Saudi Arabia: The Next Generation
An Oxford Analytica Client Conference Call
on Tuesday, May 26, 2015
In the few months since he came to power, King Salman has made radical changes to the kingdom’s leadership.
Diverting from the path of gradual transition laid down by King Abdallah, Salman has transferred power directly to his chosen successors from the next generation of Saudi princes, his nephew Crown Prince Mohammed bin Nayef (55) and his favourite son, Deputy Crown Prince Mohammed bin Salman (thought to be in his early 30s).
Centralising power in their hands constitutes a move away from the kingdom’s tradition of rule by consensus, sidelines influential branches of the royal family and streamlines Saudi Arabia’s unwieldy bureaucracy.
The new leadership’s energised, proactive approach has been most visible in the region, with the launch of a military campaign in Yemen, escalated support to Syrian rebels, and the building of a coalition of Sunni states to help strengthen the kingdom’s defences against Islamic State group and Iran.
Listen to our Client Conference Call to understand the implications of these changes for the kingdom’s stability, the energy sector and regional security.
We assessed the implications for:
- domestic politics and the potential for internal opposition and power struggles within the House of Saud;
- public spending, investment, job creation and economic reform;
- oil policy and Saudi Arabia’s role in world markets;
- the security alliance with the United States;
- regional proxy war with Iran.