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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

1

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’

2

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 12 of 22
Commercial vessels in the Persian Gulf
Energy
Energy markets offer ‘relatively small reaction’ to Iran war, but prices could spike if oil and gas aren’t flowing by the end of the week
By Jordan BlumMarch 2, 2026
A woman stands with her hand on her hip as she pumps gas into her car.
Energy
Oil markets are bracing for $100 barrels and a redux of a 1970s-era crisis but ‘three times the scale,’ analyst warns
By Sasha RogelbergMarch 2, 2026
A commercial ship anchored off the coast of Dubai.
Energy
The war in Iran could lead to a ‘guaranteed global recession’ because of one chokepoint that is crucial to the world economy, analyst says
By Tristan BoveMarch 2, 2026
explosion in a middle eastern city
Crypto
A brief collapse in Bitcoin price echoes earlier geopolitical conflicts—but a rapid bounceback shows the long term impact of Iran strikes are unclear
By Carlos GarciaMarch 2, 2026
Iran’s Islamic Revolutionary Guard controls a sprawling business empire that dominates the economy
Middle East
Iran’s Islamic Revolutionary Guard controls a sprawling business empire that dominates the economy
By Jason MaMarch 2, 2026
iran
Politics
How the Oct. 7 attacks led to a multiyear destruction of Iran’s proxy militias
By Adam Geller, Abby Sewell and The Associated PressMarch 2, 2026
dubai
Politics
‘This is Dubai’s ultimate nightmare’: Missile strikes rock safe-haven status of the Las Vegas of the East
By Brian Melley and The Associated PressMarch 2, 2026
iran
Politics
War widens in Middle East with over 500 dead, according to Iranian Red Crescent Society
By Jon Gambrell, Melanie Lidman, Samy Magdy and The Associated PressMarch 2, 2026
European markets slide as Iran ‘war trade’ joins the global AI ‘scare trade’
Europe
European markets slide as Iran ‘war trade’ joins the global AI ‘scare trade’
By Kamal AhmedMarch 2, 2026
An intercepted projectile falls into the sea near Dubai's Palm Jumeirah archipelago on March 1, 2026. The United States and Israel launched strikes against Iran on February 28, killing Iran's supreme leader and top military leaders, prompting authorities to retaliate with strikes on Israel and US bases across the Gulf. (Photo by FADEL SENNA / AFP)
Energy
Stocks enter global selloff, but some on Wall Street are looking for assets that respond well to war
By Jim EdwardsMarch 2, 2026
Dow futures fall 350 points on U.S.-Iran conflict, but oil prices pare gains as Trump hints at sanctions relief for new leadership
Energy
Dow futures fall 350 points on U.S.-Iran conflict, but oil prices pare gains as Trump hints at sanctions relief for new leadership
By Jason Ma and Amanda GerutMarch 1, 2026
Asian aviation stocks plunge as Iran conflict forces airlines to cancel flights over Middle Eastern airspace
Asia
Asian aviation stocks plunge as Iran conflict forces airlines to cancel flights over Middle Eastern airspace
By Angelica AngMarch 1, 2026
A veiled Iranian woman holds her cellphone displaying a portrait of Iran's Supreme Leader, Ayatollah Ali Khamenei,
Cybersecurity
Cyber retaliation from Iran is a problem for U.S. companies — ‘It’s in the hands of a 19-year-old hacker in a Telegram room,’ ex-NSA operative says
By Amanda GerutMarch 1, 2026
iran
Politics
3 U.S. service members killed and 5 seriously wounded in Iran operation, after Trump warned of casualties
By Ben Finley and The Associated PressMarch 1, 2026
U.S. military gives Iran a taste of its own medicine with cheap copycat Shahed drones, while concern shifts to munitions supply in extended conflict
Middle East
U.S. military gives Iran a taste of its own medicine with cheap copycat Shahed drones, while concern shifts to munitions supply in extended conflict
By Jason MaMarch 1, 2026
As Iran attacks Dubai, the tax-free haven for the global elite could see ‘catastrophic’ fallout — ‘this can also send shockwaves globally’
Middle East
As Iran attacks Dubai, the tax-free haven for the global elite could see ‘catastrophic’ fallout — ‘this can also send shockwaves globally’
By Jason MaMarch 1, 2026
Oil prices soar 10% as tanker traffic halts near the Strait of Hormuz amid Iran attacks while IRGC warns against passage. ‘Our ships will stay put’
Energy
Oil prices soar 10% as tanker traffic halts near the Strait of Hormuz amid Iran attacks while IRGC warns against passage. ‘Our ships will stay put’
By Jason MaMarch 1, 2026
trump
Politics
Trump said ‘we must abandon the failed policy of nation building and regime change’ in 2016. So what changed?
By Tim Sullivan and The Associated PressMarch 1, 2026
khamenei
Politics
Weeks before his death, Iran’s 86-year-old Supreme Leader heard shouts of ‘Death to Khamenei’ and unleashed a bloody crackdown
By Lee Keath, Cara Anna and The Associated PressMarch 1, 2026
trump
Middle East
Top diplomat on Middle Eastern regime change as a losing game: ‘U.S. history in that area of the world is not good with this’
By Donald Heflin and The ConversationMarch 1, 2026
trump
Middle East
Former Trump security advisor sees no off-ramp this time around for Iran, Israel and America
By Javed Ali and The ConversationMarch 1, 2026
UN
Politics
Israel, U.S. stiff-arm U.N. during emergency Security Council meeting
By Edith M. Lederer, Farnoush Amiri and The Associated PressFebruary 28, 2026
massie
Politics
Thomas Massie among few Republicans to criticize Trump over war powers: ‘This is not ‘America First”
By Lisa Mascaro and The Associated PressFebruary 28, 2026
protest
Politics
A month before Iran strikes, Trump told Iranian protesters help was on the way amid a government crackdown
By Aamer Madhani, Josh Boak and The Associated PressFebruary 28, 2026
trump
Politics
Marjorie Taylor Greene rips Iran strikes as Trump betraying America First: ‘It’s always a lie and it’s always America Last’
By Steven Sloan and The Associated PressFebruary 28, 2026
lavrov
Politics
Russia accuses America of ‘pre-planned and unprovoked act of armed aggression’ against Iran
By Claudia Ciobanu, Sam McNeil, Sam Metz and The Associated PressFebruary 28, 2026
iran
Politics
American, Israeli strike on Iran came 2 days after latest talks, as theocracy struggled with nationwide protests
By Brian Melley and The Associated PressFebruary 28, 2026
khamenei
Politics
Iranian Supreme Leader Khamenei dies after major attack by Israel and the U.S., Iranian state media confirms
By Jon Gambrell, Melanie Lidman, Josh Boak, Eric Tucker and The Associated PressFebruary 28, 2026
Trump says U.S. will bomb Iran uninterrupted ‘as long as necessary’ to achieve peace in Mideast and the world after confirming Khamenei’s death
Middle East
Trump says U.S. will bomb Iran uninterrupted ‘as long as necessary’ to achieve peace in Mideast and the world after confirming Khamenei’s death
By Jason MaFebruary 28, 2026
Iran is now on ‘death ground’ amid existential threat from U.S. attacks and could ‘go big’ in retaliation, former NATO commander warns
Middle East
Iran is now on ‘death ground’ amid existential threat from U.S. attacks and could ‘go big’ in retaliation, former NATO commander warns
By Jason MaFebruary 28, 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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