Word: jordan
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Dates: during 1960-1969
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...only a matter of time before the emotional repercussions of Gamal Abdel Nasser's Arab unity movement would sweep across the kingdom of Jordan. Last week Nasserite crowds swarmed through Jerusalem and towns on the West Bank of the Jordan River, shooting off rifles and tommy guns and demanding immediate merger with Nasser's projected federation. King Hussein called out desert troops and police reinforcements, clamped an emergency curfew on the Holy City. In the capital city of Amman, shouting students carrying Arab unity flags with a fourth star for Jordan were peacefully dispersed, but armored cars warily...
...hours later, in a stormy debate in Amman's House of Representatives, 32 of the 60 legislators rose to attack the policies of Prime Minister Samir Rifai, whom Hussein had appointed only 24 days earlier. Rifai was in favor of linking Jordan with Nasser's group, but wanted to take his time about it. The parliamentarians did not want to wait. After nine hours of it, Rifai stormed out of the chamber, handed his resignation to King Hussein...
...wealth of the Arab world glitters in Beirut, but the citadel of Arab finance is an undistinguished grey-walled building in Amman on the edge of the Jordan desert. It is the Arab Bank, the first as well as the largest Arab-owned bank. Its bluff, barrel-chested founder and chairman is Abdul Hameed Shoman, 75, a onetime haberdashery peddler who ranged the U.S. before returning home to open a bank dedicated as much to helping Arabs as it is to making profits. Shoman excels at making helping pay. Last week, as the Arab Bank released its 1962 report, everything...
...acted as a catalyst for Arab economic development in the days when no one was willing to bet on it. Says Shoman: "There would not be any industry here if we had not helped finance it." Arab Bank loans created jobs for more than 100,000 workers, and in Jordan the bank's loans for new cement, textile, and food-processing plants have given the country a growth rate in the Middle East second only to oil-rich Kuwait. Aside from commercial loans, Shoman gave millions of his own and the bank's money to Arab charities...
...that he prays toward Mecca five times a day, allows none of his employees to drink, smoke or eat pork in his presence. Unimpressed by pomp, he treats peddlers, peasants and princes alike. He knows almost every Arab ruler from Ben Bella to King Saud, royally says of Jordan's King Hussein: "He is like one of my sons, but I tell him when he is wrong...