Riyadh’s radical power centralisation risks a backlash
Monday, November 6, 2017
Significance
This follows the detentions on November 4 of multiple important royal family members, ministers and former ministers, most notably the powerful head of the National Guard.
Impacts
- Investors and local businesses will respond with caution to the unexpected move, heralding a new period of economic uncertainty.
- Riyadh is likely to spearhead a more open regional confrontation with Tehran: Yemen and Lebanon will be key battlegrounds.
- Mohammed bin Salman will increasingly rely on populist appeal to youth to cement control, as old patronage networks atrophy.