National Geographic : 1975 Oct
respected editor of the Middle East Economic Survey, had told me in his Beirut office that he thought it was "simply a seat higher up the table. The next ten years will be their period of maximum bargaining. If they don't use that time well, they won't get anywhere." As for the transfer of wealth, "It's really all that hardware arriving every day at every Gulf port-the steel rods, the air conditioners, the cars. One can trace the roots of Western resentment to this: We have to produce more and more to buy the same amount of oil." And what about the price of oil? Whether In tune with tradition, the Bank of Oman in Abu Dhabi attracts women customers by offering a separate facility to assure their privacy. Under Moslem law, wives and daughters receive an in heritance from husbands and fathers; they sometimes accumulate sizable re serves. So potentially valuable is their business that a few banks now operate ladies' sections full time. The Arab World, Inc.