Saudi Arabia Money Muscles Into Old Enemy Territory in Deals Hunt

Crown Prince of Saudi Arabia Mohammad bin Salman

Photographer: Anadolu Agency/Anadolu
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Hi, it’s Dinesh Nair in London. Today, I’m looking at how a recent easing of tensions in my old stomping ground of the Persian Gulf is opening up a new route for dealmakers. Elsewhere, people are trying to put a value on Liverpool Football Club.

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It wasn’t so long ago that investment banks wanting to do business in the Middle East had to pick a side. On one was gas-rich Qatar, on the other a group of Gulf countries led by Saudi Arabia and the UAE.