Dubai, Saudi Arabia Property Markets Set to Vie for Investor Attention
New rules will allow foreigners to own property in the kingdom.
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Welcome to the Mideast Money newsletter, where we chronicle the intersection of money and power in a region that’s become one of the most influential in global finance. I’m Zainab Fattah, Bloomberg News’ Middle East finance reporter, filling in for Adveith Nair.
This week: Abu Dhabi’s crown prince chairs a recently created sovereign fund; a Dubai events business explores an IPO; and Saudi Arabia steps up efforts to curb the United Arab Emirates’ regional influence.