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Email this article: Saudi appoints Prince Salman crown prince
Posted: Mon June 18, 2012 5:05 pm
SAUDI ARABIA. Saudi Arabia's King Abdullah has appointed Defense Minister Prince Salman as crown prince and heir apparent, ensuring a smooth succession at a time of tough challenges.
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UAE. An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the U.S. dollar, but local bankers said any change to the peg remained very unlikely for the foreseeable future.
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