Aug. 1 (Bloomberg) — King Fahd, who led Saudi Arabia since 1982 as he balanced pro-U.S. policies and local Islamic forces, died after years of worsening health, state television reported. His age isn’t known, though he was in his early 80s. The king’s half-brother, Abdullah bin Abdulaziz al-Saud, who assumed day-to-day power after Fahd’s 1995 stroke, becomes monarch. He’ll be crowned Wednesday, a Royal Court spokesman said on state TV. Abdullah, who ignored terrorists in the kingdom for a decade, is now battling al-Qaeda cells in the country, where they killed almost 100 foreigners in the past two years. “I don’t expect any change in policies, only continuity,” Prince Turki al-Faisal, Saudi Arabia’s ambassador to the U.S., told reporters at a meeting in London. As ruler of Saudi Arabia since 1982 after the death of half- brother King Khaled, Fahd tapped the world’s largest oil reserves to bolster the royal family and bankroll Islamist groups and poorer Arab states. King Fahd died in King Faisal hospital in the capital, Riyadh, at 7:30 a.m. local time, said a member of the royal family, who declined to be identified. `Saudi Arabia is a dinosaur state,” said Anthony Harris, formerly the U.K.’s ambassador the United Arab Emirates, Saudi Arabia’s Persian Gulf neighbor. “It can’t be good for a country to ruled by leaders in their 80s,” Harris said. Al-Qaeda The ruling family’s balancing act began to unravel after 15 Saudi nationals took up the call of Fahd’s greatest nemesis, Osama bin Laden, and conducted the Sept. 11 terrorist attacks on the U.S. Two decades of per-capita-income decline while the House of Saud continued to build palaces across the world, along with an education system dominated by Islamic studies, provided a recruiting ground for al-Qaeda. To view more pictures and News update pls click READ MORE