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Iran Watchers’ Stock Buying Guide Is Loaded With Dubai Names

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As world powers move toward ending Iran’s international isolation, bargain-hunting stock investors are circling.

The primary focus for many of them, though, isn’t Iranian companies themselves, but rather multinationals that are located in nearby countries as well as those that have kept ties with the Islamic republic during sanctions. Their business, the thinking goes, would get a big lift from an opening up of the Middle East’s second-biggest economy.