Saudi Arabia has agreed to end its three-and-a-half year blockade of Qatar, raising hopes for positive knock-on effects within the sports industry including an end to a disruption of the business of pay-television broadcaster beIN Sports.
The dispute was also a factor in the failure last year of a bid by Saudi investors to take over English Premier League football club Newcastle United and was a backdrop to rival bids by the countries to host Asia's two biggest continental sports events - the AFC Asian Cup and the Asian Games.
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