Celebrating Leadership: A Fond Farewell to Mr. Abdulrahman Ahmad Al-Shaibi

A Legacy of Dedication and Excellence

On February 17, 2026, Doha, Qatar witnessed a momentous occasion as H.E. Minister Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs and President and CEO of QatarEnergy, hosted a heartfelt farewell reception for Mr. Abdulrahman Ahmad Al-Shaibi. As the retiring Executive Vice President for Finance and Planning, Mr. Al-Shaibi leaves behind an impressive legacy that spans 37 years of unwavering dedication to QatarEnergy. The atmosphere was filled with a mix of gratitude and nostalgia as colleagues and friends gathered to honor his remarkable journey.

During the reception, His Excellency Minister Al-Kaabi took the opportunity to express profound appreciation for Mr. Al-Shaibi's exemplary leadership and significant contributions to the company. With sincerity, he remarked, “I would like to express my deep appreciation and recognition of Mr. Abdulrahman Al-Shaibi, who was an example to follow in leadership and dedication throughout his career.” This heartfelt acknowledgment resonated with attendees, highlighting the profound impact Mr. Al-Shaibi had on the organization and its growth. 

A Journey Through Time: From Trainee to Executive

Mr. Al-Shaibi's journey with QatarEnergy began in 1989 as a development trainee, where he showcased exceptional talent as a financial analyst. Over the years, he climbed the ranks through various key positions such as Corporate Financial Analyst and Project Finance Manager. Each role he undertook contributed to his deep understanding of the company's financial landscape, ultimately leading to his appointment as Executive Vice President for Finance and Planning in November 2014. His strategic vision and commitment to excellence significantly shaped the financial planning and operations of QatarEnergy.

As Mr. Al-Shaibi embarks on a new chapter in his life, he leaves behind a legacy that inspires future leaders. Succeeding him is Mr. Mohammed Khalid Al-Ghanim, who possesses extensive experience in corporate finance and strategic planning. Mr. Al-Ghanim’s leadership roles within QatarEnergy ensure a seamless transition, as he carries forward the values and vision established by Mr. Al-Shaibi. The farewell reception not only celebrated a distinguished career but also marked a pivotal moment in QatarEnergy's ongoing journey toward excellence. The team’s camaraderie and shared respect for Mr. Al-Shaibi's contributions were palpable, making it a memorable occasion for all involved.

Soaring to New Heights: BlueFive Capital Launches BlueFive Leasing

In a groundbreaking move that promises to reshape the aviation finance landscape in the Gulf Cooperation Council (GCC) region, BlueFive Capital today announced the launch of **BlueFive Leasing**. This initiative establishes one of the first dedicated aircraft leasing asset management platforms in the GCC, marking a significant milestone in an industry poised for remarkable growth. Based in Muscat, Oman, BlueFive Leasing aims to capitalize on the burgeoning air travel demand across the Middle East, Asia, and Africa, setting the stage for a new era in aviation financing.

The new platform focuses on leasing both narrow-body and wide-body aircraft, catering to a diverse and high-quality clientele of airlines across the globe. By providing a critical source of aviation capital from the GCC, BlueFive Leasing not only aims to offer market-leading leasing products but also seeks to ensure that its partners enjoy access to scalable, institutionally governed products. This approach delivers attractive, risk-adjusted returns, making it an appealing proposition for investors.

A Strategic Partnership for Growth

The formation of BlueFive Leasing stems from a landmark partnership between BlueFive Capital and one of Oman’s sovereign institutions. This collaboration underscores the commitment to fostering growth in the region's aviation sector. Alongside the launch, BlueFive Leasing is set to commence fundraising for its inaugural investment vehicle, **BlueFive Wings Fund I**, which aims to secure over $1 billion in commitments for commercial aircraft assets.

Hazem Ben-Gacem, the Founder and Chief Executive of BlueFive Capital, emphasizes that the establishment of BlueFive Leasing is a strategic move designed to diversify the region’s investment portfolios. He states, “With our strong capital base and expert management team, the platform is well-equipped to navigate market cycles and seize opportunities in the dynamic aviation sector.” This proactive approach not only positions BlueFive Leasing as a key player in the aviation finance arena but also aligns with the GCC’s vision of becoming a global hub for investment.

The launch of BlueFive Leasing comes on the heels of BlueFive Capital's recent expansion into Muscat, a region eager for innovative products that enhance domestic investment portfolios while simultaneously attracting external capital. As the aviation industry continues to evolve, BlueFive Leasing stands ready to meet the demands of a growing market, ensuring that the GCC plays an integral role in the global aviation value chain.

Powering the Future: Linxon's Triumph in the Taif East Governorate Expansion

In a remarkable achievement for Saudi Arabia’s energy sector, Linxon has successfully energized the Taif East Governorate 380 kV expansion project. This significant milestone not only strengthens the country’s power infrastructure but also reinforces its commitment to clean energy ambitions. By undertaking this turnkey expansion of the existing Bulk Supply Point (BSP), Linxon has laid the groundwork for a more efficient and sustainable energy future.

The project encompasses a comprehensive engineering design and integrates advanced high-voltage Gas-Insulated Switchgear (GIS) technology from Hitachi Energy. This innovative technology is crucial, as it enhances grid reliability and operational efficiency. Moreover, the installation of line reactors and related control and protection works ensures that the upgraded system is scalable and ready for the future demands of renewable energy integration. As a result, this cost-effective and space-saving solution positions Saudi Arabia to embrace a greener energy landscape.

Energizing Change: The Impact on Saudi Arabia’s Vision 2030

The energization of the Taif East Governorate BSP plays a vital role in enabling the evacuation of additional green power. This crucial development aligns seamlessly with Saudi Arabia’s Vision 2030 target, aiming to diversify the nation’s energy sources and reduce its carbon footprint. By enhancing the capacity of the existing infrastructure, Linxon not only supports the immediate energy needs of the region but also contributes to the broader goals of sustainability and environmental responsibility.

Furthermore, this project reflects Linxon’s expertise in delivering complex substation solutions. The integration of cutting-edge technology combined with a commitment to environmental stewardship ensures a resilient and future-ready power network for Saudi Arabia. As the nation continues to pursue ambitious renewable energy initiatives, projects like the Taif East expansion stand as a testament to the importance of innovation in the energy sector. In conclusion, Linxon's successful energization of this project is not just a milestone; it is a beacon of progress for a sustainable future.