Word: arabism
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...Arab sheikdoms are steeped in conservative desert traditions, which discourage risky ventures in everything from marrying daughters to herding camels. The old rules, however, don't apply to the Persian Gulf's new generation of rulers. They may still wear the flowing thobe of their ancestors, but their mind-set is all pinstripe when they are taking on the modern world...
...their own. Doha's Qatar Investment Authority is seeking some $2 billion worth of shares in two European stock exchanges, the LSE and Stockholm's OMX, as well as the purchase of the U.K. supermarket giant J Sainsbury. Abu Dhabi, like Dubai, a constituent part of the United Arab Emirates, says its Mubadala Development Co. will pay $1.35 billion for a 7.5% share of the U.S.-based private-equity investment firm Carlyle Group, which owns a diverse range of megacompanies, from chipmaker Freescale Semiconductor and nursing-home operator Manor Care to airplane-parts manufacturer Sequa Corp...
...rally deaths will complicate the task of Arab moderates, such as Saudi Arabia, who are trying to reunite the two warring Palestinian factions. Hamas opposes Abbas's plans to attend a U.S.-sponsored Israeli-Arab summit in Annapolis, Maryland, later this month. Ahmed Qurie, chief Palestinian negotiator with the Israelis, compared Hamas's reign in Gaza to the Israeli occupation inside the Palestinian territories. "The policy of silencing the other side will not win," he said. Meanwhile, a Hamas spokesman, Sami Abu Zuhri blamed Fatah for provoking the latest Gaza shooting. With reporting by Jamil Hamad/Bethlehem
Betty Ford Former First Lady and founder of the renowned drug-addiction treatment facility in California In light of her recent trip to the United Arab Emirates to raise breast-cancer awareness, Laura Bush is a natural candidate for me. In signing the Memorandum of Understanding with the Health Authority of Abu Dhabi and the Susan G. Komen foundation, she has opened doors for women's health and emphasized the need--and possibility--for all women to be informed about breast cancer...
...plot. Still, Paramount Vantage, the film's distributor, is taking the security fears seriously. Having dispatched a retired CIA operative to Afghanistan to assess the dangers, it decided to delay the film's U.S. release by six weeks, allowing time to evacuate its child stars to the United Arab Emirates...