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Erdogan congratulates new Saudi crown prince

Erdogan congratulates new Saudi crown prince”

At the same time, the king ended the career of his nephew, 57-year-old Mohammed bin Nayef, the previous crown prince, who had served as interior minister since 2015.

The move wasn't totally unanticipated as a possibility, but has far-reaching consequences. Bin Salman has catapulted to power, taking a high-profile role in managing the kingdom and its program to transform the economy, while bin Nayef increasingly fell into a diminished role. He had, however, been reported intermittently to be in very poor health.

"We pledge allegiance to His Royal Highness Prince Mohammed bin Salman, and swear loyalty and obedience on the Quran and the Sunnah of his Prophet, praying for Allah to safeguard our beloved kingdom's safety and security", the fast food chain's account posted.

Tikit did not exclude that Mohammad bin Salman Al Saud will follow the policy of the U.S. and the UAE, which declared "war" against political Islam. The power of the ruling al-Saud family, backed by the ultra-conservative clergy, is based on an unwritten social contract in which the government provides jobs and ensures cheap living costs in exchange for loyalty.Another challenge will be relations with chief regional rival Iran, whose state media called the reshuffle a "soft coup".

The decision coincides with the adjustment of the succession in favour of the king's son Mohammad bin Salman and relieves the previous crown prince of all his posts. Otherwise, the consequences of prince's fail will shake the Middle East region many years after.

Читайте также: Blackmail fears after 'sustained' bid to break into MPs' email accounts

On Wednesday, Trump discussed the Qatar row with Saudi Arabia's newly-appointed crown prince, on a call during which he also offered his congratulations to the new heir to the throne.

Analysts said the change ends uncertainty over succession and empowers Prince Mohammed bin Salman to move faster with his plan to reduce the kingdom's dependence on oil, which includes the partial privatisation of state oil company Aramco. Saudi Arabia is the only major emerging economy not represented in the index. And, it claims, "a prominent" - though unnamed - "Yemeni analyst said earlier this month that the USA has been paid several trillion dollars by Saudi Arabia to protect its crown, adding that Riyadh has recently bribed Washington's support for the Yemen war with $200bln".

"His view is that Saudi Arabia absorbed those blows and now there's no reason to absorb them anymore", Malley said.

LONDON, June 21 (Reuters) - Saudi Arabia's decision to reverse some of last year's austerity measures coincides with a renewed decline in oil prices and complicates the financial and economic outlook for the kingdom.

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