Ali Sharif Al Emadi

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Ali Sharif Al Emadi
Ali Sharif Al Emadi in April 2019.jpg
Al Emadi in April 2019
Minister of Finance
In office
26 June 2013 – 6 May 2021
MonarchTamim bin Hamad
Prime MinisterAbdullah bin Nasser
Khalid bin Khalifa
Preceded byYousef Hussain
Succeeded byAli bin Ahmed (acting)
Personal details
NationalityQatari
Alma materUniversity of Arizona

Ali Sharif Al Emadi (Arabic: علي شريف العمادي) is a Qatari economist and businessman. He had been served as the minister of finance from June 2013 until May 2021. He also serves as chairman of the QNB Group and is on the board of directors of Ooredoo, Tunisian-Qatari Bank, and Union of Arab Banks.[1][2]

Education[]

Al Emadi holds a bachelor's degree in finance from the University of Arizona.[1][3]

Career[]

Al Emadi worked in the banking control department of the Qatar Central Bank for eight years until 1998.[3][4] He joined Qatar National Bank in 1998.[4] He was appointed the bank's chief executive in 2005, succeeding Saeed bin Abdullah Al Misnad in the post.[4] Emadi was included in the Top 100 Powerful Arabs list in February 2013, coming in 32nd place due to his role in the rapid growth and expansion of the Qatar National Bank.[2] His tenure lasted until June 2013.[3] He was appointed minister of economy and finance on 26 June in a cabinet reshuffle following the ascension of Sheikh Tamim bin Hamad Al Thani as Emir of Qatar.[5] Emadi replaced Yousef Hussain Kamal in the post.[4]

He was announced as a member of the administrative council of the Qatar Investment Authority (QIA) on 1 July 2013.[6] He was also made board chairman of Qatar National Bank on 7 July 2013.[7]

The Intercept reported on 2 March 2018 that Jared Kushner and his felon father, Charles Kushner, made a proposal to Qatar’s finance minister, Ali Sharif Al Emadi, in April 2017 to secure investment into 666 5th Avenue asset in his family's company’s portfolio. When his request was not fulfilled, a group of Middle Eastern countries, with Jared Kushner’s backing, initiated a diplomatic assault that culminated in a blockade of Qatar. Kushner specifically undermined the efforts by Secretary of State Rex Tillersonto bring an end to the standoff.[8]

He was ordered to be arrested by Attorney General of Qatar on 6 May 2021 on charges of misuse of public money, abuse of function and abuse of power.[9]

References[]

  1. ^ a b "HE Mr. Ali Shareef Al Emadi , Minister of Finance". General Secrretariat of the Council of Ministers. Retrieved 14 February 2015.
  2. ^ a b "Top 100 Powerful Arabs 2013". Gulf Business. Retrieved 14 February 2015.
  3. ^ a b c "Chief who built the biggest Arab bank takes over Qatar finances". Gulf News. Doha. Bloomberg. 1 July 2013. Retrieved 17 August 2013.
  4. ^ a b c d "Qatar's new finance minister:Ali Sherif Al-Emadi" (PDF). Gulf States Newsletter (GSN) (950). 4 July 2013. Archived from the original (PDF) on 17 October 2014. Retrieved 17 August 2013.
  5. ^ Simeon Kerr (26 June 2013). "Qatar's new emir replaces prime minister". Financial Times. Doha. Retrieved 17 August 2013.
  6. ^ "Qatar's former PM loses role at wealth fund". Arabian Business. Reuters. 3 July 2013. Retrieved 17 August 2013.
  7. ^ "Qatar's QNB names finance minister Emadi as board chairman". Reuters. Dubai. 7 July 2013. Retrieved 17 August 2013.
  8. ^ Clayton Swisher; Ryan Grim (2 March 2018). "Jared Kushner's Real-Estate Firm Sought Money Directly From Qatar Government Weeks Before Blockade". The Intercept. Retrieved 3 March 2018.
  9. ^ "Qatar Attorney General orders arrest of Finance Minister". The Peninsula Qatar. 6 May 2021.
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