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...Many major U.S. banks, in fact, are expanding into unlikely earners of the globe, and several of them are growing faster abroad than at home. Last week Manhattan's First National City Bank -which already has outposts from Santo Domingo to Dubai, the chief port of the Arabian Trucial States - opened an other in the Chowringhi section of Calcutta, and this week Manhattan's Mor gan Guaranty Trust Co. will open a branch in Antwerp. In all, the number of foreign branches operated by U.S. banks has risen in the past five years from...

Author: /time Magazine | Title: Banking: The Glamorous Side | 6/25/1965 | See Source »

This has all been rather unsettling to Abu Dhabi, whose 15,000 Bedouins have got along for centuries on piracy, pearl fishing and intertribal raids. In the 19th century, the swift pirate dhows were swept from the gulf by Britain, which established "a perpetual maritime truce"hence the name Trucial States, given to Abu Dhabi and six other sheikdoms. Pearl fishing became unprofitable when the Japanese cleverly introduced cultured pearls to the world. There was nothing left to Abu Dhabi but intrigue: of the twelve predecessors of the present sheik, only three died peacefully in their palace beds. The rest...

Author: /time Magazine | Title: Middle East: Sheik Jackpot | 5/3/1963 | See Source »

...desert from the venery-in-Araby school-Paul Bowles and Frederic Prokosch-and return it to the unperfumed condition described by that old camel trammeler, Foreign Legion Novelist Percival Christopher (Beau Geste) Wren. The Legion defends no forts in this tale, but there is an outfit called the Trucial Oman Scouts and there is, as a matter of fact, a defended fort. There is also some rousing prose, not all of it defensible. The book opens with: "Call Aubrey George Grant! The moment had come. My mouth felt suddenly dry. The Court was waiting and I knew the ordeal ahead...

Author: /time Magazine | Title: Books: The Mideast Menace | 12/19/1960 | See Source »

Denunciation. Late in the week, as the fighting stepped up in the orange and pomegranate groves outside of the village of Firq, a company of the King's Shropshire Light Infantry arrived in Bahrein from the British base at Nairobi. Firq finally fell after a concentrated attack by Trucial Oman Scouts, covered by machine gunners and mortar barrages from the Cameronians and Hussars...

Author: /time Magazine | Title: MUSCAT & OMAN: The Red & the White | 8/19/1957 | See Source »

...week's end Nizwa surrendered at the sight of a line-up of Muscati infantrymen, supported by Trucial Oman Scouts and British regulars. The Muscatis, wearing plaid skirts and checkered headcloths, were flanked by British armored cars and machine-guns. Down came the white flag of the Imam, up went the red flag of the Sultan. But holed up in the Oman mountains other rebel forces were still hiding and the Imam himself was yet to be found-or even heard from...

Author: /time Magazine | Title: MUSCAT & OMAN: The Red & the White | 8/19/1957 | See Source »

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