Qatar's Sheikh Tamim bin Hamad Al Thani is the new emir. EPA
Qatar's Sheikh Tamim bin Hamad Al Thani is the new emir. EPA
Qatar's Sheikh Tamim bin Hamad Al Thani is the new emir. EPA
Qatar's Sheikh Tamim bin Hamad Al Thani is the new emir. EPA

Qatar's Sheikh Tamim groomed for power


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DOHA // When Qatar made its pitch to host the 2020 Olympics last year, it had 10 minutes to sell judges on the ambitious idea that the emirate could host the summer games.

The salesman they chose, Sheikh Tamim bin Hamad Al Thani, yesterday became the new emir of Qatar.

The former crown prince has recently been at the forefront of the tiny emirate's boldest ventures, from bids to host international sporting events to plans to develop local infrastructure to moves in foreign policy across the Middle East.

Qatar's new leader looks poised to continue the many policies that have elevated his country's profile in the past decade. Both at home and abroad, analysts expect Sheikh Tamim will pick up where his father, who ruled for 18 years, left off.

Sheikh Tamim was born in 1980, the son of the Emir's most high-profile wife, Qatar Foundation chair Sheikha Mozah bint Nasser Al Missned.

Following his father's path, he studied in Britain, first at the prestigious private school Sherborne and later the Royal Military Academy at Sandhurst, where he trained as an officer and was commissioned as a second lieutenant in the Qatari armed forces in 1998.

The young prince became heir apparent when his older brother Jassem stepped aside in his favour in 2003.

As a policymaker, the young Sheikh Tamim first tackled issues associated with youth: education and sport. An avid tennis player himself, the crown prince boosted local clubs and often showed up at international matches.

Over the course of the last decade, however, Sheikh Tamim's portfolio has grown significantly, such that in the past several years he was often referred to as the manager of daily government affairs.

But observers say that he has to a large extent guarded his personality, managerial style, and beliefs.

He takes power at a time when Qatar is facing increasing questions about its often controversial and outsize role in the region and as the country prepares to host the Fifa World Cup in 2022.

Sheikh Tamim's greatest challenge is likely to centre around Qatar's influence in Arab Spring countries. After backing opposition forces against the regimes of Egypt's Hosni Mubarak and later Libya's Muammar Qaddafi, Qatar has emerged as the most vocal – and also the most divisive – advocate of international intervention in Syria.

When Qatar moved in 2011 to support the Libyan opposition, both financially and with arms, the new emir was deeply involved, said Jane Kinninmont, fellow at the Chatham House think tank who studies the Gulf. Sheikh Tamim has also been integralto Qatar's support for the Syrian opposition, which is believed to include arms transfers, humanitarian aid and financial support.
Doha's foreign policies have not been without critics.

In Egypt, where Qatar has poured US$8 billion (Dh29.4bn) into a flailing economy, local media have grown suspicious of the generous aid, raising concerns that Doha may be seeking preferential treatment for its investments in exchange.

In Syria, Qatar has been accused of favouring Islamist factions, often at the expense of more liberal and secular groups. Doha has denied both these charges.

Still, the new emir may "be hearing advice to re-evaluate Qatar's foreign policy", as at least some Qataris question what their engagement has brought in return. "It's moved so rapidly from its former role as a soft-power mediator to an increasingly divisive position on Syria," said Ms Kinninmont.

Some analysts point to Sheikh Tamim's work in strengthening ties with Saudi Arabia, once the sole powerhouse of the Gulf, as a sign that he could be poised to improve ties that have been strained in the past two years of regional upheaval.

While both backing the Syrian opposition, Doha and Riyadh have clashed occassionally over the details of the assistance.

"Tamim has been involved in the Saudi Qatari file for quite some time and he has been dealing with a lot of issues between the two countries effectively," said Hussein Shoboshki, a Jeddah-based businessman who hosts a talk show on the Saudi-owned Al Arabiya TV channel.

"The fact that there are no problems and no conflicts on sensitive issues ... that in itself is a novelty and comforting news. In the past this has not been the case."

Analysts, investors, and even citizens have worked to piece together a picture of their new emir, based on his public engagements and his portfolio in the previous cabinet.

Most of Sheikh Tamim's official positions up to this point have been domestically focused, leading many here to suspect that the new emir might be more inclined to look inward than his father, perhaps even curbing the adventurist foreign policy.

In addition to managing the Olympic bid, Sheikh Tamim oversaw the country's successful bid for the 2022 World Cup. Such events are a gateway to infrastructure development: the country plans to invest $65bn in tourism infrastructure alone ahead of 2022. Doha also plans a $41bn metro system that may be built underground – a complicated and expensive endeavour.

"Tamim is an unknown quantity," said one Doha-based financial analyst. "But there is no indication that he would change things dramatically. I don't think the markets are bothered by the change."

Education has been another focus; Sheikh Tamim heads the Supreme Education Council, which has in recent years worked to revamp the Qatari education system in hopes of preparing a generation of workers for high-skilled industries that could one day supplant oil and gas.

Here, one particular incident has drawn Sheikh Tamim some critique: under his leadership in 2012, Qatar University switched undergraduate instruction from English to Arabic. Professors, who were given little warning of the shift, argued that the move could diminish standards or even deter internationally minded students from attending.

But the shift to Arabic was also billed as a way to increase Qatari enrolment and open the door to higher education for more students.

Another indication of the direction ahead will be Sheikh Tamim's cabinet, which is expected to be a younger group of technocrats that includes very few of the incumbent ministers.

In the meantime, as Qataris greeted the news of their new, younger leader, many welcomed the idea of gradual change, invigorated by new blood.

