Actually he is 'Chairman' Arafat. That is his correct title.
Like 'Chariman Mao.' Both Marxists.
'President' of a non-existent nation?
Reminds me of an old Jackie Gleason/Honeymooners bit.
Ralph yells at Alice - 'I'm the King around here - and you are NOTHING!
Fine, she says - you are the King of nothing!!