Word: saudi
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...that is considering funding a Hamas-led government would think about the implications of that for the Middle East and for the Middle East peace process," Rice told a group of Washington-based Arab journalists last week."Most of the Arab states are committed to a peace process, including Saudi Arabia, the Gulf states, Egypt, Jordan - all committed to a peace process. Now, if you're committed to a peace process, you also have to be committed to partners who are prepared to seek peace and I would hope that would be the case...
...Hoteliers in Asia and the Middle East are cashing in on North America's great room rates and feasting on that luxury-lodgings market. Dubai-based Jumeirah has assumed management of New York City's Essex House, and Bombay-based Tata Group scooped up the Pierre. And now Saudi Prince Alwaleed bin Talal al-Saud is spearheading the most recent five-star bid: a $3.9 billion offer by his Kingdom Hotel International and Colony Capital to buy Toronto-based Fairmont Hotels & Resorts. The two companies want to create a $5.5 billion high-end leader, with 120 hotels in 24 countries...
Hoteliers in Asia and the Middle East are cashing in on North America's great room rates and feasting on that luxury-lodgings market. Dubai-based Jumeirah has assumed management of New York City's Essex House, and Bombay-based Tata Group scooped up the Pierre. And now Saudi Prince Alwaleed bin Talal al-Saud, below, is spearheading the most recent five-star bid: a $3.9 billion offer by his Kingdom Hotel International and Colony Capital to buy Toronto-based Fairmont Hotels & Resorts. The two companies want to create a $5.5 billion high-end leader, with 120 hotels...
...bristles at such measures, arguing that it was elected democratically and should be given time to prove itself in government. But the group is aware it needs help. Party leaders say if Western aid stops, the group can still sustain itself with money from countries such as Iran and Saudi Arabia and wealthy benefactors from the Persian Gulf--although U.S. Secretary of State Condoleezza Rice plans to discourage such aid during a visit to the region this week. Hamas also hopes to gain some international legitimacy through a scheduled meeting with Russian President Vladimir Putin in Moscow next month. Some...
Furthermore, if professors are intent on improving the Middle East or any other troubled part of the globe, they have their work cut out for them—as academics. How about raising a matching fund of $20 million at Harvard to establish in Saudi Arabia an institute for the study of democracy? Academics who believe in the merits of an open university can do no better than to encourage the free spread of information and of competitive ideas to parts of the world where such privilege is discouraged or denied...