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...settlements destroyed in still another war with Israel. Additional assurance for the Israelis came last week when Sadat named a new Cabinet, which seemed to signal a commitment to peace. The Cairo press called it a "Cabinet of development" to succeed the "Cabinet of confrontation." Sadat appointed Abdel Aziz Hegazi, a British-educated moderate, as First Deputy Premier. Hegazi likes to remind government workers: "We must think as businessmen, not as bureaucrats...

Author: /time Magazine | Title: EGYPT: Sadat's American Connection | 5/6/1974 | See Source »

Under the terms of the agreement worked out by Foreign Ministers Kamal Hossein of Bangladesh, Swaran Singh of India and Aziz Ahmed of Pakistan, Bangladesh agreed "as an act of clemency" to drop its plans to try 195 Pakistani prisoners for war crimes. The prisoners will now be returned to Pakistan, along with the remaining 6,500 of the 90,000 P.O.W.s captured during the war and held since then in camps in India. That repatriation, begun last August, is expected to be completed by the end of the month...

Author: /time Magazine | Title: SOUTH ASIA: End of a Bad Dream | 4/22/1974 | See Source »

Surely one of history's greatest bargains, ranking with the legendary purchase of Manhattan for $24, is an obscure contract negotiated in 1933. For a loan of exactly $170,327.50, Saudi Arabia's King Abdul Aziz ibn Saud granted the Standard Oil Co. of California a 60-year, exclusive concession to 320,000 sq. mi. of desert. So huge were the oil reserves when finally discovered, and so large the investment needs, that SoCal could not exploit them alone. It took on co-venturers, forming the Arabian American...

Author: /time Magazine | Title: OIL: Shadow over Aramco | 3/4/1974 | See Source »

...massive postwar restructuring of the Egyptian economy, which Egyptian President Anwar Sadat has been planning at Aswan. To carry out this economic retooling and take over the Premier's job that he has also held since last March, Sadat is expected to choose Deputy Premier Abdel Aziz Hegazi, 51, a respected former business professor who already supervises the nation's finance, economy and foreign trade...

Author: /time Magazine | Title: MIDDLE EAST: Kissinger to the Rescue, Again | 1/21/1974 | See Source »

Feisal is the third of more than 40 sons of Abdul Aziz ibn Saud, a tough Moslem chief who created the kingdom of Saudi Arabia by subjugating and uniting desert tribes and kingdoms. As a boy, Feisal was taught to read the Koran by private tutors, became an expert horseman and joined his father's military campaigns. In 1931, after Ibn Saud had consolidated his kingdom, Feisal was named Foreign Minister and began to travel extensively in Europe and the U.S. After his father died in 1953, Feisal's oldest brother Saud became King; but he proved inept...

Author: /time Magazine | Title: Business: The Life and Times of the Cautious King of Araby | 11/19/1973 | See Source »

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