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reassurance

Saudi Arabia seeks to reassure investors after corruption crackdown

RIYADH: Saudi Arabia sought to reassure investors on Tuesday that a sweeping anti-corruption purge would not affect businesses, including those with ties to arrested suspects, as authorities appeared to widen the crackdown. Dozens of high-profile figures including princes, ministers as well as billionaire tycoon Al-Waleed bin Talal were arrested at the weekend, in the biggest purge of the kingdom's elite in modern Saudi history. The crackdown has triggered uncertainty among businesses that could intensify capital…