, founder of Taiwan pager supplier Gold Apollo
Middle East
Supply chain mystery surrounds how Hezbollah’s pagers and walkie-talkies were turned into miniature bombs
By Christiaan HetznerSeptember 19, 2024
Photo of Jonathan Bloomer
Finance
Yacht tragedy forces Morgan Stanley to find new international chair even as grief is fresh
By Michael del CastilloSeptember 3, 2024
Iranian leader Ali Khamenei
Finance
Oil price surges after assassination of Hamas leader in Iran, sparking new fear of war and inflation
By Christiaan HetznerJuly 31, 2024
McDonald's CEO Chris Kempczinski
Retail
McDonald’s CEO says Muslims’ Gaza boycott hurt quarterly sales
By Christiaan HetznerJuly 30, 2024
War in Europe is waking CEOs up from their ‘geopolitical nap’
Newsletters
War in Europe is waking CEOs up from their ‘geopolitical nap’
By Peter Vanham and Nicholas GordonJune 20, 2024
Elon Musk and Larry Fink—ideological opposites—find common ground: the pursuit of shareholder democracy
Newsletters
Elon Musk and Larry Fink—ideological opposites—find common ground: the pursuit of shareholder democracy
By Peter Vanham and Nicholas GordonJune 12, 2024
Visitors are seen during the first public day of the Geneva International Motor Show in Geneva
Newsletters
The Geneva Motor Show is ditching Europe for Qatar as the global jet set looks east
By Peter Vanham and Nicholas GordonJune 5, 2024
I went to a ‘fitness hotel’ in Dubai, where execs shell out thousands for grueling workouts, luxe recovery sessions, and Michelin-starred feasts
Magazine
I went to a ‘fitness hotel’ in Dubai, where execs shell out thousands for grueling workouts, luxe recovery sessions, and Michelin-starred feasts
By Rainbow NelsonJune 1, 2024
A Columbia University student walks through a nearly empty campus after police cleared out a Gaza protest encampment on May 06, 2024.
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Civil disobedience and calls for financial divestments ‘have an important place in democracy’—but many schools also have donors to worry about
By Sunny NagpaulJune 1, 2024
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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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