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Saudi arabia in-depth country-focused analysis on saudi arabia's economic, political and operational risk environment, complemented by detailed sector insight. Iran and saudi arabia have upped the ante in their war of words both are now denouncing the other's islamic legitimacy the two persian gulf powers are already locked in numerous proxy conflicts across the region. Transforming saudi arabia’s capital markets strengthening the financial triad elliot hentov, phd head of policy and research, official institutions group.