Word: nazer
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...their country forward into the most ambitious building program that money can buy, the Saudi rulers also set in motion a kind of social revolution whose long-range effects are not easy to foretell. "We are just about keeping pace with our five-year plan," says Planning Minister Hisham Nazer, "but we still have more money than we can spend." They are building two of the largest and most modern airports in the world for Riyadh and Jidda, to accommodate the armies of migrant workers and businessmen who are coming to seek their fortunes...
Fears of a run on the pound have subsided. Though investors are generally not buying sterling, they are not selling it either. As Sheik Hisham Nazer, Saudi Arabian Minister for Economic Planning, said recently of his country's large sterling balances: "The British are not worried about them...
...HISHAM NAZER Los Angeles...