Word: dubai
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Landing in the evening in Kuwait, the businessmen passed over brilliant flares of burning gas from acres of oilfields. In Dubai they toured the Persian Gulf harbor in the Sheik's dhow. The hour-long audience with Faisal (see THE WORLD) took place beneath crystal chandeliers in the royal palace in Riyadh while bodyguards poured tiny cups of bitter coffee...
...accomplished fairly easily by seven of the OPEC members: Iran, Venezuela, Indonesia, Iraq, Nigeria, Algeria and Ecuador. They have relatively big populations and much poverty?hence much need for internal development. The huge problem is that six other, lightly populated Arab states?Saudi Arabia, Libya, Kuwait, Abu Dhabi, Dubai and Qatar?are collecting far more money than they can possibly spend. These six, embracing only 9.3 million people, earned $54.7 billion from oil last year. For all their industrialization and social welfare, their military and foreign aid, they can dispose of only a fraction of that total, leaving a combined...
...members of OPEC, in order of last year's earnings are: Saudi Arabia, Iran, Venezuela, Nigeria, Libya, Kuwait, Iraq, United Arab Emirates, Al geria, Indonesia, Qatar, Ecuador and Gabon, which is an associate member. The United Arab Emirates is a federation of Abu Dhabi, Dubai, Sharjah, Ajman, Umm al Quwain, Ras al Khaimah and Fujairah...
...have become furious exporters of both military hardware and modern technology to the Middle East. Now a small U.S. outfit has uncovered a rich Arab market for a somewhat less strategic item: cow manure. RJB Sales Export Inc. of Sequim, Wash., has contracted with the Persian Gulf sheikdoms of Dubai and Bahrain to provide at least 50,000 metric tons of liquefied cow manure each month for three years. Total sales could reach $1.2 billion...
...whole enterprise: it permits the material to be shipped without the buildup of dangerous methane gas. Barges and trucks bearing the finished product will soon be on their way to the port of Lake Charles, La., and in late January the first shipload will depart for Dubai. On arrival, the manure will be piped inland and sprayed together with grain seed upon barren ground. For six years the grain will be plowed under to build soil that should eventually bear food crops...