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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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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’
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China is beating Germany at its own game of making highly engineered machinery and Europe is struggling to keep up
By The Associated Press and David McHughSeptember 2, 2026
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Anthropic pauses some AI training following rogue agent hacks. Here’s how its compares to OpenAI’s.
By Beatrice NolanSeptember 2, 2026
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By Sheryl EstradaSeptember 2, 2026
Stripe is giving off early Google vibes—for good and for bad
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More Middle EastPage 19 of 21
Decoding Trump’s Immigration Plan and What It Means for Employers
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Decoding Trump’s Immigration Plan and What It Means for Employers
By Ben GeierAugust 17, 2016
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Turkey Ruling, Opposition Parties Rally Together After Coup
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Turkish President Gains Upper Hand in Power Struggle
By ReutersJuly 24, 2016
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Middle East
Turkey’s Erdogan Shuts Schools, Charities in First State of Emergency Decree
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Saudi Seeks International Investors for Two Solar Plants
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Boston Market Is Entering the Chicken Sandwich War
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Boston Market Is Entering the Chicken Sandwich War
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A combine harvester and a tractor with trailers work after sunset on a wheat field at the Solgonskoye farming company in the village of Solgon, southwest from Krasnoyarsk
Energy
Russian Hopes for Iran Trade Boom Run Aground at Caspian Port
By ReutersJune 5, 2016
Taxi Drivers Protest Possible Uber Expansion In NYC
Tech
Uber Raises $3.5 Billion From Saudi Arabia
By Kia KokalitchevaJune 1, 2016
Abercrombie and Fitch's Manhattan flagship store on 5th Avenue in New York, U.S., on Tuesday, May 26, 2015.  Photographer: Craig Warga/Bloomberg *** Local Caption ***
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Abercrombie and Fitch Is Expanding Further Into the Middle East
By Lucinda ShenMay 9, 2016
US President Barack Obama  in Saudi Arabia
Energy
Why America’s ‘Special’ Relationship With Saudi Arabia Is On the Rocks
By Vivienne Walt and Aaron TaskApril 22, 2016
This New Tower in Dubai Could Be The World’s Tallest
Middle East
This New Tower in Dubai Could Be The World’s Tallest
By John KellApril 11, 2016
This Fragile Iraqi Dam Could Pose a Bigger Threat Than ISIS
Energy
This Fragile Iraqi Dam Could Pose a Bigger Threat Than ISIS
By TIMEMarch 26, 2016
Vladimir Putin Attends State Council Presidium Meeting
Leadership
Russia Is Pulling Its Military out of Syria
By TIMEMarch 15, 2016
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This Is How ISIS Makes Its Money
By Robert HackettMarch 3, 2016
The rebellion that launched the Arab Spring is named after Tunisia's yellow state flower. Protests broke out in Tunisia in late 2010, sparked by a street vendor setting himself on fire. The discontent spread to other nations in North Africa and the Middle East, leading to uprisings in Egypt and Libya, and an ongoing civil war in Syria.
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What Black Lives Matter Can Learn from the Arab Spring
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What Saudi Arabia’s Spat With Iran Means for the U.S.
By Robert M. DaninJanuary 6, 2016
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Here’s Why Saudi Arabia and Iran Are at Each Other’s Throats
By Geoffrey SmithJanuary 4, 2016
World Stock Markets Reel From China, Saudi Shocks
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By Geoffrey SmithJanuary 4, 2016
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Saudi Arabia Cuts Ties With Iran
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By Michal AddadyAugust 31, 2015
Iranian Carmaker Khodro Expects Improvement From Geneva Easing Of Sanctions
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By The ConversationAugust 11, 2015
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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 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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