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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 8 of 22
guillaume
Commentary
The U.S. attacked Iran to show its power but the war is already lost. Epic Fury looks like an Epic Fail
By Guillaume LongMarch 18, 2026
A technician in Germany works on a battery system for a Volkswagen electric vehicle.
Economy
The world’s EVs were already replacing 70% of Iran’s oil exports. The war just made that matter
By Tristan BoveMarch 18, 2026
Customer Jann Gregg of Schenectady pumps gas at the GasWay Xpress Mart at 1120 Erie Blvd. pump gas on Wednesday, Dec. 3, 2025, in Schenectady, N.Y.
Economy
Economists are ‘loath’ to call a recession, but the odds just hit 49% for the next 12 months according to Moody’s top economist
By Eleanor PringleMarch 18, 2026
PHOTO: DONALD TRUMP
Big Tech
As Trump rages against his allies, Republicans are asking what the plan is to end the chaos in Iran
By Jim EdwardsMarch 18, 2026
man in a suit
Politics
Who is Joe Kent? Meet the Green Beret, MAGA loyalist, and former political candidate who quit over Iran
By Catherina GioinoMarch 17, 2026
trump
Commentary
Trump’s Iran War looks improvised. It isn’t. Here’s the playbook he’s been running for decades
By Jeffrey Sonnenfeld and Steven TianMarch 17, 2026
trump
Politics
Either Trump is lying or the 4 other living presidents are, about war on Iran
By Darlene Superville, Steven Sloan and The Associated PressMarch 17, 2026
constantine
Commentary
The next energy superpower will make its own fuel
By Gregory ConstantineMarch 17, 2026
Jeremy Siegel, the Russell E. Palmer Professor of Finance at the Wharton School, speaks during the Wharton Global Alumni Forum in Madrid, Spain, on Thursday, June 24, 2010.
Economy
A market correction of 10% could be on the cards as consumer psychology shifts due to gas prices, says top economist
By Eleanor PringleMarch 17, 2026
Photo: President Trump.
Economy
Backchannel talks between U.S. and Iran offer Trump an off-ramp—if he wants it
By Jim EdwardsMarch 17, 2026
Photo of Ray Dalio
Middle East
Ray Dalio warns a brutal ‘final battle’ for the Strait of Hormuz is coming—and losing could end the American empire
By Eva RoytburgMarch 17, 2026
Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf's petroleum facilities hours after the US struck Iran's Kharg Island.
Energy
Venezuela has the world’s largest proven oil reserves, but it can’t solve for the Strait of Hormuz ‘math problem’
By Jordan BlumMarch 17, 2026
Donald Trump
Politics
Trump’s ‘Art of the Deal’ can’t reopen the Strait of Hormuz—and it’s threatening a recession
By Nick LichtenbergMarch 16, 2026
U.S. President Donald Trump listens during a press conference with Ukrainian President Volodymyr Zelensky following their meeting at Trump’s Mar-a-Lago club on December 28, 2025 in Palm Beach, Florida.
Politics
‘Blackmail is also not what I wish for’: America’s allies are ghosting Trump on Strait of Hormuz
By Eva RoytburgMarch 16, 2026
President Donald Trump at the White House
Economy
The energy crisis isn’t recessionary yet, but there’s a scenario where oil prices could bring the US economy to a ‘standstill,’ Oxford Economics says
By Tristan BoveMarch 16, 2026
Iran’s attacks have collapsed, and the trend is ‘overwhelmingly positive,’ analysts say. But the military side is separate from politics and markets
Middle East
Iran’s attacks have collapsed, and the trend is ‘overwhelmingly positive,’ analysts say. But the military side is separate from politics and markets
By Jason MaMarch 16, 2026
bessent
Politics
Bessent talks oil, accuses media of ‘trying to make it into some crisis that it’s not’
By The Associated PressMarch 16, 2026
iran
Politics
Iran minister mocks Trump for ‘begging’ for help on reopening Hormuz, claims attacks came from UAE
By Jon Gambrell, Sam Mednick, Konstantin Toropin, Samy Magdy and The Associated PressMarch 16, 2026
gutman, shah
Banking
Goldman’s top international execs say the Iran war has parallels to the Russia’s invasion of Ukraine, but there are key differences
By Nick LichtenbergMarch 16, 2026
Photo: Donald Trump
Energy
With Iran still in control of Hormuz, Trump threatens NATO and oil hits $106
By Jim EdwardsMarch 16, 2026
Despite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’
Energy
Despite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’
By Jason MaMarch 15, 2026
The closed Strait of Hormuz is testing Asia’s energy security. The answer lies across the Pacific—in Canada
Commentary
The closed Strait of Hormuz is testing Asia’s energy security. The answer lies across the Pacific—in Canada
By Barrett BingleyMarch 15, 2026
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.
Middle East
The war with Iran has defense experts wondering if Khamenei will attempt to activate sleeper cells on U.S. soil
By Eleanor PringleMarch 15, 2026
1970s car waiting for gas during the gas crisis of the 1970s.
Middle East
So, what happens during a gas crisis, anyway? Your older relatives have a reason to bring up what could come next
By Catherina GioinoMarch 15, 2026
‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet
Energy
‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet
By Jason MaMarch 14, 2026
Trump’s AI czar calls for U.S. to ‘get out’ of war and warns Iran has a ‘dead man’s switch’ that could render Gulf states almost uninhabitable
Middle East
Trump’s AI czar calls for U.S. to ‘get out’ of war and warns Iran has a ‘dead man’s switch’ that could render Gulf states almost uninhabitable
By Jason MaMarch 14, 2026
iran
Politics
Iran stretches war into third week with missile strike on U.S. embassy compound in Baghdad
By Jon Gambrell, Sam Mednick, Konstantin Toropin, Mike Corder and The Associated PressMarch 14, 2026
Handout photo taken on March 11, 2026 and released by the Royal Thai Navy shows smoke rising from the Thai bulk carrier 'Mayuree Naree' near the Strait of Hormuz after an attack. A Thai bulk carrier travelling in the crucial Strait of Hormuz was attacked March 11, with 20 crew members rescued so far, the Thai navy said.
Energy
Skyrocketing energy prices and inflation woes mount as the ‘absurd’ reality in Iran sinks in
By Jordan BlumMarch 14, 2026
photo of stage at conference
Crypto
Flagship Dubai crypto conference Token2049, in sudden reversal, cancels due to Iran war
By Carlos GarciaMarch 13, 2026
President Donald Trump
Energy
The war in Iran has caused the biggest oil supply disruption in history, energy watchdog says, and a swift end to the conflict might not change that
By Tristan BoveMarch 13, 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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