"To all the youth in #Qatar," Qatari TV presenter Hamad Al Amari tweeted, "if you ever start to think that something is impossible ... look back at Qatar in 1995."

edickinson@thenational.ae

twitter: For breaking news from the Gulf, the Middle East and around the globe follow The National World. Follow us

The specs

Engine: 8.0-litre, quad-turbo 16-cylinder

Transmission: 7-speed auto

0-100kmh 2.3 seconds

0-200kmh 5.5 seconds

0-300kmh 11.6 seconds

Power: 1500hp

Torque: 1600Nm

Price: Dh13,400,000

On sale: now

Basquiat in Abu Dhabi

One of Basquiat’s paintings, the vibrant Cabra (1981–82), now hangs in Louvre Abu Dhabi temporarily, on loan from the Guggenheim Abu Dhabi. 

The latter museum is not open physically, but has assembled a collection and puts together a series of events called Talking Art, such as this discussion, moderated by writer Chaedria LaBouvier. 

It's something of a Basquiat season in Abu Dhabi at the moment. Last week, The Radiant Child, a documentary on Basquiat was shown at Manarat Al Saadiyat, and tonight (April 18) the Guggenheim Abu Dhabi is throwing the re-creation of a party tonight, of the legendary Canal Zone party thrown in 1979, which epitomised the collaborative scene of the time. It was at Canal Zone that Basquiat met prominent members of the art world and moved from unknown graffiti artist into someone in the spotlight.  

“We’ve invited local resident arists, we’ll have spray cans at the ready,” says curator Maisa Al Qassemi of the Guggenheim Abu Dhabi. 

Guggenheim Abu Dhabi's Canal Zone Remix is at Manarat Al Saadiyat, Thursday April 18, from 8pm. Free entry to all. Basquiat's Cabra is on view at Louvre Abu Dhabi until October

THE BIO

Ms Davison came to Dubai from Kerala after her marriage in 1996 when she was 21-years-old

Since 2001, Ms Davison has worked at many affordable schools such as Our Own English High School in Sharjah, and The Apple International School and Amled School in Dubai

Favourite Book: The Alchemist

Favourite quote: Failing to prepare is preparing to fail

Favourite place to Travel to: Vienna

Favourite cuisine: Italian food

Favourite Movie : Scent of a Woman

 

 

List of alleged parties
  • May 15 2020: Boris Johnson is said to have attended a Downing Street pizza party
  • 27 Nov 2020: PM gives speech at leaving do for his staff
  • Dec 10 2020: Staff party held by then-education secretary Gavin Williamson 
  • Dec 13 2020: Mr Johnson and his then-fiancee Carrie Symonds throw a flat party
  • Dec 14 2020: Shaun Bailey holds staff party at Conservative Party headquarters 
  • Dec 15 2020: PM takes part in a staff quiz
  • Dec 18 2020: Downing Street Christmas party 
Seven tips from Emirates NBD

1. Never respond to e-mails, calls or messages asking for account, card or internet banking details

2. Never store a card PIN (personal identification number) in your mobile or in your wallet

3. Ensure online shopping websites are secure and verified before providing card details

4. Change passwords periodically as a precautionary measure

5. Never share authentication data such as passwords, card PINs and OTPs  (one-time passwords) with third parties

6. Track bank notifications regarding transaction discrepancies

7. Report lost or stolen debit and credit cards immediately

'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

What is dialysis?

Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.

It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.

There are two kinds of dialysis — haemodialysis and peritoneal.

In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.

In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.

It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

'Joker'

Directed by: Todd Phillips

Starring: Joaquin Phoenix

Rating: Five out of five stars

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RESULT

Australia 3 (0) Honduras 1 (0)
Australia: Jedinak (53', 72' pen, 85' pen)
Honduras: Elis (90 4)

Indoor cricket in a nutshell

Indoor cricket in a nutshell
Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Tearful appearance

Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday. 

Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow. 

She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.

A spokesman said her upset demeanour was due to a personal matter.

MATCH INFO

Uefa Champions League semi-final, first leg

Bayern Munich 1
Kimmich (27')

Real Madrid 2
Marcelo (43'), Asensio (56')

Three tips from La Perle's performers

1 The kind of water athletes drink is important. Gwilym Hooson, a 28-year-old British performer who is currently recovering from knee surgery, found that out when the company was still in Studio City, training for 12 hours a day. “The physio team was like: ‘Why is everyone getting cramps?’ And then they realised we had to add salt and sugar to the water,” he says.

2 A little chocolate is a good thing. “It’s emergency energy,” says Craig Paul Smith, La Perle’s head coach and former Cirque du Soleil performer, gesturing to an almost-empty open box of mini chocolate bars on his desk backstage.

3 Take chances, says Young, who has worked all over the world, including most recently at Dragone’s show in China. “Every time we go out of our comfort zone, we learn a lot about ourselves,” she says.

The specs: 2018 Nissan Altima


Price, base / as tested: Dh78,000 / Dh97,650

Engine: 2.5-litre in-line four-cylinder

Power: 182hp @ 6,000rpm

Torque: 244Nm @ 4,000rpm

Transmission: Continuously variable tranmission

Fuel consumption, combined: 7.6L / 100km

Friday’s fixture

6.15pm: Al Wahda v Hatta

6.15pm: Al Dhafra v Ajman

9pm: Al Wasl v Baniyas

9pm: Fujairah v Sharjah

.

Set-jetting on the Emerald Isle

Other shows filmed in Ireland include: Vikings (County Wicklow), The Fall (Belfast), Line of Duty (Belfast), Penny Dreadful (Dublin), Ripper Street (Dublin), Krypton (Belfast)

Tewellah by Nawal Zoghbi is out now.

What is the definition of an SME?

SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.

A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors. 

The years Ramadan fell in May

1987

1954

1921

1888

The years Ramadan fell in May

1987

1954

1921

1888

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law