April 3, 2019
RIYADH (Reuters) – Saudi Arabia’s King Salman is giving Iraq $1 billion to build a sports city, state television said on Wednesday, citing the kingdom’s commerce minister.
Riyadh has been wooing Baghdad as part of an effort to stem the growing regional influence of Iran, while Iraq is seeking economic benefits from closer ties with its southern neighbor.
(Reporing by Stephen Kalin, Editing by William Maclean)
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