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Trump Allies Are Prominent at Saudi Investment Conference


RIYADH, Saudi Arabia — The wealthy and the powerful of the financial world descended on the Ritz-Carlton in Riyadh this past week for Saudi Arabia’s annual investment conference, a reminder that even amid shifting politics, diplomatic strains and pandemic constraints, money is a surefire magnet.

Executives hugged and fist-bumped in the lobby of the hotel, where four years ago the kingdom’s crown prince, Mohammed bin Salman, confined hundreds of his nation’s elites in an anti-corruption crackdown. They sipped coffee and mineral water in the hotel’s cafes.

They piled into a string of black sedans for dinners with clients and colleagues around Riyadh. They even made jovial conversation in the Ritz’s makeshift clinic, where the queue for the Covid-19 tests required to return home to other countries stretched at times to an hour or more.

But global politics poked through at times.

In sideline conversations, some U.S. business leaders spoke in stage…

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