Iran and Saudi Arabia have reached an agreement in Beijing to restore diplomatic ties, sparking hopes for a more stable and peaceful future in the region. This week, a Saudi official said investments to Iran could happen “very quickly” once bilateral relations officially resume in two-month time.

Could this historic deal pave the way for economic cooperation between the two nations? What do Iranian businesses have to say about the potential return of Saudi Arabia? And what can we expect from the region as a whole when these two historic rivals finally bury the hatchet? To find out, we spoke with journalist Rastyn Radvar, who is based in Iran, to give us an insider's perspective on this development.