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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

2

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

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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

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By Danny BakstSeptember 2, 2026

More Middle EastPage 17 of 21

Gas shortage

3 stunning charts show how the world of gas-guzzling has changed—and hasn’t—since the trauma of the 1973 oil embargo

By Jim Krane, Mark Finley and The ConversationOctober 12, 2023

Marc Rowan, chief executive officer of Apollo Global Management, speaks during an Economic Club of New York event in New York, US, on Tuesday, June 6, 2023.

Apollo CEO Marc Rowan calls on University of Pennsylvania donors to send just $1 in protest until two leaders resign over anti-Semitism allegations

By Chloe TaylorOctober 12, 2023

Iranian Supreme Leader Ali Khamenei

With Israel and Gaza at war, there’s no smoking gun pointing to Iran yet, but that doesn’t stop some from seeing it

By Paolo Confino and Nick LichtenbergOctober 11, 2023

Israel hostage vigil

Israel has no good options for dealing with Hamas’ hostage-taking in Gaza, security expert says

By James Forest and The ConversationOctober 11, 2023

Uber’s response to the 2021 Israel-Palestine conflict is a master class for companies taking a stand on the war

Uber’s response to the 2021 Israel-Palestine conflict is a master class for companies taking a stand on the war

By Ruth UmohOctober 11, 2023

The war in Israel is already an issue inside workplaces. Here’s how leaders can talk about it with employees

The war in Israel is already an issue inside workplaces. Here’s how leaders can talk about it with employees

By Lila MacLellanOctober 10, 2023

Mohammed bin Salman

Saudi media, officials revert to familiar positions on Israel as regional tensions heat up—but that doesn’t mean a deal is dead in the water

By Mohamed El AassarOctober 9, 2023

Gaza mosque

50 years and a day after being caught off guard in the Yom Kippur War, Israel goes back to the scary ’70s in the stunning Hamas attack

By Dov Waxman and The ConversationOctober 9, 2023

What Israel-Hamas war means for oil prices: ‘There is definitely going to be a fear trade put in place’

What Israel-Hamas war means for oil prices: ‘There is definitely going to be a fear trade put in place’

By Steve MollmanOctober 8, 2023

Why Iran is the big winner from Hamas’ massive shock attack on Israel, according to Air Force analyst of Middle East affairs

Why Iran is the big winner from Hamas’ massive shock attack on Israel, according to Air Force analyst of Middle East affairs

By Aaron Pilkington and The ConversationOctober 8, 2023

Photo of Bill Ackman

Business community shocked and outraged by attack on Israel: ‘Terrorism loves a leadership vacuum and we have created one’

By Steve MollmanOctober 8, 2023

Photo of Elon Musk

Elon Musk says ‘sorry to see what’s happening in Israel’ after surprise attacks by Hamas

By Steve MollmanOctober 7, 2023

Ben Stokes of England celebrates scoring 100 runs during day 2 of the 3rd Test match between South Africa and England at St Georges Park on January 17, 2020 in Port Elizabeth, South Africa.

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By Chloe TaylorSeptember 1, 2023

Move over, Dubai: Riyadh Air’s CEO is building an airline from scratch in hopes of transforming Saudi Arabia into the hottest new tourist destination

Move over, Dubai: Riyadh Air’s CEO is building an airline from scratch in hopes of transforming Saudi Arabia into the hottest new tourist destination

By Phil WahbaAugust 22, 2023

Saudi Arabia’s stunning sports summer offers ‘quicker movement on the sort of ideological maneuvering that sportswashing is so much about’

Saudi Arabia’s stunning sports summer offers ‘quicker movement on the sort of ideological maneuvering that sportswashing is so much about’

By Paolo ConfinoJuly 30, 2023

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By Aline DaoudDecember 19, 2022

Qatar just spat in the face of Budweiser’s $75 million World Cup sponsorship

Qatar just spat in the face of Budweiser’s $75 million World Cup sponsorship

By Steve MollmanNovember 18, 2022

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‘Each passing day life is becoming unbearable’: How Putin’s war in Ukraine is wreaking economic havoc from Pakistan to Sri Lanka and destabilizing governments worldwide

By Yvonne LauAugust 27, 2022

Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum

The crown prince of Dubai says he has a ‘metaverse strategy’ that will add 40,000 jobs and $4 billion to the economy in 5 years

By Marco Quiroz-GutierrezJuly 19, 2022

Why the Fed’s huge policy shift on inflation could be rocket fuel for stocks

Why the Fed’s huge policy shift on inflation could be rocket fuel for stocks

By Bernhard WarnerAugust 28, 2020

Investors ride the Big Tech rally even as COVID cases and unemployment spike

Investors ride the Big Tech rally even as COVID cases and unemployment spike

By Bernhard WarnerAugust 21, 2020

The S&P 500 is on its best bull run in 87 years. Here’s why

The S&P 500 is on its best bull run in 87 years. Here’s why

By Bernhard WarnerAugust 14, 2020

EGYPT-US-DIPLOMACY

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By Renae ReintsJanuary 10, 2019

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For Saudi Arabia, Deep and Lasting Ramifications for Khashoggi Debacle

By Vivienne WaltOctober 19, 2018

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U.S. and France Implement Sanctions to Fight Chemical Warfare in Syria

By Renae ReintsJuly 25, 2018

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Uber Might Be Merging Another One of Its International Divisions With a Competitor

By Natasha BachJuly 4, 2018

Here Are the Most Expensive Cities for Expatriates in 2018

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By Sarah GrayJune 26, 2018

The Richest Man in the Middle East Might Be Forced Pay $6 Billion for His Freedom

The Richest Man in the Middle East Might Be Forced Pay $6 Billion for His Freedom

By Emily PriceDecember 23, 2017

Pope Francis Weighs in With Jerusalem Embassy Warning

Pope Francis Weighs in With Jerusalem Embassy Warning

By Fortune Editors and ReutersDecember 6, 2017

Deputy Crown Prince of Saudi Arabia Mohammad bin Salman Al Saud press conference in Riyadh

Saudi Crown Prince Says Iran’s Leader Is ‘the New Hitler’ of the Middle East

By ReutersNovember 24, 2017

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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

Personal Finance

Current price of oil as of September 1, 2026

placeholder alt text

By Joseph HostetlerSeptember 1, 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

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