apropos: in 1913, under H. H. Asquith’s government, Lloyd George (and others) were caught in an insider trading scandal when they bought shares in an American subsidiary of the Marconi Company ahead of the British government issuing it a lucrative contract
The League of Nations mandate granted the French Mandate for Syria and the Lebanon, the British Mandate for Mesopotamia (later Iraq) and the British Mandate for Palestine, later divided into Mandatory Palestine and the Emirate of Transjordan (1921–1946). The Ottoman Empire’s possessions in the Arabian Peninsula became the Kingdom of Hejaz, which the Sultanate of Nejd (today Saudi Arabia) was allowed to annex, and the Mutawakkilite Kingdom of Yemen. The Empire’s possessions on the western shores of the Persian Gulf were variously annexed by Saudi Arabia (al-Ahsa and Qatif), or remained British protectorates (Kuwait, Bahrain, and Qatar) and became the Arab States of the Persian Gulf.
this is not the only or most interesting extract but is quoted for the signposts it provides to the respective pieces of the Arabian peninsula at the time in terms of kingdoms, sultanates and protectorates and the corresponding modern day nation states they have become (or evolved into)