Word: bedouins
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Stock markets everywhere are falling. In Hong Kong, then in New York City, brokers are selling desperately. Deep in the desert night of Saudi Arabia, a reclusive investor, attired in a plain white robe and the red-checked headdress of a Bedouin, is buying. Brother, is he buying...
Alwaleed's success is partly explained by the blend of Saudi, Lebanese and American influences that have shaped his relatively short career. By his own reckoning, his investment savvy draws on a Bedouin's instinct for caution, a Levantine's flair for a bargain and a bean counter's fondness for the bottom line. "He has an extremely agile mind," says U.S. Ambassador to Saudi Arabia Wyche Fowler. "He is always two or three jumps ahead of you." Alwaleed can negotiate in Arabic, English and French...
...buffet lunch and light workout. When the job is finally finished, he takes a walk in the moonlight, has a light meal and sleeps five hours. On weekends he drives to a private desert encampment 45 miles from Riyadh, where he eats supper on a rug with Bedouin retainers called khawian, some armed with silver-handled Colt...
RIYADH, Saudi Arabia: He's the Bedouin Buffett. The Donald of the Desert. The Soros of the Sands. He's Prince al-Waleed bin Talal, and he's known for betting big ? and winning big ? on solid but out-of-favor companies like Apple and TWA. Tuesday, however, the Prince's office announced some more traditional plays as part of the Prince's effort to push into media and technology...
...Hotel, meanwhile, staff members were busy polishing the marble entrance where guests walk over a mosaic of the American President who bombed the city in 1991. The inscription: BUSH IS CRIMINAL. Inside was a more traditional welcome, with the same editorial message. Waiters served cups of coffee in a Bedouin tent next to a sign that read DOWN DOWN AMERICA. USA COUNTRY OF TERRORISM...