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...that he had a choice. Former Citigroup chief Sandy Weill, who created the financial colossus by merging his Travelers Group with Citicorp in 1998, had traveled to Saudi Arabia to tell Citi's biggest individual shareholder, Prince Alwaleed bin Talal, that the other Prince had to go. Alwaleed reportedly wanted Weill to return to the helm, but there was little appetite for that on Citi's board...

Author: /time Magazine | Title: Assessing the Mess at Citi | 11/8/2007 | See Source »

While MTV may have popularized the music video, in the Middle East it is chasing its clones. Competitor Rotana has four Beirut-based music channels, financed by Saudi billionaire Prince al-Waleed bin Talal. Melody, out of Cairo, is controlled by Egyptian telecoms magnate Naguib Sawiris. Mohammed Yanez, MTV talent and music director, says his channel will be different. Sure, there will be stars like Elissa, Nancy Ajram and Amr Diab, but Yanez wants a little less melodrama. "We are always weeping in Arabic music," he complains. He plans to mix it up with Arab hip-hop, a genre that...

Author: /time Magazine | Title: MTV's Arab Prizefight | 11/2/2007 | See Source »

...Launched first in Jordan this morning, and then in other countries over the course of the day, the letter gets its final unveiling at a joint press conference in Washington, D.C., this afternoon by Mustafa Ceric, Grand Mufti of Bosnia, and John Esposito, director of the Prince Alwaleed Bin Talal Center for Muslim-Christian Understanding at Georgetown University. By pointing out the similarities between the Bible and the Koran, between Christianity and Islam, the letter's signatories are asking Christian leaders to "come together with us on the common essentials of our two religions...

Author: /time Magazine | Title: Muslim Leaders Send Peace Message | 10/11/2007 | See Source »

...second incident occurred just after the Sept. 11 attacks. Saudi Prince Alwaleed bin Talal handed Giuliani a check for $10 million to help with relief efforts, but the check was accompanied by a press release in which the Prince said it was time to get to the roots of the problem in the Middle East, which included Palestinians "slaughtered" by Israel "while the world turns the other cheek." Giuliani refused to accept the money. "There is no moral equivalent for [the 9/11 attacks]," he said. "And to suggest that there's a justification for it only invites this happening...

Author: /time Magazine | Title: President Fuhgeddaboutit | 4/12/2007 | See Source »

...Talal Salman, editor of Lebanon's As Safir newspaper, wrote Tuesday that this Arab backing for Siniora has increased the defiance of the Hizballah-led opposition, making "an inter-Lebanese solution to the crisis out of reach...

Author: /time Magazine | Title: A New Civil War in Lebanon? | 12/5/2006 | See Source »

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