Word: abdullah
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...With reporting by Shadiah Abdullah...
...Dabbagh has no doubt that if he builds it, they will come. The governor of the Saudi Arabian General Investment Authority (SAGIA) is one of the forces behind King Abdullah Economic City (KAEC), a $27 billion development rising out of the desert 62 miles (100 km) north of Jeddah, and he can already envision the arrival of its first residents. "It won't be long before it starts taking shape," he says...
...number of ports, airports, universities and giant residential and industrial complexes abuilding in Qatar, Abu Dhabi, Bahrain and elsewhere. KAEC "is not a vanity project, but there is definitely a statement being made," says a Riyadh businessman who asked not to be identified for fear of offending King Abdullah, who is personally keen on the new city that bears his name. "It is the Saudis saying to the rest of the Arabs, 'We can build bigger than the rest...
...youth bulge" will create a demand for 6 million residential units in the next 12 years; that's a million more units than were built in the past 60 years. "When you have demand on that scale, you can't think small," says Fawaz al-Alamy, who advises King Abdullah on economic issues. "Big problems need big solutions...
...Karzai seems to be moving in the same direction. Last week he appealed to Taliban leader Mullah Omar for peace and offered to talk. And in September, during the holy fasting month of Ramadan, representatives of Karzai's government sat with former Taliban leaders and Saudi Arabia's King Abdullah in Mecca to discuss Afghanistan's problems over a sunset feast of more than 100 dishes. Both Karzai's government and Afghanistan's current Taliban leadership deny that any negotiations took place. But one of the attendees, Abdul Salam Zaeef, the former representative of the Taliban's Islamic Emirate...