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China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment scheme

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'Skills nobody can take': Meet a 20-year-old with a 4.5 GPA who skipped college for technical school to land an 'AI-proof' career

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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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China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment scheme
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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
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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
Property prices are down in Dubai. Is it a war-induced blip, or something more serious?  
Middle East
Property prices are down in Dubai. Is it a war-induced blip, or something more serious?  
By Melissa HancockJune 1, 2026
The Iran conflict has disrupted oil supply. Gulf states are now looking to multi-billion-dollar investments in renewables 
Energy
The Iran conflict has disrupted oil supply. Gulf states are now looking to multi-billion-dollar investments in renewables 
By Melissa HancockJune 1, 2026
India brings back COVID-era work-from-home rules and asks farmers to halve fertilizer use as the Iran war chokes its oil lifeline
Energy
India brings back COVID-era work-from-home rules and asks farmers to halve fertilizer use as the Iran war chokes its oil lifeline
By Marco Quiroz-GutierrezMay 12, 2026
A driver pumps gasoline at a gas station in Brooklyn, New York, in March.
Energy
Activists call surging oil and gas profits ‘horrifying’ as energy giants post profits twice as high as 2025
By Tristan BoveApril 28, 2026
A replica of a Lockheed Martin missile
Politics
‘A golden opportunity right now based on who’s in government.’ Trump’s bellicose presidency means defense firms are raking it in
By Tristan BoveApril 25, 2026
A person points at a page on the Marinetraffic website that shows commercial boats traffic on the edge of the Strait of Hormuz near the Iranian coast, in Paris on March 4, 2026. (Photo by JULIEN DE ROSA / AFP via Getty Images)
Energy
Iran has reopened the Strait of Hormuz—but experts say it now holds a card that works ‘almost like a nuclear deterrent’
By Eva RoytburgApril 17, 2026
Pope Leo XIV waving to a crowd
Politics
U.S. Catholic leaders criticize Trump for ‘disparaging words’ about the pope as Vatican clash risks alienating Catholic voters
By Tristan BoveApril 16, 2026
Pete Hegseth speaks with both hands in the air as Donald Trump looks on in the background.
Politics
‘I am certain’: Harvard policy expert warns the true cost of the Iran war to U.S. taxpayers will exceed $1 trillion
By Sasha RogelbergApril 15, 2026
U.S. President Donald Trump waves to the media after walking off of Air Force One at Miami International Airport on April 11, 2026 in Miami, Florida.
Politics
Trump says the Iran war is ‘very close to over’—despite no deal, a live blockade, and threats mounting
By Eva RoytburgApril 15, 2026
NEW YORK, NEW YORK - DECEMBER 12: President-elect Donald Trump rings the opening bell on the trading floor of the New York Stock Exchange (NYSE) on December 12, 2024 in New York City. Trump was invited to the Exchange after being named TIME’s “Person of the Year” for the second time. (Photo by Spencer Platt/Getty Images)
Energy
Wall Street is the biggest winner of the Iran war—and the S&P 500 just turned positive for the year
By Eva RoytburgApril 13, 2026
U.S. President Donald Trump salutes as a U.S. Army carry team moves a flag-draped transfer case containing the remains of Sgt. Declan J. Coady at Dover Air Force Base on March 07, 2026 in Dover, Delaware.
Politics
Trump has wanted to humble Iran since 1980. He may be humbling the American empire instead
By Eva Roytburg and Nick LichtenbergApril 13, 2026
Traders work on the floor of the New York Stock Exchange (NYSE) on April 04, 2025 in New York City.
Politics
Within a day, the Iran-U.S. ceasefire began breaking down. Markets shrugged
By Eva RoytburgApril 8, 2026
US President Donald Trump speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House on April 6, 2026, in Washington, DC. (
Politics
Markets cheer as Trump says he’s in ‘heated negotiations’ over a new Pakistani two-week ceasefire plan 
By Eva RoytburgApril 7, 2026
Members of security forces watch over the crowd during a funeral procession held for IRGC Navy Chief Alireza Tangsiri, alongside other senior naval commanders and their families who were killed in US-Israeli strikes in late March, on April 1, 2026 in Tehran, Iran.
