Word: fahd
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Dates: during 1980-1989
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Royal Decree M/13 struck the 4 million foreigners living in Saudi Arabia with the force of a sandstorm. Prompted by sagging oil prices and a projected $10 billion budget deficit, King Fahd declared by edict last week that foreigners, including 35,000 Americans, must pay income taxes of up to 30% for individuals and 45% for companies...
...Riyadh to coordinate defense strategies. The six -- Saudi Arabia, Kuwait, Qatar, Oman, Bahrain and the United Arab Emirates -- fear that they will be drawn ever more deeply into the conflict. Iran has already launched Chinese Silkworm missiles against Kuwait. At the summit's opening, Saudi Arabia's King Fahd said the Iranians were "pointing their arrows to our chests instead of helping us to liberate Jerusalem from Zionist domination. There is no reasonable justification for this other than the desire for expansion...
Such success seemed a remote prospect when, a few days before the summit began, King Fahd ibn Abdul Aziz of Saudi Arabia announced he would stay home, a decision that was seen as a blow to King Hussein's prestige. Fahd's absence set off a new round of speculation about his effectiveness as a leader. Saudi watchers in Washington and Arab capitals say the King, in power since 1982, has proved disappointingly indecisive in dealing with Saudi Arabia's economic problems and its worsening relations with Iran. In addition, the King's battles with diabetes and obesity are said...
...confirm Fahd's waning authority, his proxy in Amman, Crown Prince Abdullah, played an important role in persuading Syria's Assad to moderate his views. Moreover, the absence of the Saudi monarch served, as it turned out, to cast more of the spotlight on Jordan's Hussein, who has emerged in recent years as the Arabs' most active statesman. In the end, it was Hussein who persuaded Assad and Saddam Hussein to talk directly to each other...
Many of his customers return within three years to trade up to a superyacht. "Twenty-five years ago, a 120-footer was for kings and princes," says Denison. "Now the average boat we build is 90 feet." As for size, which matters greatly to yacht owners, King Fahd of Saudi Arabia owns the world's biggest yacht, the 482-ft. Abdul Aziz, which includes a mosque and a movie theater that seats 100. Because the King's yacht is currently in drydock, the unquestioned ruler of the waves is Queen Elizabeth's 412-ft. Britannia...