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Politically, however, Saudi Arabia remains stable. The House of Saud is closely allied with the country's religious leadership and controls the key sectors of the economy. Most observers agree that oil prices could fall much further without affecting the family's rule...

Author: /time Magazine | Title: Poor Little Energy-Rich Kids | 4/14/1986 | See Source »

Halfway around the world from Cancun, a similar flurry of nervous consultation took place. In the Saudi Arabian capital of Riyadh, Hussain Lwasani, the Iranian Foreign Ministry's director for African and Arab affairs, met with Saudi Foreign Minister Prince Saud al Faisal. Lwasani's mission, said a Saudi spokesman, was "related to the current oilmarket situation." A day later, Major Khoualdy Humaidi, a member of Libyan Strongman Muammar Gaddafi's governing Revolutionary Command Council, showed up for a session with Saudi King Fahd. Later, it was announced that the 13-member Organization of Petroleum Exporting Countries would hold...

Author: /time Magazine | Title: Politics a New Game in Oil Power | 2/10/1986 | See Source »

...five. For seven days next month, however, one itinerant supplicant may find it difficult to perform the ritual of touching his forehead to the floor during prayers. As a "payload specialist" on the next voyage of the space shuttle Discovery, Saudi Prince % Sultan ibn Salman ibn Abdul Aziz al Saud, a nephew of King Fahd's, will help supervise the launch of Arabsat 1B, a communications satellite funded by 22 Arab countries. Says he: "My flight has great significance. More young people in Saudi Arabia will look at the mission and open their eyes to technology and science...

Author: /time Magazine | Title: Space: New Heights for His Highness | 5/27/1985 | See Source »

...practiced by the mullahs in neighboring Iran. Zia has remained on correct terms with both Iran and Iraq and strengthened Pakistani ties with the gulf states, particularly Saudi Arabia. There, under the terms of a secret defense agreement, 30,000 Pakistani troops are on duty defending the House of Saud and its oil riches...

Author: /time Magazine | Title: Pakistan Winning Some and Losing Some | 3/11/1985 | See Source »

Gemayel made no public announcement that he was scrapping the accord. He simply accepted an eight-point Saudi Arabian peace plan that includes abrogation of the May 17 pact; Saudi Foreign Minister Prince Saud al Faisal then delivered it to the Syrians. Other points called for a ceasefire, a negotiated simultaneous pullout of Israeli and Syrian forces coupled with security guarantees to Israel, and a reconstitution of Gemayel's Christian-dominated government to give a much greater share of power to his Muslim opponents...

Author: /time Magazine | Title: Failure of a Flawed Policy | 2/27/1984 | See Source »

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