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...accuses Investcorp and five of its board members, as well as other defendants, of fraud and extortion. According to the complaint, the defendants tried to loot the Saudi European Bank, an Arab-owned institution in Paris. The lawsuit was filed by the bank's former parent company, headed by Syrian-born banker Jamal Radwan. The complaint charges that several defendants concocted a scheme for Investcorp to take over Saudi European Bank. In addition, Kirdar allegedly threatened to persuade other banks to stop doing business with Radwan's. Some of the individuals named in the complaint are also accused of trying...

Author: /time Magazine | Title: INVESTCORP: ALL THAT GLITTERS... | 11/6/1995 | See Source »

...Although Syrian President Hafez Assad has condemned the assassination, his official state-run paper expressed no sorrow at the event. Syria and its client Lebanon are the only neighboring countries that have not signed a peace agreement with Israel, and little progress has been made in Syrian-Israeli peace talks since they began in 1991. "Syria's stand toward the peace process is fixed and it is still sincere to the issue of just and comprehensive peace in the region," the Tishrin daily said. "Syria will persist with this path regardless of this or that incident." In Lebanon, many cheered...

Author: /time Magazine | Title: SYRIA'S BALANCING ACT | 11/6/1995 | See Source »

Shelemay specializes in ethnomusicology, which is the study of music in its broadest cultural and historical context. She has investigated the musical traditions of Ethiopian religious music--both Christian and Jewish--and is currently investigating the ritual music of Brooklyn's community of Syrian Jews...

Author: By Jeffrey N. Gell, | Title: Telling the Story of the Music | 10/30/1995 | See Source »

...been trying to shed the terrorist image Lebanon acquired during the 1975-1990 civil war. "It is a very serious development, but I don't see a new civil war coming out of it," says Marlowe." There is not that kind of instability now, thanks to about 20,000 Syrian troops on the streets...

Author: /time Magazine | Title: LEADING MUSLIM CLERIC KILLED IN BEIRUT | 8/31/1995 | See Source »

...June 27 in Washington. "Israel has resumed the policy of maneuvering and scattered the wave of optimism . . . and put all peace efforts exerted by the international community in jeopardy," Syria's official government daily, Tishrin, wrote today.TIME Jerusalem bureau chief Lisa Beyersays the statement contradicts positive signals that Syrian President Hafez Assad has sent through diplomatic channels in the wake of Secretary of State Warren Christopher's shuttle diplomacy last week...

Author: /time Magazine | Title: MIDEAST . . . OFF ON THE WRONG FOOT | 6/12/1995 | See Source »

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