Word: saud
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Dates: during 1990-1999
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...training center in Riyadh, Saudi Arabia's capital, last November. Warnings of more outrages had been coming by phone and fax for months, and security measures at military facilities had been stepped up. Troubling long-range strategic questions also demand answers. Is the rule of the royal House of Saud in more danger than the West suspected? Does the presence of about 5,000 U.S. troops in Saudi Arabia bolster or undercut stability in the land? Could it go the way of Iran? Its future matters immensely because it produces 8 million...
...generating a wave of young, middle-class urbanites who are coming out of strictly religious universities to find there are no jobs for them. Unemployment among young people may be as high as 25%. Set these conditions against the high living and charges of corruption in the House of Saud, and bitterness is the result...
...office near Khartoum, bin Laden acknowledges his political opposition to the House of Saud, but belittles the terrorism charges. During the long conversation--interrupted twice for prayers--he explained the accusations against him by saying, "The Egyptians would catch somebody who would say, 'I was trained in bin Laden's camp.' These camps were set up to help the Afghans, but suddenly the Egyptian media is blaming me for anything that happens. It's like blaming a university for students who graduate and go perform bad deeds...
...Turner and Rupert Murdoch are no longer the world's most eccentric media moguls. MICHAEL JACKSON has announced a deal to create Kingdom Entertainment, "one of the best global entertainment multinational organizations in the world," with PRINCE AL-WALEED BIN TALAL BIN ABDULAZIZ AL-SAUD, nephew of Saudi Arabia's King Fahd. The Prince, who seems to favor working with troubled operations (he already owns part of Euro Disney and London's Canary Wharf), says he wants to provide the world with family-oriented entertainment, from theme parks to concert tours, including Jackson's. For now at least, attracting publicity...
...Middle East that yielded Bechtel's biggest prize to date--oil. The company seized upon the opportunity by building much of the Arab world's modern oil-producing infrastructure. McCartney reports that even as Bechtel was working hard to establish cozy ties with Saudi Arabian King Ibn Saud, former employees of the company were involved behind the scenes. Several worked for the U.S. Export-Import Bank, a government agency that subsidizes American corporate ventures abroad, to facilitate financing for the enormous projects...