Welcome to this week’s Fortune Gulf Brief. We’ll be covering:
- Riyadh and Abu Dhabi move to mend Yemen rift, U.S. and Iran trade proposals and denials
- Microsoft pours $10 billion into Gulf AI despite war risks
- Saudi Arabia proposes sweeping IPO market reforms
- S&P doubles Oman’s 2026 growth forecast to 3.5%
- And, the three things we enjoyed reading this week