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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 3 of 22
Shipping transits slow to a trickle as Strait of Hormuz faces “worst-case scenario” 
Newsletters
Shipping transits slow to a trickle as Strait of Hormuz faces “worst-case scenario” 
By Melissa HancockJuly 21, 2026
Markets brace for return to all-out war in Iran amid rising U.S. death toll, while former NATO commander warns Suez Canal could be next
Middle East
Markets brace for return to all-out war in Iran amid rising U.S. death toll, while former NATO commander warns Suez Canal could be next
By Jason MaJuly 19, 2026
U.S. military announces the death of another service member, blaming the ‘controlled detonation’ of a downed Iranian drone in Iraq
Middle East
U.S. military announces the death of another service member, blaming the ‘controlled detonation’ of a downed Iranian drone in Iraq
By Jon Gambrell, Sam Metz, Ben Finley and The Associated PressJuly 19, 2026
The world is looking ahead toward a post-Iran oil market that offsets most Hormuz volumes in a few years as ships reject a U.S.-backed alternate route
Middle East
The world is looking ahead toward a post-Iran oil market that offsets most Hormuz volumes in a few years as ships reject a U.S.-backed alternate route
By Jason MaJuly 19, 2026
Iran claims U.S. hit its nuclear site — satellite images show mostly dirt. But return to all-out war is nearly inevitable
Middle East
Iran claims U.S. hit its nuclear site — satellite images show mostly dirt. But return to all-out war is nearly inevitable
By Jon Gambrell, Sam Metz and The Associated PressJuly 19, 2026
Iran just crossed Trump’s red line for resuming all-out war as fighting continues to escalate with no end in sight
Middle East
Iran just crossed Trump’s red line for resuming all-out war as fighting continues to escalate with no end in sight
By Jason MaJuly 18, 2026
U.S. military launches new airstrikes to ‘swiftly punish’ Iran for attack on Jordan that killed American troops
Middle East
U.S. military launches new airstrikes to ‘swiftly punish’ Iran for attack on Jordan that killed American troops
By Jon Gambrell, Toqa Ezzidin, Konstantin Toropin and The Associated PressJuly 18, 2026
Amid the Gulf’s increasingly competitive landscape, Bahrain is carving out a distinct investment strategy
Middle East
Amid the Gulf’s increasingly competitive landscape, Bahrain is carving out a distinct investment strategy
By Melissa HancockJuly 14, 2026
Bahrain EDB bids to win investors despite mounting headwinds 
Newsletters
Bahrain EDB bids to win investors despite mounting headwinds 
By Melissa HancockJuly 14, 2026
Trump takes a page from Iran’s playbook on the Strait of Hormuz, leveraging U.S. influence over the contested chokepoint to generate revenue
Middle East
Trump takes a page from Iran’s playbook on the Strait of Hormuz, leveraging U.S. influence over the contested chokepoint to generate revenue
By Jason MaJuly 13, 2026
The ‘facade’ of the U.S.-Iran ceasefire crumbles after largest round of fighting in months — ‘an undeclared naval war can escalate’
Middle East
The ‘facade’ of the U.S.-Iran ceasefire crumbles after largest round of fighting in months — ‘an undeclared naval war can escalate’
By Jason MaJuly 12, 2026
The U.S. and Iran can’t agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
Middle East
The U.S. and Iran can’t agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
By Jason MaJuly 11, 2026
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
Middle East
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
By Jason MaJuly 10, 2026
OPEC+ to pump more oil as market fears shift from shortage to glut 
Newsletters
OPEC+ to pump more oil as market fears shift from shortage to glut 
By Melissa HancockJuly 7, 2026
From missiles to malware: Why the Gulf is stepping up its operational resilience 
Cybersecurity
From missiles to malware: Why the Gulf is stepping up its operational resilience 
By Melissa HancockJuly 7, 2026
Mark Zandi, Moody's chief economist.
Economy
‘It’s fair to ask whether it was worth it’: The Iran war has cost Americans $1,000 per household—and that’s a conservative estimate, Mark Zandi says
By Tristan BoveJuly 1, 2026
DHL plane being refuelled at airport by man in high-vis jacket
Europe
The Iran conflict saw jet fuel prices soar—when you use 1.88 million tonnes a year, how you respond really matters (just ask DHL)
By Sam ForsdickJuly 1, 2026
Gulf bond markets extend their rally despite uncertain outlook
Newsletters
Gulf bond markets extend their rally despite uncertain outlook
By Melissa HancockJune 30, 2026
GCC debt markets have rallied since the ceasefire, but tight liquidity remains a key hurdle 
Middle East
GCC debt markets have rallied since the ceasefire, but tight liquidity remains a key hurdle 
By Melissa HancockJune 30, 2026
U.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran
Politics
U.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran
By Jon Gambrell, Josh Boak and The Associated PressJune 29, 2026
Photo: Kevin Warsh
Economy
President Trump will not get what he wants from Kevin Warsh, a source tells us, as inflation will force the Fed upwards
By Jim EdwardsJune 29, 2026
Markets feel relief as the U.S. and Iran agree to a ceasefire on their earlier ‘ceasefire’ that was looking at lot like a war over Hormuz
Energy
Markets feel relief as the U.S. and Iran agree to a ceasefire on their earlier ‘ceasefire’ that was looking at lot like a war over Hormuz
By Jason MaJune 28, 2026
Iran is forcing the U.S. into an escalation trap as a ‘shadow war’ over the Strait of Hormuz heats up that could kill the tenuous ceasefire
Politics
Iran is forcing the U.S. into an escalation trap as a ‘shadow war’ over the Strait of Hormuz heats up that could kill the tenuous ceasefire
By Jason MaJune 28, 2026
Iran attacks Bahrain and Kuwait in response to U.S. airstrikes and threatens a ‘complete halt’ in peace talks as fighting over Hormuz continues
Politics
Iran attacks Bahrain and Kuwait in response to U.S. airstrikes and threatens a ‘complete halt’ in peace talks as fighting over Hormuz continues
By Jon Gambrell, Melanie Lidman and The Associated PressJune 28, 2026
Forget the ceasefire — The U.S. and Iran are still locked in combat over the Strait of Hormuz as Tehran tries to shut down a competing route
Middle East
Forget the ceasefire — The U.S. and Iran are still locked in combat over the Strait of Hormuz as Tehran tries to shut down a competing route
By Jason MaJune 27, 2026
U.S. aircraft attack Iran in response to drone strike on cargo ship that Tehran called ‘ceasefire management’ as both sides wrestle for Hormuz control
Politics
U.S. aircraft attack Iran in response to drone strike on cargo ship that Tehran called ‘ceasefire management’ as both sides wrestle for Hormuz control
By Collin Binkley, Jon Gambrell and The Associated PressJune 26, 2026
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
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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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