UPDATE 1-Iraq hosts regional rivals Iran and Saudi Arabia at conference

Iraq hosted senior parliamentary officials from arch-rivals Saudi Arabia and Iran on Saturday as Prime Minister Adel Abdul Mahdi sought to bolster his country's nascent role as a mediator in the region. Delegations including the heads of parliament from Turkey, Kuwait, Syria and Jordan also attended the one-day conference in the Iraqi capital to discuss regional security, diplomacy and economic issues. Abdul Mahdi recently returned from visits to Iran and Saudi Arabia, both oil-super-powers that have long been vying for dominance in the Middle East.

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