Word: saudi
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Profits from these fields bring Saud a yearly income of $300 million, finance his government, build his palaces and swimming pools, buy him Cadillacs and Convairs. But Saud knows that without U.S. skills and capital, there are not enough technicians and engineers in the whole Moslem world to get Saudi Arabia's oil out of the ground...
...them. That Saud has not is a tribute to his own character and to the evolution of a businesslike arrangement as an alternative to colonialism's notorious evils. For the partnership between king and company has been based from the first on strict terms of U.S. noninterference in Saudi Arabia's domestic policies. The royalties Aramco pays provide 90% of the government's revenues. Without Aramco, Saudi Arabia would revert to a black-tent kingdom of camels, date palms and holy places. But no U.S. adviser has his office in the palace compound (as the British ambassador...
...feudal desert King, in his three years on the throne, has shown himself a man who prefers gestures to words, and understandings to contracts. At this time of shifting allegiances in the Middle East, it was a significant gesture that Saudi Arabia's Saud chose to cross the Atlantic at the invitation of "my friend Eisenhower...
...King, and he treated this wealth as a personal possession. His sons, given bottomless allowances for travel abroad, poured out of Arabia and into the gay spots of the Middle East. Soon the Middle East seethed with stories of their excesses. Nearly every Cairo nightclub had its Saudi prince surrounded by procurers and willing belly dancers. There were stories of a $15 tip given a waiter for a box of matches, of girls getting diamond rings just by admiring them, of a drunken Saudi prince staggering into an "exclusive Egyptian club shouting: "Pigs, stand up in the presence...
...Within Saudi Arabia princes built palaces for their private comfort, hotels and apartment houses for their private profit. Officials and palace hangers-on made fortunes in kickbacks and invested their profits in Egyptian or Lebanese real estate. When a Western diplomat tried to hint to Ibn Saud that his money was being stolen by corrupt officials, the Old Lion summoned his finance minister and demanded 1,000,000 riyals on the. spot. Soon sacks of coins were stacked around him. Triumphantly, the old king turned to the diplomat, declaring: "As King I must know that there is money available...