Word: phoning
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...bazaar, using know-how gained from negotiating the Middle East or simply leveraging the financial power provided by the current oil-revenue bonanza to conquer markets far from home. Whether they sell traditional carpets and inlaid furniture or deal in mega real estate developments and cell-phone services, Arabs are moving their wares across the Middle East and throughout the world. "There is no escaping it," says Egyptian Minister of Trade and Industry Rachid Mohammed Rachid, a former Unilever executive and a leading Arab voice for globalization. "We have to make the region integrate with the rest of the world...
...Rachid, Sawiris is the model Arab globalist. He is intent on making Orascom no less than the world's No. 1 cell-phone operator, a dynasty that will dominate the sector with a handful of others following the industry's inevitable consolidation. His recent investment in Israel is merely part of Orascom's $1.3 billion acquisition of a 19.3% stake in Hutchison Telecom, based in Hong Kong. Sawiris seeks to increase his stake to 51%, thereby extending Orascom's reach to Southeast Asia through Hutchison's businesses in India, Indonesia and Vietnam. From relatively small beginnings less than a decade...
Taking risks has served Sawiris well, even if he has had to take some hard knocks, Middle East--style. One of his first ventures beyond Egypt was in strife-torn Algeria, where his successful 2001 bid for a cell-phone license turned out to be twice that of his nearest competitor, which led to the creation of an operator called Djezzy. Soon he had turned Orascom's $400 million investment into an asset worth some $4 billion. Later, in 2003, it was the same story in Iraq: Orascom set up the country's first cell-phone network, IraQna, after...
...pianist. For leisure travelers who want a contemporary taste of the U.S. without the supersized portions or the artery-clogging fats, Seasons 52 is a godsend. The locals think of it that way, too, by the way, so be sure to book. Visit seasons52.com for locations, opening times and phone numbers...
...their families, who live about 90 minutes apart in upstate New York, the couple began dating. At a Valentine's Day party, "I had my eyes on her all the time," Sujeet recalls. Later that night, "I started to kiss her. She loved it!" The two began speaking by phone daily. Says Peggy: "They can talk about things"--like what they plan to eat for lunch that day--"that we'd get bored with." Finally, with plenty of plotting by both families, Sujeet popped the question onstage after he played a concert for people with disabilities, a moment that...