Politics
Iranians begin forming human chains around power plants ahead of Trump’s deadline, social media videos show
By Eva RoytburgApril 7, 2026
UNITED STATES - APRIL 6: President Donald Trump talks with reporters on the South Lawn during the White House Easter Egg Roll on Monday, April 6, 2026. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
Politics
Trump’s dire warning to Iran: ‘A whole civilization will die tonight, never to be brought back again’
By Eva RoytburgApril 7, 2026
US President Donald Trump gestures as he speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House on April 6, 2026, in Washington, DC.
Politics
Trump threatens to ‘take out’ all of Iran in one night. From blackout bombs to ‘discombobulators,’ here’s what that could actually mean
By Eva RoytburgApril 6, 2026
US President Donald Trump blows a whistle as children participate in the annual Easter Egg Roll on the South Lawn of the White House on April 6, 2026, in Washington, DC.
Energy
Wall Street knows something about Trump and Iran: Both sides are running out of time
By Eva RoytburgApril 6, 2026
JPMorgan Chase CEO Jamie Dimon
Economy
Jamie Dimon says the U.S. was right to go to war with Iran: ‘Why the Western world put up with all these proxy wars for 45 years is kind of beyond me’
By Tristan BoveApril 3, 2026
Workers on the production line of solar panels in China
Energy
After renewable power’s record-smashing 2025, the Iran war could accelerate the shift as countries seek ‘structurally more resilient’ energy, UN says
By Tristan BoveApril 2, 2026
A woman looks concerned as she fills up at a gas station
Economy
The Iran war is effectively ‘a tax’ on U.S. households that could accelerate the economy’s widening K shape, Moody’s says
By Tristan BoveApril 2, 2026
Anil Agarwal, founder and chairman of Vedanta Group, at the CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 25, 2026. The event convenes more than 10,000 participants from over 2,350 companies across 89 countries for dialogue on the agenda ahead as the world enters a new era of energy transition. Photographer: Aaron M. Sprecher/Bloomberg via Getty Images
Energy
Energy ‘vulnerable’ India seeks U.S. help to produce more oil and wean itself off Russia, Middle East reliance amid geopolitical turmoil
By Jordan BlumMarch 31, 2026
Bond yields are falling even as oil tops $102, showing that Wall Street fears recession more than inflation
Energy
Bond yields are falling even as oil tops $102, showing that Wall Street fears recession more than inflation
By Jason MaMarch 30, 2026
War against Iran to escalate as we approach six-week ‘TACO’ timetable, analysts say
Economy
War against Iran to escalate as we approach six-week ‘TACO’ timetable, analysts say
By Jim EdwardsMarch 30, 2026
hormuz
Commentary
Iran’s Hormuz toll booth points toward an L-shaped price plateau, not the V-shaped recovery traders want
By Siddharth MisraMarch 28, 2026
Director of the Federal Bureau of Investigation (FBI) Kash Patel delivers remarks as U.S. President Donald Trump makes an announcement on his Homeland Security Task Force in the State Dinning Room of the White House on October 23, 2025 in Washington, DC.
Cybersecurity
Pro-Iranian hackers claim they breached FBI Director Kash Patel’s personal email as Trump administration offers $10 million reward
By Eric Tucker and The Associated PressMarch 27, 2026
The Iran war could drag into 2027, analyst warns. The economic fallout is just getting started
Middle East
The Iran war could drag into 2027, analyst warns. The economic fallout is just getting started
By Jason MaMarch 27, 2026
hormuz
Energy
Trump’s big accomplishment in Iran is ‘de facto ‘toll booth’ regime’ in the Strait of Hormuz, shipping analyst says
By David McHugh, Jon Gambrell and The Associated PressMarch 27, 2026
Anthropic accidentally leaked details of a new AI model that poses unprecedented cybersecurity risks
Big Tech
Anthropic accidentally leaked details of a new AI model that poses unprecedented cybersecurity risks
By Jim EdwardsMarch 27, 2026
gas
Economy
Trump’s war in Iran is costing the U.S. economy 10,000 jobs a month, Goldman Sachs says
By Nick LichtenbergMarch 26, 2026
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Success
'Skills nobody can take': Meet a 20-year-old with a 4.5 GPA who skipped college for technical school to land an 'AI-proof' careerplaceholder alt text
By Muskaan ArshadSeptember 22, 2026
Success
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
Middle East
China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment schemeplaceholder alt text
By Jason MaSeptember 21, 2026
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