Qatari leaders expected to step down-sources

World News
10-06-2013 | 11:43
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Qatari leaders expected to step down-sources
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Qatari leaders expected to step down-sources
      
Qatar's powerful prime minister, Sheikh Hamad bin Jassim al-Thani, is preparing to step down as part of a wider power transition that may also see the country's ruler ceding power to his son, Crown Prince Sheikh Tamim, Arab and Western diplomats said on Monday.         

Such a change could inject an element of uncertainty into the foreign policies of the U.S.-allied gas exporter, which is a global investment powerhouse and a bankroller of Arab Spring revolts in alliance with the Muslim Brotherhood.        

"(The Emir) has had (this) in mind for quite a long time. The path has clearly been paved over the past year for authority to be transferred to Tamim," a Doha-based diplomat told Reuters, referring to head of state Sheikh Hamad bin Khalifa al-Thani.          

"The plan has always been for this to happen, but it's been a question of timing."           

The diplomats said they understood the motive for the reported reshuffle was the desire of the leadership to have a smooth transition to a younger generation. Such a move would be relatively unusual in Gulf Arab politics: It is customary for Gulf Arab heads of state to continue in office until death.           

Sheikh Hamad Bin Jassim, 53, has been prime minister since 2007 and has played a key role in positioning Qatar as power broker in the region. He is also chairman of the board of the Qatar Investment Authority (QIA), a position he is expected to retain. QIA has estimated assets of $100 billion - $200 billion.


REUTERS
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