Word: saudi
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Dates: during 1950-1959
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...world, which may compete at filling-station pumps but frequently join in partnership abroad, were adamant. They would split with Arab governments only at the production stage, would not let governments in on the profits of marketing. This week negotiations are heading for a showdown in Jidda between the Saudi Arabian government and one of the biggest U.S. oil companies that could upset the whole grand scheme...
They are more concerned by the deal being discussed by Indiana Standard with Saudi Arabia. At the bargaining table sits swart, smiling Sheik Abdullah Tariki, 39, the Arab oil expert whom Americans most respect and fear. Head of the Saudi office of Petroleum and Mineral Affairs, Tariki is an oil engineer with a master's degree from the University of Texas, is divorced from his American wife. His dedicated Arab nationalism is reportedly deepened by painful memories of having been confused with Mexicans in Texas. In the land of sheiks with Cadillacs and concubines, he is regarded as personally...
...Tariki's deal with the Japanese promised at best small profit in limited markets, and only after years of waiting; Western companies alone, with their tanker fleets, refining facilities and extensive marketing systems, can offer an immediate and sizable outlet for Middle East oil. The feudal princes of Saudi Arabia, who have overdrawn on their big profits to support their luxurious living, are interested in getting the most possible revenue now. But Tariki, an admirer of Nasser, shows a disposition to settle for less revenue now, which in his view is wasted on palaces and princes, in favor...
Married. Prince Fahd ibn Abdul Aziz, 40, Minister of Education for Saudi Arabia, brother of King Saud and one of some 40 sons of the late Ibn Saud; and Safinaz Nour, 18; in Cairo. Prince Fahd gave his bride jewelry worth an estimated $275,000, a collection of Christian Dior dresses, a cash gift of $40,000, presented her family with six U.S. limousines...
...Lebanon, Jordan, the U.A.R., Iraq, Yemen, Saudi Arabia, the Sudan, Libya...