Word: persianism
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Toloui said the committee also asked about his favorite piece of art-work (Picasso's "Guernica") and his favorite ancient Persian king (Xerxes, because of his "clever politics during the Peloponnesian...
...issue and the argument. When officials of the Truman Administration suggested in 1950 that South Korea was not a vital interest, North Korea attacked. It is diplomatic code for an interest a country will go to war over. When President Jimmy Carter declared in 1980 that the Persian Gulf was a "vital interest," he was correctly understood to mean the U.S. would go to war to maintain its access to gulf...
...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...