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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

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Hilton received 12,000 Gen Z applications for just 72 internship spots—its CHRO says AI has made the hospitality gigs more competitive

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

3

Hilton received 12,000 Gen Z applications for just 72 internship spots—its CHRO says AI has made the hospitality gigs more competitive
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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.
China suffers another setback in effort to de-dollarize global finance as anchor in the greenback’s dominance quietly exits Beijing’s payment scheme
China suffers another setback in effort to de-dollarize global finance as anchor in the greenback’s dominance quietly exits Beijing’s payment scheme

Saudi Arabia’s central bank dropped out of China’s mBridge digital payment platform last year.

By Jason MaSeptember 21, 2026
Iran’s economy faces another blockade: Red tape and gridlock are clogging up land routes that bypass the U.S. Navy’s Hormuz stranglehold
Iran’s economy faces another blockade: Red tape and gridlock are clogging up land routes that bypass the U.S. Navy’s Hormuz stranglehold
By Jason MaSeptember 20, 2026
The Gulf’s female startup ecosystem is flourishing. So, where’s the funding?  
The Gulf’s female startup ecosystem is flourishing. So, where’s the funding?  
By Melissa HancockSeptember 16, 2026
The Middle East’s female founders are on the rise. Why isn’t the funding following?
The Middle East’s female founders are on the rise. Why isn’t the funding following?
By Melissa HancockSeptember 16, 2026
Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude’s other chokepoint
Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude’s other chokepoint
By Jason MaSeptember 11, 2026
Saudi’s Humain turns to outside investment as the kingdom reins in fiscal spending 
Saudi’s Humain turns to outside investment as the kingdom reins in fiscal spending 
By Melissa HancockSeptember 9, 2026
Latest stories from Fortune
More Middle EastPage 3 of 21
A man pumps his car with gas.
Economy
U.S. companies swallowed the oil shock. They’re not sure they can do it again
By Sasha RogelbergJune 25, 2026
The Iran war is accelerating the EV transition faster than any climate policy ever did—but it’s still just not that much
Energy
The Iran war is accelerating the EV transition faster than any climate policy ever did—but it’s still just not that much
By Catherina GioinoJune 25, 2026
Trump’s Iran war provoked the Senate enough to get it to symbolically vote to curb his war powers for the first time
Politics
Trump’s Iran war provoked the Senate enough to get it to symbolically vote to curb his war powers for the first time
By The Associated PressJune 24, 2026
Iran keeps contradicting Trump on whether it agreed to nuclear inspections, but he says there’s no rush anyway
Middle East
Iran keeps contradicting Trump on whether it agreed to nuclear inspections, but he says there’s no rush anyway
By Munir Ahmed, David Rising, Jon Gambrell and The Associated PressJune 24, 2026
Trump, Rubio, and Hegseth sit next to each other at a dark wooden table.
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
iran
Energy
The Strait of Hormuz is ‘open’ — but it’s mined, half-empty, and subject to tolls both sides say they might charge
By Wyatte Grantham-Philips, Mae Anderson and The Associated PressJune 23, 2026
Saudi PIF’s governor wants the kingdom to become a global investment center
Newsletters
Saudi PIF’s governor wants the kingdom to become a global investment center
By Melissa HancockJune 23, 2026
Saudi Aramco’s chairman calls for “energy realism” 
Middle East
Saudi Aramco’s chairman calls for “energy realism” 
By Melissa HancockJune 23, 2026
Dow futures drop as first day of U.S.-Iran talks sees Trump threaten Tehran on Hormuz: ‘You close it and you won’t have a country’
Energy
Dow futures drop as first day of U.S.-Iran talks sees Trump threaten Tehran on Hormuz: ‘You close it and you won’t have a country’
By Jason MaJune 21, 2026
Oil keeps flowing through Hormuz despite Iran saying it’s shut
Energy
Oil keeps flowing through Hormuz despite Iran saying it’s shut
By Weilun Soon, Julian Lee and BloombergJune 21, 2026
Vice President JD Vance heads to Switzerland for talks with Iran but says he will only be there ‘for a day or two’
Middle East
Vice President JD Vance heads to Switzerland for talks with Iran but says he will only be there ‘for a day or two’
By Kareem Chehayeb, Bassem Mroue, Seung Min Kim, Munir Ahmed and The Associated PressJune 20, 2026
