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Airbnb CEO Brian Chesky says ‘founder mode’ cost him almost his entire executive team: ‘They left or they didn’t want to work for me’

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Appeals court tosses lawsuit over Mamdani’s pied-à-terre tax rollout, ruling homeowners can’t sue over notices

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Current price of oil as of November 5, 2026

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Airbnb CEO Brian Chesky says ‘founder mode’ cost him almost his entire executive team: ‘They left or they didn’t want to work for me’

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Appeals court tosses lawsuit over Mamdani’s pied-à-terre tax rollout, ruling homeowners can’t sue over notices

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Current price of oil as of November 5, 2026
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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.
‘The opportunity outweighs the challenge’: Bahrain leads drive to restore tourism in the Gulf after eight months of conflict and collapsing visitor numbers 
‘The opportunity outweighs the challenge’: Bahrain leads drive to restore tourism in the Gulf after eight months of conflict and collapsing visitor numbers 

The six members of the Gulf Cooperation Council are betting on multi-country trips to revive a tourism market that generated over $130 billion last year.

By Inzamam RashidNovember 4, 2026
ADNOC to expand AI use across its operations to strengthen resilience
ADNOC to expand AI use across its operations to strengthen resilience
By Melissa HancockNovember 4, 2026
Despite the tensions of war, ex-Barclays CEO Bob Diamond is long Gulf. Here’s why 
Despite the tensions of war, ex-Barclays CEO Bob Diamond is long Gulf. Here’s why 
By Kamal AhmedNovember 3, 2026
As Trump eyes new attack, Iran vows to retaliate beyond the Mideast and target financial assets, while oil markets brace for generational damage
As Trump eyes new attack, Iran vows to retaliate beyond the Mideast and target financial assets, while oil markets brace for generational damage
By Jason MaNovember 1, 2026
How Dubai is using data and AI to build the city of the future
How Dubai is using data and AI to build the city of the future
By Melissa HancockOctober 28, 2026
Global AI leaders gather in Dubai as the emirate expands its ambitions 
Global AI leaders gather in Dubai as the emirate expands its ambitions 
By Melissa HancockOctober 28, 2026
Latest stories from Fortune
More Middle EastPage 11 of 22
Fortune Archives: Iran’s heartbreakingly brief startup spring
Newsletters
Fortune Archives: Iran’s heartbreakingly brief startup spring
By Indrani SenMarch 8, 2026
Forget the U.S. Navy. The best protection for ships traveling through the Strait of Hormuz may be claiming to be a ‘Chinese’ or ‘Muslim’ vessel
Energy
Forget the U.S. Navy. The best protection for ships traveling through the Strait of Hormuz may be claiming to be a ‘Chinese’ or ‘Muslim’ vessel
By Jason MaMarch 7, 2026
An explosion in Tehran.
Energy
Oil and gas shutdowns in Iraq and Kuwait widen the Iran war’s impact on energy prices, while the U.S. lines up insurance and naval escorts in response
By Jordan BlumMarch 7, 2026
Saad Sherida al-Kaabi, Qatar's Energy Minister
Energy
Iran conflict could ‘bring down the economies of the world,’ warns one of the Middle East’s biggest energy exporters
By Tristan BoveMarch 6, 2026
iran
Commentary
Bypassing Hormuz: how technology, not territory, will win the new energy war
By Siddharth MisraMarch 6, 2026
Photo: US President Donald Trump during an event with Inter Miami CF in the East Room of the White House in Washington, DC, US, on Thursday, March 5, 2026. Inter Miami CF is visiting the White House to celebrate their 2025 championship win.
Politics
Iran is turning out to be a more effective enemy than many thought, and U.S. allies are losing their patience with the war
By Jim EdwardsMarch 6, 2026
The President is surprised by the lack of European support for military action against Iran—he shouldn’t be
Europe
The President is surprised by the lack of European support for military action against Iran—he shouldn’t be
By Kamal AhmedMarch 6, 2026
hegseth
Middle East
Pete Hegseth called it ‘quiet death’—the first time a U.S. sub fired a torpedo and hit an enemy ship since the 1940s
By James Dwyer and The ConversationMarch 6, 2026
hormuz
Commentary
Hung up on Hormuz: the old-world order of oil was just shattered by the closing of Iran’s key global chokepoint
By Siddharth MisraMarch 6, 2026
An older and younger man embrace at an airport.
Middle East
23,000 canceled flights and debris raining on Dubai hotels: The Iran war is jeopardizing the $12 trillion global travel industry
By Sasha RogelbergMarch 6, 2026
Paul Krugman speaking while seated on stage.
Middle East
The Iran conflict will be the ’straw that breaks the camel’s back’ for the U.S. economy if it goes on much longer, Nobel laureate Paul Krugman warns
By Tristan BoveMarch 6, 2026
