Word: kuwaitis
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...also jittery. Aged, gouty Emir Abdullah as-Sabah broke off medical treatment in Bombay to rush home last week and deal with a Cabinet crisis that boils down to a clash within the Emir's own numerous and irascible family. On top of that, a wrangle between Kuwaiti merchants and a British importing firm that had a monopoly on the liquor trade resulted in an unsettling solution: the Assembly imposed prohibition...
Until party elections are held some time next year, Iraq will apparently be run by the Baath Central Committee (which includes a Jordanian, a Lebanese and a Kuwaiti as well as Iraqi and Syrian generals) and by Michel Aflak, the Secretary-General and real power in the party. It was the first time that Aflak, a withdrawn, seemingly gentle intellectual who has sanctioned the executions of hundreds of political opponents, emerged from his shadowy position behind the scenes...
Rich Beyond Dreams. To solve that problem, Kuwaiti businessmen, advised by such notable figures as former World Bank President Eugene Black, have set up a private investment fund that will use Kuwait's plentiful capital to finance industrial development in the Arab world. Together with the government-sponsored Arab Development Fund, the new Kuwait International Consultants Ltd. (Kinteco) will make Kuwait's potential investment in Arab progress about $1.34 billion. For all his vast experience with big money, even Eugene Black was awed. Said he: "This is going to be one of the world's greatest financial...
...center in the Eastern Mediterranean, Beirut is choked with well-heeled pashas, politicians and oil sheiks from Iraq, Egypt, Jordan, Saudi Arabia and Kuwait-most of them distrustful of cash and preferring concrete investment. In recent years the Arab millionaires have sunk $83 million into Beirut apartment houses. The Kuwaiti sheik who tools past his ten-story property in an air-conditioned Lincoln is delighted that he has converted his money into something solid-even though it may be half empty. "Why should I lower my rents and let the poor people in?" asked one pasha. "That would lower...
...Faced by a no-show foe, the troopers concentrated on survival in the searing heat (120° in the shade) and blinding sandstorms. Cracked one bare-chested trooper: "To qualify as a royal marine, all you have to do is be able to drink 19 Cokes daily." British and Kuwaiti officers shuttled companionably between neon-bright Kuwait City and the front in Sheik-supplied Cadillacs and Chryslers. Declared Brigadier General Derek Horsford, Britain's infantry commander: "Wherever my troops have gone here, they have been clapped and cheered -including...