Monday, 24 June 2013

Qatar’s Emir to Hand Over Power to Son, Al Jazeera Says - Bloomberg

"Qatar’s Emir Sheikh Hamad Bin Khalifa Al Thani told his family he’ll hand over power to his son, state-owned Al Jazeera reported, in the biggest leadership shake up in 18 years in the world’s richest country.
British-educated Sheikh Tamim, 33, has steadily acquired a prominent role in Qatar since his appointment as crown prince in 2003. He serves as chairman of the Qatar Investment Authority, the country’s primary sovereign wealth fund, and headed Qatar’s bid for the 2020 Olympics.
Sheikh Tamim “is a legacy builder,” Michael Stephens, a researcher at the Royal United Services Institute in Doha, said prior to the announcement. “He’s not there to cause ruptures in the policy. He’s very much part and parcel of the initiative of his highness.”"

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