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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 18 of 21
Al-Waleed bin Talal in Jordan
Leadership
Major Saudi Tech Investor Arrested in Broad Purge
By David Z. MorrisNovember 5, 2017
Riyadh’s King Abdullah Petroleum Studies and Research Center, designed by Zaha Hadid Architects.
Design Thinking
Zaha Hadid Architects’ New Energy Research Centre Is Fit For A King
By WallpaperOctober 24, 2017
IRAQ-KURDS-CONFLICT
Energy
A Middle East Dilemma for the U.S. as Iraqi Troops Attack Kurdish Forces
By Fortune Editors and ReutersOctober 16, 2017
The Dubai Marina is seen from above
Real Estate
This is the First Real Estate Development to Accept Bitcoin as Payment
By ReutersSeptember 5, 2017
U.S. Airline Industry Struggles Through Turbulent Times
Tech
U.S. to Review Remaining Middle East Airlines Under Laptop Ban
By ReutersJuly 11, 2017
Bic Camera Akihabara Store Grand Opening
Middle East
U.S. Lifts Laptop Ban on Inbound Flights From Abu Dhabi
By Fortune Editors and ReutersJuly 3, 2017
An Emirates Airbus A380 plane.
Middle East
Emirates Is Working to Overturn the Laptop Ban on Middle East Flights
By ReutersJune 29, 2017
Passengers At The Dubai International Airport
Middle East
Airplane Laptop Ban Is Slowing Growth of Middle Eastern Airlines
By ReutersJune 1, 2017
US-SAUDI-ISLAMIC-SUMMIT-TRUMP
Leadership
Exhausted President Trump Visits Israel in Search of Revived Peace Process
By ReutersMay 22, 2017
SAUDI-ECONOMY-FINANCE-STOCK
Finance
U.S. 9/11 Lawsuit Against Saudi Banks Drags on Index
By ReutersApril 16, 2017
5 Signs President Trump Leads Like a Middle East Dictator
Commentary
5 Signs President Trump Leads Like a Middle East Dictator
By Brian KatulisApril 5, 2017
Emirates Airbus A380 landing
Middle East
Flights From the Middle East to Australia Get Extra Security Screening
By Lucinda ShenApril 3, 2017
Vice.com Launch Party
Tech
Vice Is Bringing Its Journalism Style to Middle East Millennials
By ReutersMarch 29, 2017
Amazon's Jeff Bezos Introduces Kindle 2 At NYC Press Conference
Tech
Amazon Plans a Big Acquisition in the Middle East
By ReutersMarch 22, 2017
Young woman taking a picture on an airplane
Tech
Security Experts Question Wisdom of Airline Electronics Ban
By ReutersMarch 21, 2017
Travellers Depart From London Heathrow Airport As British Airways Cabin Crew Call Off Christmas Strikes
Tech
U.K. Expected to Impose Similar Electronic Restrictions For Some Flights
By ReutersMarch 21, 2017
Young woman taking a picture on an airplane
Tech
Trump’s New Device Ban on Airplanes: What You Need to Know
By Jeff John RobertsMarch 21, 2017
Passengers At The Dubai International Airport
Middle East
U.S. Bans Large Electronics on Flights From 10 Airports in Middle East and North Africa
By ReutersMarch 21, 2017
U.S. President Donald Trump Meets With Saudi Arabia's Defense Minister Mohammed Bin Salman
Leadership
Trump’s Meeting with the Saudi Prince Is Being Praised as a ‘Historical Turning Point’
By Reuters and Michelle TohMarch 15, 2017
UAE-POLITICS-GOVERNMENT-SUMMIT-TECHNOLOGY-TRANSPORT
Finance
Dubai Holding Chairman Resigns to Focus on Government Role
By ReutersFebruary 25, 2017
Donald Trump Holds Joint Press Conference With Israeli PM Netanyahu
Middle East
Trump Backs Away From a Two-State Solution in the Middle East After Meeting Netanyahu
By ReutersFebruary 16, 2017
'Vienna Autoshow 2017' Press Conference
Tech
Get Ready for Tesla Taxis in Dubai
By ReutersFebruary 14, 2017
IRAQ-US-POLITICS-DIPLOMACY
Middle East
Iraq Threatens Ban on U.S. Citizens, Putting the Fight Against ISIS at Risk
By TIMEJanuary 29, 2017
Dozens Barred From Flying Out of Istanbul Airport after Trump Ban
Middle East
Dozens Barred From Flying Out of Istanbul Airport after Trump Ban
By ReutersJanuary 29, 2017
Donald Trump Addresses Republican Retreat In Philadelphia
Leadership
These Countries with Business Links to Trump Aren’t Part of His Immigration Ban
By Joseph HincksJanuary 27, 2017
US-VOTE-TRUMP
Leadership
The 10 Biggest Risks the World Faces in 2017
By Madeline FarberJanuary 4, 2017
FRANCE-PALESTINIAN-DIPLOMACY
Leadership
France Postpones Middle East Peace Conference to January
By ReutersDecember 17, 2016
Erbil oil refinery
Economy
This War-Torn Country’s Economy Is Expected to Grow by 7.2% This Year
By Tekendra ParmarNovember 28, 2016
Ceasefire in liberated districts of Syrian capital, Damascus
Commentary
What the Middle East Needs Now from America
By Thomas J. Barrack Jr.October 22, 2016
A still image from a video posted on social media shows a boy with bloodied face sitting in an ambulance, after an airstrike
Middle East
What Life is Like for the Children of War-Torn Aleppo
By Kate Samuelson and TIMEAugust 20, 2016
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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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