Word: nasserism
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...Nasser knows that political manifestoes are only guidelines to his goal of remaking Egypt. To finance his revolution, he is relying on massive foreign aid from both East and West. The International Monetary Fund recently allotted Egypt $42.5 million in hard currency for development projects; Cairo is currently seeking $450 million more from the U.S. for new aid schemes (total U.S. aid committed since 1952: $660 million). But even such an outpouring of money and technical help may not make "Arab socialism" viable. Population is rising at the rate of more than 500,000 a year, and already...
...333rd pilgrimage to Mecca. As 1,250,000 Moslems left for home, they carried with them from Mohammedanism's most devout observance the echoes of a noisy political feud between Saudi Arabia's monarch, King Saud, and Egypt's dictator, President Gamal Abdel Nasser. In the struggle for supremacy in the modern Arab world, the ancient ways of Saudi Arabia are slowly changing...
Plots & Propaganda. Saud and Nasser are parted by more than...
...ruler of oil-rich Saudi Arabia (estimated annual revenue from oil: about $400 million) regards Nasser as a Marxist firebrand whose form of "Arab socialism" defiles the Koran; Nasser denounces Saud as a feudal overlord and satyr who keeps his people in bondage. Each morning Radio Cairo broadcasts prayers for the quick demise of the "antisocial, reactionary, squandering, lecherous, oligarch Saud. his family and supporters." In retaliation, Saud, who once financed a $5,000,000 plot to kill Nasser, this year barred delivery of the kiswa, the canopy for the holy Black Stone in Mecca that Egyptian craftsmen had spent...
Thus, last month, when an Egyptian ship docked at Jidda with a fresh canopy and a boatload of pilgrims who flaunted 5-ft. colored portraits of Nasser, King Saud became furious; police announced that the pilgrims could land, but the holy carpet could not. In the end, neither did! Budgets & Bureaucracy. Saud is well aware that Nasser's propaganda has awakened millions of illiterate Saudis to the world beyond their desert peninsula. Nowadays, anti-Saud pamphlets are appearing on the desks of civil servants and army officers throughout the country. In addition, hundreds of young, well-to-do Saudis...