Word: sheiks
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...Riyadh International Airport last week and awaited their royal guests. One by one, special jetliners landed, carrying the rulers of the five Persian Gulf nations that, along with Saudi Arabia, constitute the Gulf Cooperation Council (G.C.C.).* Fahd and Abdullah emerged onto the shimmering tarmac to greet each arriving sheik and sultan, then escorted him in to meet the King. While white-robed Saudi national guardsmen, armed with machine guns and golden daggers, looked on, the rulers exchanged embraces and sipped cups of hot, aromatic coffee before being whisked off by limousines to their luxurious suites at the Nasseryah Conference Palace...
...multimillion-dollar estate in Riyadh, Sheik Abdul Aziz Tawajiri, a commander of the Saudi Internal security force under Prince Abdullah, delivered an emotional warning. Its essence: Saudi Arabia's aspirations to pan-Arab leadership are incompatible with close Saudi-American friendship, so long as the U.S. remains Israel's chief supporter. Within Saudi Arabia, warned Tawajiri, "a generation gap is developing. Perceptions of the U.S. are changing, slowly perhaps, but for the worse." As most of his ten sons sat silently near by, the sheik, who is in his early 70s, asserted that they "have sizzling arguments with me. They...
...became apparent very quickly last week that Saudi Oil Minister Sheik Ahmed Zaki Yamani had finally won his test of will with the other OPEC members. They agreed to drop the bench-mark price of crude by $2, and Saudi Arabia indicated that it will lower production immediately from 9.3 million bbl. per day to 8.5 million bbl. The only real disagreement at the session was over the various premiums that members could charge for their crude in addition to the new base price. Algeria and Libya, for example, will be permitted to demand $4 per bbl. more for their...
...Santa Fe could turn out to be Kuwait's most successful diversification move yet. The nation's government-owned Kuwait Petroleum Corp., which is directed by Sheik Ali Khalifa al-Sabah, the country's Oil Minister, already operates a fleet of more than a dozen supertankers. Earlier this year, the firm entered into joint ventures with U.S. companies, giving it a $185 million share in a Hawaiian oil refinery as well as participation in a U.S. oil exploration group. Kuwait, though, has not always been able to buy its way into the American market.Its 1980 attempt...
Dayan's suggestion of concessions was a major reversal of opinion. Prior to Carter's visit, Dayan had often said that Israeli control of Sharm el-Sheik, the strategic point on the southern tip of Sinai peninsula which controls the entrance to the gulf of Arabia, was worth more than a peace treaty with Egypt...