Iran-Saudi Arabia agreement 'important for Middle East stability' - UAE

United Arab Emirates foreign minister Sheikh Abdullah bin Zayed welcomed on Saturday an agreement between regional arch-foes Saudi Arabia and Iran to restore diplomatic relations as an "important step towards stability and prosperity" in the region.

Iran and Saudi Arabia agreed on Friday to re-establish relations after years of hostility that had threatened stability and security in the Gulf and helped fuel conflicts in the Middle East from Yemen to Syria.

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