Qatar ruler abdicates in favor of son

DOHA: Qatar’s ruler, Shaikh Hamad Bin Khalifa Al Thani has transferred power to the 33-year-old crown prince.

Shaikh Tamim Bin Hamad Al Thani was appointed as crown prince in 2003 and now he serves as the chairman of the Qatar Investment Authority, the country’s primary sovereign wealth fund.

According to Gulf News report, Shaikh Hamad said that Shaikh Tamim is qualified for the responsibility and is trustworthy enough to open a new page in the country’s journey with innovative ideas.

The managing editor of Al Arab newspaper, Abdullah Al Athbah, , said that there will be a big change in the foreign and domestic policies as Tamim had been very close to his father and Shaikh Jasem.

Shaikh Tamim will likely begin the process of putting together a new government that may be in direct contrast to the old guard leaders across the Western-backed Gulf Arab states. 

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