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And gas riches that feed one of the globe largest and most acquisitionhungry sovereign prosperity funds, estimated at much more than $ one hundred billion. Its holdings have included stakes in London Harrods division store, the French luxury conglomerate Moet Hennessy Louis Vuitton and soccer Paris SaintGermain. Qatar also has pledged billions of bucks to help companies in debtcrippled Greece and Italy. Qatar political aims are similarly ambitious. It has served as mediator for peace attempts in Sudan Darfur area and among rival Palestinian political factions. Qatar has played a central role in the Arab Spring by supplying critical help for Libyan rebels final year and now a leading backer of Syria opposition. Qatar government started the tv network Al Jazeera in 1996, which transformed information broadcasting in the Arabspeaking globe. The Staterun Qatar Airways is amongst the world fastestgrowing carriers. Is such a transition unusual? It is exceedingly rare amongst the ruling Gulf Arab dynasties. Most leaders stay for life or have been pushed out in palace coups. Qatar outgoing Emir, Sheik Hamad bin Khalifa Al Thani, took manage in a bloodless coup towards his father in 1995. The alter in Qatar was thought to be prompted by well being problems with the sixty one yearold Sheik Hamad, fake ray bans but Qatar officers have not publicly disclosed any details. However it reinforces Qatar daring political style. The changeover to the 33 yearold crown prince, Sheik Tamim bin fake ray ban sunglasses Hamad Al Thani, appears a direct reaction to the Arab Spring needs for reforms and its emphasis on providing a stronger political voice to the area youth. It also upends the ruling hierarchy among neighbouring Gulf allies dominated by previous guard leaders this kind of as the ninety yearold King Abdullah in Saudi Arabia and Kuwait eighty four yearold Emir, Sheik Sabah Al Ahmed Al Sabah. What modifications can be expected? Not many in the short term. The outgoing Emir is expected to maintain a guiding hand over Qatar affairs for years to arrive. His son also has been concerned in most important choices in current years as part of the grooming process. The most noticeable changes will likely be amongst the top government posts. It expected that Qatar longserving Prime Minister and other fake ray ban sunglasses uk people could be changed as Sheik Tamim places together his personal inner circle. An fake ray ban additional feasible new component could be much more social media conversation. The Britisheducated Sheik Tamim was still a teenager when the Internet age began and is well attuned to its affect. Sheik Tamim also headed up Doha unsuccessful attempt for the 2020 Olympics. He could give a increase to a feasible return bid for the 2024 Games. Posted on: Jun 26, 2013 at 13:forty nine IST Posted on: Jun 26, 2013 at 03:07 IST What is the big offer in father handing over energy to his son? What democratic modifications will this alter of guard will bring about? Most likely nothing!