1.
GV EMIR'S HOUSE
0.03

2.
GV INT. GUESTS GREETED BY EMIR
0.07

3.
SV & SCU EMIR GREETING GUESTS (2 SHOTS)
0.18

4.
CU EMIR
0.20

5.
GV PAN. GUESTS
0.29

6.
SV's EMIR EMBRACED BY GUESTS
0.35

7.
SV EMIR SHAKES HANDS WITH MAJOR GENERAL ARIF AND DR. M. NASSER
0.40

8.
SV PAN. IRAQI'S PAST CAMERA
0.45

9.
SV EMIR SHAKES HANDS WITH PRESIDENT ISMAIL AL AZHURY
0.48

10.
SV PAN. SEATED GUESTS
0.51

11.
CU EMIR SEATED
0.55

12.
GV EXT. HOUSE
1.00



Initials JGS/VS/MGT/PC



Script is copyright Reuters Limited. All rights reserved

Background: THE NEW RULER OF KUWAIT, SHEIKH SABAH AL SALIM AL SABAH, OFFICIALLY MET KUWAITI SHEIKHS AT HIS HOUSE IN KUWAIT. PRESIDENT ISMAIL AL-AZHARY OF SUDAN AND MAJOR GENERAL ARIF, BROTHER OF PRESIDENT ARIF OF IRAQ WERE ALSO PRESENT TO GREET THE NEW EMIR.

SHEIKH SABAH AL SALIM AL SABAH SUCCEEDS AS THE NEW EMIR OF KUWAIT AFTER THE DEATH OF HIS BROTHER SHEIKH ABDULLAH AL SALEM AL SABAH ON WEDNESDAY. THE LATE EMIR OF KUWAIT HAD RULED THE WORLD'S RICHEST OIL STATE FOR MORE THAN 15 YEARS.

THE NEW KUWAITI RULER HAS FIVE SONS AND SEVEN DAUGHTERS - THE ELDEST OF HIS SONS IS AT PRESENT THE KUWAITI AMBASSADOR IN LONDON. THE EMIR, WHO IS 51, IS A FORMER CROWN PRINCE AND PRIME MINISTER OF KUWAIT UNDER THE 1963 CONSTITUTION.

SINCE THE FIRST BARREL OF PRODUCTIVE OIL WAS PUMPED FROM UNDER THE SANDS OF KUWAIT 21 YEARS AGO, MILLIONS OF POUNDS STERLING HAVE ACCUMULATED IN THE KUWAITI COFFERS AS ROYALTIES MOUNTED HIGHER AND HIGHER. THESE ROYALTIES ARE NOW ESTIMATED AT GPB10,000 A DAY. ALTHOUGH NO EXACT FIGURES HAVE BEEN ISSUED BY KUWAIT ON THE INVESTED FORTUNE, IN JULY 1964 THE THEN FINANCE MINISTER TOLD THE NATIONAL ASSEMBLY THAT KUWAIT'S TOTAL INVESTMENT IN COUNTRIES OTHER THAN BRITAIN AMOUNTED TO ABOUT 400 MILLION POUNDS. IN BRITAIN THE HOLDINGS ARE BELIEVED TO BE AROUND 250 MILLION POUNDS.