The dollar peg will remain for a while, at least from what I have seen so far in news reports which quote governments, reserve banks and GCC.

Its a big decision with a lot of ramifications. I believe that amongst the GCC countries, only Kuwait has unpegged its currency so far. Dont forget that what is bad for you may not necessarily be bad for the country. The government will decide to delink its currency only if there are long term financial, economical, political and other benefits.

I think its a complex subject and if you really want to understand this stuff, you could try googling for the answers.

"The power of accurate observation is commonly called cynicism by those who have not got it"