Business: The Saudis and the Dollar

A mutual dependency, tended by financial hajjis to the Gulf

Following the path that pious Muslims have trod for centuries, more than a million hajjis (pilgrims) have flooded through Saudi Arabia in the past few weeks for annual rites celebrated in the last month of the Islamic year. Observing ancient ritual, they circled the sacred Black Stone in Mecca's Kaaba, a cube-shaped shrine, and, on Nov. 11, slaughtered sheep in the valley of Mina to commemorate Abraham's willingness to sacrifice his son. Now the last of them are departing—and on their heels has come...

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