Mideast Money

Saudi-UAE Split Complicates Wall Street’s Middle East Calculus

The worsening rift may add a new layer of complexity.
A co-working office space in the Abu Dhabi Global Market.Photographer: Natalie Naccache/Bloomberg
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Welcome to the Mideast Money newsletter, I’m Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that’s become one of the most influential in global finance. You can sign up here.

This week: The United Arab Emirates exits OPEC, hedge funds keep expanding in Dubai and Abu Dhabi, and Saudi Arabia pulls LIV Golf funding.