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Word: fahd (lookup in dictionary) (lookup stats)
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...Without Fahd's help, Anwar Sadat would probably not be in power in Egypt today. When Sadat's regime was shaken by food-price riots in January 1977, the Saudis and their oil-rich friends in the gulf put together a $4 billion aid package to keep Sadat afloat. Fahd was unhappy about not being adequately consulted by Sadat on his peace initiative and was fearful that it might fail; nonetheless, the Saudis announced that their financial aid to Egypt would continue...

Author: /time Magazine | Title: SAUDI ARABIA: The Desert Superstate | 5/22/1978 | See Source »

...anxiety about their future security. Oil Minister Ahmed Zaki Yamani declared recently that he feared "the day may come, toward the end of the 1980s, when the world will see an all-out oil war in which the strong will fight over the wealth of the oil-exporting countries." Fahd never provokes Communist propaganda assaults by attacking the Soviet Union directly, but he is wary of its designs on the Middle East. He has extended aid to Somalia, Djibouti and other countries in the area to offset Soviet influence, and has occasionally made contributions to anti-Communist political institutions...

Author: /time Magazine | Title: SAUDI ARABIA: The Desert Superstate | 5/22/1978 | See Source »

From his earliest days in the Saudi government, Fahd has been a close friend of the U.S. Today, he and Sadat are Washington's two most important allies in the Arab world. The Crown Prince is responsible for the Saudi policy of holding the line on oil price rises, reasoning that his country ultimately must look to the U.S. for its security and therefore that anything damaging to the American economy will eventually endanger Saudi Arabia. He is also responsible for the Saudi decision to increase its productive capacity, which was requested by Washington...

Author: /time Magazine | Title: SAUDI ARABIA: The Desert Superstate | 5/22/1978 | See Source »

...Middle East states, the one country in which large increases are still feasible is Saudi Arabia. The Saudis' present capacity is 11.9 million barrels per day, though their current production ceiling is 8.5 million per day and actual production last month dropped to 6.6 million per day. Nonetheless, on Fahd's orders, Saudi Arabia is proceeding with an $11 billion program aimed at increasing production capacity to 14 million barrels per day by the early 1980s. Saudi Arabia hardly needs the extra revenues. As Planning Minister Nazer said last week, "Production of between 5 million and 7.9 million barrels would...

Author: /time Magazine | Title: SAUDI ARABIA: The Desert Superstate | 5/22/1978 | See Source »

...modern House of Saud comprises the descendants of Abdul Aziz and his five brothers. Supreme power is held by the "Inner Six," a council made up of the heads of the family's six principal branches. Oddly enough, neither King Khalid nor Crown Prince Fahd is a member of the Inner Six; their branch of the family, that of Abdul Aziz, is represented by an older brother, Mohammed, who long ago renounced his claim to the throne...

Author: /time Magazine | Title: World: The House of Saud: Solidarity Forever | 5/22/1978 | See Source »

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