Saudi, UAE put economy at heart of alliance with joint investment plans | Reuters:
"Saudi Arabia and the United Arab Emirates put jobs and investment at the center of their diplomatic alliance, saying on Thursday they would cooperate in areas ranging from energy and agriculture to tourism and financial services.
The countries are already close political allies, fighting efforts by Iran and the Muslim Brotherhood to gain influence in the region. Last year they launched a boycott of Qatar, which they accused of backing terrorism.
A joint statement by the two governments, after a meeting in Jeddah between the crown princes of Saudi Arabia and Abu Dhabi, listed dozens of steps to integrate the Arab world’s two largest economies more closely. "
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