Shipping companies will decide when the Strait of Hormuz is truly open—not the U.S. or Iran—and the latest deal is already sowing confusion
Energy
Shipping companies will decide when the Strait of Hormuz is truly open—not the U.S. or Iran—and the latest deal is already sowing confusion
By Jason MaJune 20, 2026
Trump threatens to charge U.S. tolls in Strait of Hormuz for ‘services rendered as the Guardian Angel to the countries of the Middle East’
Energy
Trump threatens to charge U.S. tolls in Strait of Hormuz for ‘services rendered as the Guardian Angel to the countries of the Middle East’
By Kareem Chehayeb, Bassem Mroue, Munir Ahmed and The Associated PressJune 20, 2026
Iran floats ‘insurance fees’ and asserts control over Hormuz
Energy
Iran floats ‘insurance fees’ and asserts control over Hormuz
By Alex Longley, Alaric Nightingale, Ellen Milligan and BloombergJune 20, 2026
Iran closes Strait of Hormuz again, citing Israel’s attacks in Lebanon, and downplays delayed talks with U.S. that will begin in Switzerland
Middle East
Iran closes Strait of Hormuz again, citing Israel’s attacks in Lebanon, and downplays delayed talks with U.S. that will begin in Switzerland
By The Associated PressJune 20, 2026
The U.S. and Iran have signed a peace deal. How long will it take for oil flows in Asia to return to normal? 
Energy
The U.S. and Iran have signed a peace deal. How long will it take for oil flows in Asia to return to normal? 
By Angelica AngJune 19, 2026
‘Iran just basically put its wish list into this’: The Trump-Iran agreement gives Iran a free pass on nuclear treaty violations pending final deal
Middle East
‘Iran just basically put its wish list into this’: The Trump-Iran agreement gives Iran a free pass on nuclear treaty violations pending final deal
By Mia OsmonbekovJune 18, 2026
ursula
Energy
Europe’s $29 billion Iran War bill is driving a scramble for new energy routes
By Menelaos Hadjicostis and The Associated PressJune 18, 2026
We’ve now got the full text of the U.S.-Iran peace deal—and allies are appalled at the gains it hands to Iran
Banking
We’ve now got the full text of the U.S.-Iran peace deal—and allies are appalled at the gains it hands to Iran
By Jim EdwardsJune 18, 2026
g
North America
The G7 has some special lunchtime guests this year: Sam Altman, Demis Hassabis and Dario Amodei 
By Kelvin Chan and The Associated PressJune 17, 2026
The art of the bail: Iran got what it wanted. Did the U.S.? Everyone is judging Trump’s MIA MOU
Middle East
The art of the bail: Iran got what it wanted. Did the U.S.? Everyone is judging Trump’s MIA MOU
By Jim EdwardsJune 17, 2026
Vessels lie at anchor in the Strait of Hormuz off Iran's coast.
Energy
Filling up your car won’t feel normal until next summer, S&P says
By Tristan BoveJune 16, 2026
trump
Middle East
Iran, Trump have a common problem in their deal to end the war: Israel
By Jon Gambrell, Sam Metz, Samy Magdy and The Associated PressJune 16, 2026
U.S.-Iran interim deal: What could a Gulf bounce back look like?
Newsletters
U.S.-Iran interim deal: What could a Gulf bounce back look like?
By Melissa HancockJune 16, 2026
Gulf private credit opportunities shine amid global volatility 
Middle East
Gulf private credit opportunities shine amid global volatility 
By Melissa HancockJune 16, 2026
The jet fuel crisis never existed, sources say
Energy
The jet fuel crisis never existed, sources say
By Jim EdwardsJune 16, 2026
The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year
Energy
The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year
By Jason MaJune 15, 2026
Google CEO Sundar Pichai
Big Tech
Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI
By Tristan BoveJune 15, 2026
Iran emerges from war with its economy in free fall and inflation on some food items above 400%. If the regime doesn’t fix it, ‘there will be trouble’
Economy
Iran emerges from war with its economy in free fall and inflation on some food items above 400%. If the regime doesn’t fix it, ‘there will be trouble’
By Jason MaJune 15, 2026
wh
Middle East
The U.S. says Iran will give up its uranium. Iran says it won’t. They’re due to sign a deal on Friday
By Munir Ahmed, Will Weissert, Sam Mednick and The Associated PressJune 15, 2026
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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
By Preston ForeSeptember 20, 2026
Success
Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’placeholder alt text
By Preston ForeSeptember 20, 2026
Success
Hilton received 12,000 Gen Z applications for just 72 internship spots—its CHRO says AI has made the hospitality gigs more competitiveplaceholder alt text
By Emma BurleighSeptember 20, 2026
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