Economics
Iran-Saudi Rivalry’s Next Round Has Stock-Buyers’ Cash as Prize
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One of the Middle East’s most intractable rivalries looks set to extend to equity markets.
As Saudi Arabia, the oil behemoth that is among the region’s largest Sunni nations, opens its stocks to international investors, Iran is close to a deal with foreign powers that would end more than 10 years of sanctions on the Shiite country, paving the way for an influx of overseas cash.