Word: kuwaiti
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Soon after nationalization, the OPEC countries realized they could not compete against the Sisters' global distribution networks; the prospects of Kuwaiti refineries in Rotterdam and Saudi gas stations in Illinois evaporated quickly. Indeed, those countries that had their national oil companies sell crude directly to the world market were usually disappointed with the prices they got and the quantities they moved. So the OPEC countries have negotiated pacts under which the Sisters continue to pump the oil, for a fee, take a guaranteed share for themselves, and buy most of the rest at a fixed price...
...they can say hello to Mickey Mouse and see the embodiments of American fantasies. At California's Disneyland, nearly 9% of all visitors are foreign, and the percentage is only slightly smaller at Disney World in Florida. Arabs are thrilled most of all by the roller coasters. A Kuwaiti businessman was disappointed when told he could not rent California's Magic Mountain amusement park for a day exclusively for his party of twelve...
...American owner of a high-quality shopping center, hotel or office building can find foreign investors eager to take it off his hands for a top price. The $100 million Atlanta Center office and hotel complex was begun in 1973 with a $10 million participation by Kuwaiti investors; the Kuwaitis have now bought out their American partners. Two weeks ago, a consortium of European banks paid $62.5 million for one-half ownership of Houston's tallest building, a 50-story office tower at One Shell Plaza, and the 29-story Two Shell Plaza...
...Daoud's murky life is certain. He was indeed born near Jerusalem, and his family still lives in Siluan. After high school, he taught math and physics in Jordan and joined the outlawed Communist Party. He later taught in Saudi Arabia, studied law and worked for the Kuwaiti Ministry of Justice. In 1965 he joined the fledgling Fatah, taking the code name Abu Daoud (which means father of David, his oldest son), and became a protege of Abu lyad, Fatah's second-ranking leader after Yasser Arafat...
...Kuwait, the fourth largest OPEC producer (2 million bbl. per day), conceded that its production is running below normal. Many of Kuwait's customers obviously were shifting their orders to Saudi Arabia, which produces the same heavy-grade heating oil that has been the mainstay of Kuwaiti petroleum exports...