Ali Shihabi, Saudi author and member of the Neom advisory board

Ali Shihabi
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Updated 20 March 2020
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Ali Shihabi, Saudi author and member of the Neom advisory board

Ali Shihabi has been a member of the Neom advisory board since January 2020. He is an author and commenter on Middle Eastern politics with a focus on Saudi Arabia.

Shihabi attained his bachelor’s degree in political science in 1981 from Princeton University in the US. He obtained his master’s in finance from Harvard Business School in 1985.

Before joining the Neom advisory board, Shihabi was the founder of The Arabia Foundation — a think tank focused on the geopolitics of the Arabian Peninsula, based in Washington.

From January 2016 to December 2017, he was a member of the board of trustees for the International Crisis Group, a nonprofit nongovernmental organization committed to preventing resolving deadly conflicts.

He was also a board member of the Center for Contemporary Arab Studies at George Washington University, in Washington, from January 2013 to December 2014.

Shihabi started his career in banking, with his first stint was at JP Morgan’s management program from 1981 to 1982. He later moved to the Gulf International Bank as a banking officer, before heading the team that supervised the institutional fund managers at the Saudi Arabian Monetary Agency.

For 14 years, Shihabi worked for Saudi Holland Bank (renamed Al-Awal Bank in 2016) from 1990-2004 as chairman of the board management committee. He later moved to the National Bank of Ras Al-Khaimah, serving as a board member from 2006 until 2009.

Shihabi founded Rasmala in 1999, a Gulf Cooperation Council-focused private equity fund, with Deutsche Bank as the key investor. He was also a board and audit committee member for MBC, from January 2008 until December 2015.

His Twitter handle is @alishihabi.


Saudi Arabia says recent STC military movements in Hadramout, Al-Mahra were unilateral, uncoordinated

Updated 25 min 54 sec ago
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Saudi Arabia says recent STC military movements in Hadramout, Al-Mahra were unilateral, uncoordinated

  • Saudi Arabia said the moves harmed the interests of the Yemeni people, as well as the southern cause and the coalition’s efforts.
  • The Kingdom said it coordinated with the United Arab Emirates, the president of the Presidential Leadership Council, and the Yemeni government to contain the situation.

RIYADH: Saudi Arabia on Thursday said that recent military movements in the Yemeni governorates of Hadramout and Al-Mahra carried out by the Southern Transitional Council (STC) were conducted unilaterally and without coordination with the Presidential Leadership Council or the coalition leadership.

“These movements resulted in an unjustified escalation that harmed the interests of all segments of Yemeni people, as well as the Southern cause and the coalition’s efforts,” read a statement published by the Saudi Press Agency.

The statement said Saudi Arabia has always prioritized preserving the unity of Yemen throughout recent developments, and that the Kingdom has spared no effort to reach peaceful solutions to resolve the situation in both governorates.

In this context, “the Kingdom worked with the brotherly United Arab Emirates, the president of the Presidential Leadership Council and the brotherly Yemeni government to contain the situation.

“A joint military team was sent from the Kingdom of Saudi Arabia and the United Arab Emirates to put the necessary arrangements in place with the Southern Transitional Council in Aden. These arrangements were made to ensure the return of the Southern Transitional Council forces to their previous positions outside the two governorates and hand over the camps in those areas to the Nation Shield Forces and the local authorities, in accordance with organized procedures under the supervision of the coalition forces.”

The statement said that “these efforts remain in progress to restore the situation to its previous state.”

Saudi Arabia also said it “hopes public interest will prevail through ending the escalation by the Southern Transitional Council and the withdrawal of its forces from the two governorates in an urgent and orderly manner.”

It added: “The kingdom stresses the importance of cooperation among all Yemeni factions and components to exercise restraint and avoid any measures that could destabilize security and stability, which may result in undesirable consequences.”