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“The Saudis considered the petroleum under their soil a gift from God, but accessing its value laid within man’s capacity.”
― Saudi, Inc.
― Saudi, Inc.
“In 1979, while Saudi Arabia was in the midst of a process of
liberalization, a group of religious fanatics seized the Grand Mosque in
Mecca. The Masjid al-Haram houses the kaaba, considered the holiest sitefor Muslims. This incident was a national trauma and transformative for al Saud, who reacted to it with an increased religious traditionalism enforced by the government and spearheaded by the ulama. Ambassador Smith credited a clear transformation to what occurred in 1979. “Saudi Arabia started going ultraconservative after the takeover of the Holy Mosque.”
― Saudi, Inc.
liberalization, a group of religious fanatics seized the Grand Mosque in
Mecca. The Masjid al-Haram houses the kaaba, considered the holiest sitefor Muslims. This incident was a national trauma and transformative for al Saud, who reacted to it with an increased religious traditionalism enforced by the government and spearheaded by the ulama. Ambassador Smith credited a clear transformation to what occurred in 1979. “Saudi Arabia started going ultraconservative after the takeover of the Holy Mosque.”
― Saudi, Inc.
“Another casualty of Feisal’s return to power was Abdullah Tariki, the general director of petroleum and mineral resources. Tariki is a well-known figure in global oil politics, mostly because in 1960 he cofounded, along with Venezuelan oil minister Juan Perez Alfonso, the Organization of Petroleum Exporting Countries, better known as the OPEC cartel.”
― Saudi, Inc.
― Saudi, Inc.
“The Saudis considered the petroleum under their soil a gift from God, but accessing its value laid within man’s capacity. Until the Saudis developed the capabilities themselves, they would simply import the human capital they needed to make that petroleum valuable. This meant importing
Aramco to run the oil industry, IBI and, later, other companies to build modern cities and transportation, and even American financial advisors to create a modern banking system. The trick was to buy what they did not
have from the outside, and then to make it their own.”
― Saudi, Inc.
Aramco to run the oil industry, IBI and, later, other companies to build modern cities and transportation, and even American financial advisors to create a modern banking system. The trick was to buy what they did not
have from the outside, and then to make it their own.”
― Saudi, Inc.
Whitney’s 2025 Year in Books
Take a look at Whitney’s Year in Books, including some fun facts about their reading.
1,118 books
|
14 friends
734 books
|
184 friends
1,124 books
|
15 friends
263 books
|
13 friends
303 books
|
153 friends
119 books
|
46 friends
148 books
|
10 friends
384 books
|
62 friends
More friends…
Favorite Genres
Polls voted on by Whitney
Lists liked by Whitney
