VOL. XLI

No. 50

14-December-1998

SAUDI ARABIA

Saudi Crown Prince 'Abd Allah Calls For GCC Economic Unity

Saudi Crown Prince 'Abd Allah ibn 'Abd al-'Aziz has warned that thedays of oil boom are over and that there is a need for both governments and peoples toadjust to a new way of life. Addressing the 19th Gulf Cooperation Council (GCC)summit in Abu Dhabi on 7 December, Prince 'Abd Allah said that in the coming period theprivate sector will be forced to shoulder part of the burden which has thus...