trump
Energy
Trump has been pushing India to stop buying Russian oil, but he just cut off their massive supply from Iran
By Anton L. Delgado, Aniruddha Ghosal and The Associated PressMarch 5, 2026
trump
Politics
Former Trump official on White House’s ‘challenge’ with standard practice of agreeing a rationale to go to war
By Laurie Kellman, Farnoush Amiri and The Associated PressMarch 5, 2026
iran
Politics
Trump says ‘I have to be involved’ in choosing next Iran leader, ‘like with Delcy in Venezuela’
By Jon Gambrell, David Rising, Elena Becatoros, Samy Magdy and The Associated PressMarch 5, 2026
Photo: Volunteers stand amid the debris of destroyed buildings at the site of an Israeli airstrike in the southern Lebanese city of Nabatieh on March 5, 2026. Israel launched on March 5 a fresh wave of strikes on Iran, which stepped up its attacks on Gulf nations Qatar and Bahrain, as the Middle East war spread throughout the region and beyond. (Photo by Mouhammad al-ZANATY / AFP)
Politics
In the Iran war, it’s not the oil that’s important—it’s the water
By Jim EdwardsMarch 5, 2026
A family sits against the backdrop of a dockyard off coast city of Fujairah, in the Strait of Hormuz in the northern Emirate on February 25, 2026. (Photo by Giuseppe CACACE / AFP via Getty Images)
Energy
Trump pledged the ‘free flow of energy’ from the Middle East, and he has a week to show progress before prices really spike again
By Jordan BlumMarch 5, 2026
President Donald Trump gesturing during his State of the Union address
Middle East
Despite a $200 billion price tag, Trump admits the Iran war could just swap one bad leader for another
By Tristan BoveMarch 4, 2026
mossadegh
Commentary
One key difference on America and Iran, then and now: the CIA had a plan for what would happen in 1953
By Gregory F. Treverton and The ConversationMarch 4, 2026
iran
Politics
Meet Mojtaba Khamenei, ‘the power behind the robes’ and presumptive favorite to assume power as Iran’s Supreme Leader
By Jon Gambrell and The Associated PressMarch 4, 2026
dubai
Politics
The hottest ticket in Dubai is a $200,000 spot on a private jet out of town
By Simina Mistreanu, Stefanie Dazio and The Associated PressMarch 4, 2026
Wilbur Ross, former US commerce secretary.
Middle East
The U.S. has shown China and Russia ‘who really is a military power,’ says Trump’s ex–commerce secretary. Don’t expect them to get involved in Iran
By Eleanor PringleMarch 4, 2026
iran
Politics
Iran’s revenge: drones damage data centers for Amazon Web Services, reveal west’s Achilles Heel
By Kelvin Chan and The Associated PressMarch 3, 2026
Trump sits and gestures.
Politics
Trump threatens Spain with trade war after it refuses to roll over and lend its army bases to the Iran effort
By Fatima Hussein, Suman Naishadham and The Associated PressMarch 3, 2026
A view of the liquefied natural gas (LNG) production facility in Qatar's Ras Laffan Industrial City. Photo: Stringer/dpa (Photo by Stringer/picture alliance via Getty Images)
Energy
U.S. oil and gas exporters can’t fill the Middle East supply gap, but Trump’s pledge to insure and protect tankers stems the tide on surging prices
By Jordan BlumMarch 3, 2026
Trump’s strike on Iran and the new breed of AI wars mean bombs can drop faster than the speed of thought
AI
Trump’s strike on Iran and the new breed of AI wars mean bombs can drop faster than the speed of thought
By Jake AngeloMarch 3, 2026
Economist Mohamed El-Erian
Economy
Top economist Mohamed El-Erian warns of stagflation gripping the entire world economy the longer the Iran war goes on
By Tristan BoveMarch 3, 2026
Why the stock market thinks the Iran war will last 4 weeks, according to Goldman’s head of oil research
Energy
Why the stock market thinks the Iran war will last 4 weeks, according to Goldman’s head of oil research
By Nick LichtenbergMarch 3, 2026
Photo of Jamie Dimon
Economy
Jamie Dimon has a feeling inflation will be the ‘skunk at the party’—and the Iran conflict may already be enough to scare off the Fed for good
By Eleanor PringleMarch 3, 2026
The Strait of Hormuz is a critical choke point for global energy markets, but there are ways to get around it
Energy
The Strait of Hormuz is a critical choke point for global energy markets, but there are ways to get around it
By Jason MaMarch 2, 2026
trump
Middle East
Trump’s strikes on Iran could cost American economy as much as $210 billion, top budget expert says
By Nick LichtenbergMarch 2, 2026
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Startups & Venture
Airbnb CEO Brian Chesky says ‘founder mode’ cost him almost his entire executive team: ‘They left or they didn’t want to work for me’placeholder alt text
By Tatiana SatauaNovember 4, 2026
Law
Appeals court tosses lawsuit over Mamdani’s pied-à-terre tax rollout, ruling homeowners can’t sue over noticesplaceholder alt text
By Catherina GioinoNovember 4, 2026
Personal Finance
Current price of oil as of November 5, 2026placeholder alt text
By Joseph HostetlerNovember 5, 2026
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