Qatar Gives Top Jobs to Executives, Younger Royals in Revamp - Bloomberg

Qatar Gives Top Jobs to Executives, Younger Royals in Revamp - Bloomberg:

Qatar’s ruler elevated younger royals and prominent business executives to top leadership positions on Sunday in the biggest shake-up since the gas exporter retooled its economy and political alliances to resist a Saudi-led boycott imposed in 2017.

The changes, which include the top jobs at Qatar Petroleum and Qatar Investment Authority, the country’s sovereign wealth fund, could put the economy on a stronger footing as regional heavyweight Saudi Arabia faces increasing pressure to end the rift following last month’s killing of prominent Saudi critic Jamal Khashoggi in Istanbul.

“The Qatari leadership is most certainly exploiting the geopolitical context to highlight its commitment to fixing the bureaucracy and longstanding systemic challenges in government,” said Ayham Kamel, head of the Eurasia Group’s Middle East and North Africa research team in New York.