Word: persian
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Dates: during 1990-1999
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...than 80 dignitaries from all over the world flocked to Rabin's funeral and mourned him as a martyr to peace. King Hussein of Jordan and President Hosni Mubarak of Egypt, the two countries that have signed peace treaties with Israel, delivered eulogies. Government ministers from Morocco and the Persian Gulf emirates of Oman and Qatar attended too, even though these Arab states have no diplomatic relations with Israel. The generous sprinkling of red-checkered kaffiyehs and flowing Arab robes among the black mourning wear of Jews gave Israelis watching the funeral on TV visual proof of how far Rabin...
Although Investcorp calls itself a merchant bank, it is more like a leveraged buyout firm, the Arab world's answer to Kohlberg Kravis Roberts. Kirdar rounds up brand-name companies and repackages them for sale to deep-pocket clients in the Persian Gulf. At the right moment, Investcorp and its partners "cash out" by selling off acquisitions at a profit--through a private sale or a public stock offering. Investcorp certainly spends money like a billionaires' bank. An eight-story headquarters in Bahrain (Investcorp House) is complemented not only by the premises on New York's Park Avenue but also...
Before launching Investcorp, Kirdar worked for Chase Manhattan Bank, where he was in charge of operations in the Persian Gulf. (Many of his senior executives are Chase alumni.) He was there at the height of the oil shocks of the 1970s and forged close ties with some of the richest men in the region. Abdul-Rahman Al-Ateeqi, a former Oil Minister and Finance Minister of Kuwait, has been Investcorp's chairman since the beginning. The vice chairman, Ahmed Ali Kanoo, heads a family with a net worth estimated at $1.5 billion...
...ancient Chinese jades as well as one of the most comprehensive Korean ceramics collections anywhere. Since the early '70s, when John Kenneth Galbraith first donated his Indian miniatures, Harvard has specialized in East Asian, Islamic and African art. Some of the strongest collections throughout Harvard's system are in Persian and Mughal Indian two-dimensionals, Japanese surimono prints and the Chinese and Korean jades and ceramics mentioned above. Much of this material also came to Harvard during the Forbes-Sachs years, including the initial Chinese and Korean pieces which grew into the world's largest collections of their kind...
...White House says the agreement will create 100,000 jobs, mostly in Washington state and California. "Although this deal is not quite a quid pro quo, it can be considered a partial payback for our role in keeping Saddam Hussein out of Saudi Arabia's backyard during the Persian Gulf War," says defense correspondent Mark Thompson. "The Saudis would look pretty bad if they turned to Europe's Airbus to build the planes after what the U.S. did for them in the war." Saudia, the national airline of Saudi Arabia, will purchase 23 777-200 twin jets and five...