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...Chase Manhattan Bank, where he was in charge of operations in the Persian Gulf. (Many of his senior executives are Chase alumni.) He was there at the height of the oil shocks of the 1970s and forged close ties with some of the richest men in the region. Abdul-Rahman Al-Ateeqi, a former Oil Minister and Finance Minister of Kuwait, has been Investcorp's chairman since the beginning. The vice chairman, Ahmed Ali Kanoo, heads a family with a net worth estimated at $1.5 billion...

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

...been curtailed. Investment, aside from a boomlet in construction, is minimal. Shawa says Gaza needs an immediate infusion of $400 million for development, but only $120 million has been pledged by international donors, and a mere $12 million has been delivered. "People's souls are dying slowly," says Asia Abdul-Hadi, a Gaza journalist. "That's worse than being shot...

Author: /time Magazine | Title: HOPELESS IN GAZA | 10/9/1995 | See Source »

...trivial, cheap cosmetics. Paving a few roads, some improvement in education and public health--that's it." More trenchant complaints focus on corruption and nepotism in the Authority, the intimidating presence of several Palestinian security services and the lack of legal recourse. "No one feels free to talk," says Abdul-Hadi. "Even during the intifadeh [the 1987-94 Palestinian uprising] we could speak more freely." Since the Authority took control, about 1,500 people, most described as Arafat opponents, have been detained, often without formal charges. A State High Security Court, whose legal foundation is the revolutionary code that...

Author: /time Magazine | Title: HOPELESS IN GAZA | 10/9/1995 | See Source »

...Yousef and Salameh put their bomb in a van and drove it to the basement of the World Trade Center. The eventual explosion killed six people and injured more than 1,000. Within days the main suspects in the bombing were arrested--except for Yousef, who, using the name Abdul Basit, escaped on a plane to Pakistan just hours after the explosion. Says Dwyer: ``He masterminded every detail of the plot, including his own escape, which he pulled off more expeditiously than anyone else.'' Yousef's capture was the culmination of one of the most extensive and painstaking manhunts...

Author: /time Magazine | Title: THE MAN WHO WASN'T THERE | 2/20/1995 | See Source »

...talks continued, Algerian police, using night-vision devices, identified the hijack leader as Abdul Abdullah Yahia, 25, alias "the Emir." A petty thief and a greengrocer from the tough Algiers neighborhood of Bab El Oued, Yahia was described as belonging to the G.I.A. and a man who had taken part in earlier "attacks of rare violence and savagery." The negotiators said Yahia spoke "approximate" French, seemed "intellectually limited" and ended every sentence with "Inch'Allah," or God willing...

Author: /time Magazine | Title: Algeria: Anatomy of a Hijack | 1/9/1995 | See Source »

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