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Wall Street Returns to Saudi Arabia as Biggest Deals Entice CEOs

  • Many bankers pulled out of October event over Khashoggi murder
  • Aramco raised $12 billion debt to fund purchase of Sabic stake
Saudi Stock Exchange Ahead Of Aramco IPO
Photographer: Abdulrahman Abdullah/Bloomberg
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Some of the world’s leading financiers are returning to Saudi Arabia after the oil-rich kingdom yielded some of the year’s biggest merger and bond deals.

The arrival of top banking executives in Riyadh puts the finishing touches on a six-month charm offensive after their initial protests over the murder of government critic Jamal Khashoggi.