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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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Elon Musk’s DOGE swiped $329 million in humanitarian funding from Nepal, leaving a Gen Z tech revolution to transform the budding country’s economy

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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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Elon Musk’s DOGE swiped $329 million in humanitarian funding from Nepal, leaving a Gen Z tech revolution to transform the budding country’s economy
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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.
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

“Under these circumstances, there is little alternative but to find a way to restore and maintain the southern trade corridors.”

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
Saudi’s Humain is planning an IPO and a $2.5 billion fund to fuel its expansion plans  
Saudi’s Humain is planning an IPO and a $2.5 billion fund to fuel its expansion plans  
By Melissa HancockSeptember 9, 2026
Latest stories from Fortune
More Middle EastPage 4 of 21
Markets celebrate U.S.-Iran deal as both sides confirm this time is real. Trump says oil will flow and ‘I never cared about regime change’
Energy
Markets celebrate U.S.-Iran deal as both sides confirm this time is real. Trump says oil will flow and ‘I never cared about regime change’
By Jason MaJune 14, 2026
Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
Energy
Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
By Cathy Bussewitz and The Associated PressJune 14, 2026
Trump says a deal has been reached with Iran and orders end to U.S. naval blockade as Hormuz to reopen — ‘Ships of the World, start your engines’
Politics
Trump says a deal has been reached with Iran and orders end to U.S. naval blockade as Hormuz to reopen — ‘Ships of the World, start your engines’
By Julia Frankel, Abby Sewell, Munir Ahmed, Will Weissert and The Associated PressJune 14, 2026
Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world’s top superpower can at least punch open a hole
Energy
Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world’s top superpower can at least punch open a hole
By Jason MaJune 14, 2026
Trump warns Israel and Iran not to ‘blow it’ after new strikes threaten ceasefire deal that he says will bring  peace to Lebanon
Middle East
Trump warns Israel and Iran not to ‘blow it’ after new strikes threaten ceasefire deal that he says will bring peace to Lebanon
By Julia Frankel, Abby Sewell, Munir Ahmed, Samy Magdy and The Associated PressJune 14, 2026
Israel strikes Hezbollah targets in Beirut, potentially complicating efforts to finalize a deal to end the U.S.-Iran war
Middle East
Israel strikes Hezbollah targets in Beirut, potentially complicating efforts to finalize a deal to end the U.S.-Iran war
By Julia Frankel, Abby Sewell, Munir Ahmed, Samy Magdy and The Associated PressJune 14, 2026
Trump expects to sign a deal with Iran on Sunday, but Tehran may want to avoid giving him a gift on his birthday
Middle East
Trump expects to sign a deal with Iran on Sunday, but Tehran may want to avoid giving him a gift on his birthday
By Jason MaJune 13, 2026
Trump says he’ll sign deal with Iran to reopen Hormuz Sunday
Politics
Trump says he’ll sign deal with Iran to reopen Hormuz Sunday
By Arsalan Shahla, Maria Paula Mijares Torres and BloombergJune 13, 2026
Trump to talk with allies at G7 summit in the coming week about removing mines from the Strait of Hormuz as deal to end Iran war nears
Politics
Trump to talk with allies at G7 summit in the coming week about removing mines from the Strait of Hormuz as deal to end Iran war nears
By Munir Ahmed, Samy Magdy, Aamer Madhani and The Associated PressJune 13, 2026
A deal to the end the U.S.-Iran war could be finalized within 24 hours. Tehran wants to charge ships crossing Hormuz ‘for services rendered’
Middle East
A deal to the end the U.S.-Iran war could be finalized within 24 hours. Tehran wants to charge ships crossing Hormuz ‘for services rendered’
By The Associated PressJune 13, 2026
U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
Energy
U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
By Jordan BlumJune 12, 2026
Elon Musk
Investing
When SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all
By Jim EdwardsJune 12, 2026
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
Economy
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
By Jim EdwardsJune 11, 2026
A man guides a ship in the water.
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
By Sasha RogelbergJune 10, 2026
Saudi economy redraws ambitions—‘going local’ is the new buzz phrase 
Middle East
Saudi economy redraws ambitions—‘going local’ is the new buzz phrase 
By Melissa HancockJune 10, 2026
The Gulf states are betting big on AI: who’s investing where?
Middle East
The Gulf states are betting big on AI: who’s investing where?
By Melissa HancockJune 9, 2026
SpaceX IPO means more to the Gulf than you might expect
Newsletters
SpaceX IPO means more to the Gulf than you might expect
By Melissa HancockJune 9, 2026
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO
AI
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO
By Jim EdwardsJune 9, 2026
The global airline industry’s profits could be cut in half as it braces for its worst year since the pandemic
Energy
The global airline industry’s profits could be cut in half as it braces for its worst year since the pandemic
By Marco Quiroz-GutierrezJune 8, 2026
Pope Leo receives seven-minute standing ovation after calling for the public’s ‘moral renewal’ to respect migrants
Politics
Pope Leo receives seven-minute standing ovation after calling for the public’s ‘moral renewal’ to respect migrants
By The Associated Press, Suman Naishadham and Nicole WinfieldJune 8, 2026
‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
Economy
‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
By Jim EdwardsJune 8, 2026
Iran fires missiles at Israel in first such bombardment since ceasefire as Trump says ‘I’m not happy about’ Israeli strikes on Lebanon
Middle East
Iran fires missiles at Israel in first such bombardment since ceasefire as Trump says ‘I’m not happy about’ Israeli strikes on Lebanon
By Kareem Chehayeb, Samy Magdy, Melanie Lidman and The Associated PressJune 7, 2026
The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides ‘naval overwatch’
Energy
The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides ‘naval overwatch’
By Jason MaJune 6, 2026
Why oil’s not at $200 after the biggest supply shock in history
Energy
Why oil’s not at $200 after the biggest supply shock in history
By Devika Krishna Kumar, Alex Longley, Yongchang Chin, Mia Gindis and BloombergJune 6, 2026
denton
Commentary
ICC Secretary General: The Hormuz clock that matters isn’t diplomatic — it’s agricultural
By John W.H. Denton AOJune 6, 2026
Elon Musk stares
Personal Finance
The S&P 500 will initially exclude SpaceX but Elon Musk is coming for your retirement savings anyway
By Jim EdwardsJune 5, 2026
Asia turns to U.S. oil and gas amid Iran war: ‘We get too much into that tree-hugging mode’
Energy
Asia turns to U.S. oil and gas amid Iran war: ‘We get too much into that tree-hugging mode’
By Jordan BlumJune 4, 2026
Trump tells Netanyahu, ‘You’re f—ing crazy’ and Wall Street sees it as a sign he’s losing patience with the war and wants it done
Investing
Trump tells Netanyahu, ‘You’re f—ing crazy’ and Wall Street sees it as a sign he’s losing patience with the war and wants it done
By Jim EdwardsJune 2, 2026
Welcome to the new voice of intelligence in the Middle East
Newsletters
Welcome to the new voice of intelligence in the Middle East
By Alyson ShontellJune 2, 2026
The U.S. and Europe feared the Iran conflict would curtail the Gulf’s appetite for global investments. The opposite is true
Middle East
The U.S. and Europe feared the Iran conflict would curtail the Gulf’s appetite for global investments. The opposite is true
By Melissa HancockJune 2, 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
Economy
Elon Musk’s DOGE swiped $329 million in humanitarian funding from Nepal, leaving a Gen Z tech revolution to transform the budding country’s economyplaceholder alt text
By Sasha RogelbergSeptember 20, 2026
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