Tuesday 25 June 2013

See the new leader of Qatar and see what he rules over.

The ruler of mega-rich Arab state Qatar has handed power to his son in a rare bloodless transition of power.
British-educated crown prince, Sheik Tamim bin Hamad Al Thani, will take control of the hugely wealthy and influential Gulf state which has become one of Britain's biggest investors.

Foreign Secretary William Hague has welcomed news of new leader, taking to Twitter to say: 'Historic day for Qatar as the new generation takes over.'

The 33-year-old new ruler will take over a country with a sovereign wealth fund thought to total $100biliion which owns Harrods and Christie’s, has financed the Shard and has major stakes in a number of high-profile British institutions.
See what a 33 year old leader rules over...
More pics after the cut

 The only time the Qataris have excited the curiosity of the British was when two of their royal family's matching turquoise supercars were clamped outside Harrods, which they own
 Massive influence: Due west lie Harrods and, close by, No 1 Hyde Park, the world's most expensive block of flats, also Qatari-owned
 If you walk into any Sainsbury's across the UK, remember that Qatar is a major investor
 Over at Stratford stand the buildings of the Olympic Village - once the Games are finished this summer, QIA will take ownership
 Power: A view of the skyline of Doha, Qatar's capital, is a symbol for how the country has rising to be one of the most influential and wealthy countries in the Middle East
 Rising from the sands: Huge natural resources has transformed Doha, the capital of tiny Gulf state Qatar, into a glittering metropolis of skyscrapers in just a few years
 British icon: Harrods department store, pictured, in London's Knightsbridge is one of a number of high-profile acquisitions by the $100bn Qatari sovereign wealth fund
Landmark: The Qatari sovereign wealth fund helped finance The Shard, a 72-storey skyscraper in London which is Europe's tallest building
It owns 20 per cent of the London Stock Exchange and when Barclays was in trouble at the height of the banking turmoil, the Qatar Investment Authority (QIA) emerged as a white-knight investor, and became the biggest shareholder

Basically, he owns part of the UK or at least a major part of their economy. This ones don't need visas oh or £3000 bond.

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