SouqData
Engineer Ahmed Ali Al-Subaey
Research Briefing · Generated 2026-05-24 · Confidential
Executive Summary
Eng. Ahmed A. Al-Subaey serves as Chief Executive Officer of Bahri. He led the company through a transformational year in 2024, achieving record financial performance with net profit of 2.17 billion Saudi Riyals and revenue of 9.48 billion Saudi Riyals. Under his leadership, Bahri expanded and modernized its fleet with the acquisition of 15 modern second-hand vessels, of which 11 became operational before year-end. He has driven disciplined cost management and operational optimization, expanding net profit margin to 23% from 18% in 2023. His strategic vision includes fleet expansion and modernization, operational excellence, digital transformation with investments in AI-driven analytics and automation, and diversification into adjacent markets including seawater desalination. He has strengthened Bahri's financial position by securing 2.84 billion Saudi Riyals in Murabaha financing and a 3 billion Saudi Riyals revolving credit facility.
Current Board Positions
| Company | Ticker | Role | Since | Sector |
| National Shipping Co. of Saudi Arabia |
4030 |
Board Member and CEO |
Jan 16, 2023 |
Industrials |
Career History
| Category | Entries |
|---|
| Previous Employers | Bahri |
| Key Roles | Chief Executive Officer |
| Sectors | logistics, aviation, utilities |
Skills & Competencies
Strategic Leadership Corporate Governance Strategic Planning
Professional Profile
| Education | Bachelor's and Master's degrees in Electrical Engineering from Northern Arizona University, USA. Executive MBA from Stanford University, USA |
| Universities | Northern Arizona University, Stanford University |
| Gender | Male |
Remuneration
| Year | Company | Total Fees |
| 2024 |
National Shipping Co. of Saudi Arabia |
551,000 |
Disclaimer: This research briefing is generated by SouqData for informational purposes only.
It does not constitute financial advice, investment recommendation, or endorsement. Data is sourced from public filings,
exchange disclosures, and annual reports. Information may be incomplete or contain errors. Always verify data independently
before making any decisions. © 2026 SouqData.