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Sheik Mohammad Al Fassi, 27, a Saudi Arabian princeling who has lived in the U.S. for four years, keeps stumbling into the limelight. When he Lived in Beverly Hills, Calif., he had the nude statuary outside his mansion painted in rather vivid flesh tones; the mansion was later gutted by fire. Then he dropped a few million here (some of it to shed two troublesome wives) and a few million there (to resettle in Florida). Last week the sheik's profligacy earned him a new bit of screwball notoriety. The Diplomat Hotel in Hollywood, Fla., claimed that Fassi...

Author: /time Magazine | Title: The Sheiks Who Shake Up Florida | 7/19/1982 | See Source »

...Saudi Arabia have poured at least $20 billion into Iraqi coffers to help keep the advancing Iranian forces at bay. If Iraq succumbs to Khomeini's aggression, it would probably become a Shi'ite-ruled Arab nation inclined to spread the Islamic revolutionary gospel throughout the Arabian peninsula, where sizable Shi'ite populations have long resented the clannish Sunni monarchies that rule them. The tiny island state of Bahrain, where 55% of the population are Shi'ites (some of Iranian origin), nearly fell victim last December to a Khomeini-inspired coup attempt...

Author: /time Magazine | Title: Persian Gulf: Drums Along the Border | 7/19/1982 | See Source »

...Alaskan pipeline and Hoover Dam are, nothing that Bechtel has ever helped build can compare with the Jubail project. Some 324 miles northeast of the Saudi Arabian capital of Riyadh, on desolate salt flats washed by the Persian Gulf and baked in 100-plus temperatures for much of the year, a whole new ultramodern city is emerging. When completed in 15 years, this megastructure will cover an area as large as Greater London and contain a population as numerous as that of Minneapolis...

Author: /time Magazine | Title: The Jubail Superproject | 7/12/1982 | See Source »

...expansive sweep of civil engineering, from the pyramids of the Nile to the construction of the Panama Canal, nothing so huge, or costly, as Jubail has ever before been attempted by anyone." Says Saudi Arabian Finance Minister Mohammed Ali Abdul Khail, whose government has already spent $35 billion on Jubail and its smaller sister project Yanbu, and plans to spend upwards of $100 billion more in years to come: "We simply cannot exaggerate what is going on out here." Jubail is, in brief, a project of moon-landing proportions, one that in the very grandeur and scope of its conception...

Author: /time Magazine | Title: The Jubail Superproject | 7/12/1982 | See Source »

...when the company worked on an oil refinery in Bahrain. From that early association, a long-lasting-and profitable-Saudi friendship flowered. In 1948 a team of Bechtel engineers mobilized an army of 5,000 local laborers to build the greater part of the 1,068-mile-long Trans-Arabian pipeline. Bechtel's swift execution of the mammoth job, as well as its skillful handling of local labor, added enormously to the firm's Middle East reputation...

Author: /time Magazine | Title: The Jubail Superproject | 7/12/1982 | See Source »

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