Word: kuwait
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Dates: during 1970-1979
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...seven companies, known to oilmen as "the Seven Sisters." Five of them are American-owned: Jersey Standard, Mobil, Texaco, Gulf and Standard of California. (The other two are British Petroleum and Shell.) U.S. companies produce 100% of Saudi Arabia's oil, 75% of Libya's, 50% of Kuwait's, 40% of Iran's and 25% of Iraq's. The companies' investments are calculated to be $2.2 billion in book value alone. A more realistic assessment of their potential worth over the next ten years amounts to $20 billion...
Such intense negotiations visibly fatigued Nasser. Minister of National Guidance and Al Ahram Editor Hasanein Heikal urged the President to slow down. "There are men, women and children dying," Nasser replied. "We are in a race with death." Later, as Nasser drove to Cairo airport to bid goodbye to Kuwait's Emir Sabah es Salem es Sabah, last of the captains and kings to depart from the summit, Heikal again pleaded with his boss to take a rest...
...After I say goodbye to the Emir,"sighed Nasser, "I shall sleep long enough." Almost at the moment the Emir's blue and white Kuwait Airways jet became airborne, Nasser was stricken. Perspiring heavily and unable to stand, he was helped into his limousine...
...occupation on the Jordan's west bank last week talked proudly of "our revolution." Algeria and Libya, at one point during the civil war, made moves to join on the side of the fedayeen. Libya also cut off its annual $25.2 million subsidy to Jordan and so did Kuwait, which was contributing $39.2 million. Even Hussein's lukewarm friends, like Egypt's Gamal Abdel Nasser, can no longer be counted on for support. After Guerrilla Chieftain Arafat skipped out of Jordan and met with Nasser in Cairo to brief him on the battle, Egypt's President...
...construct schools and gained national attention in 1952, when, in a record 60 days, he rebuilt a village that had been destroyed by British troops in retaliation for guerrilla attacks. Expanding outside Egypt, he put up an airport in Saudi Arabia and the new Parliament building in Kuwait. Nasser nationalized Osman's Cairo-based company nine years ago, but guaranteed him a free managerial hand and full ownership of five subsidiaries in other Arab lands. By abstaining from the under-the-table deals customary in the Middle East, Osman has prospered despite shifting Arab rivalries...