Loay Mashabi has been the deputy minister for logistic services at the Ministry of Transport and Logistic Services since April 2021. He has also been a board member of Saudia Cargo from August 2021 and a board member of Saudi Exports from June 2021. Prior to his current position, Mashabi was the deputy governor for planning and development at Saudi Customs from September 2019 to March 2021. He served as the chief operating officer of the Al-Soudah Development project, later known as Al-Soudah Development Co., at the Public Investment Fund, the sovereign wealth fund of Saudi Arabia, from February 2019 to August 2019. From January 2017 to December 2018 Mashabi was general manager at LogiPoint Services, previously known as Isnad, the operator of the largest bonded and re-export zone in Saudi Arabia located at Jeddah Islamic Port. From September of 2013 to December 2016, he worked as general manager at Petroleum and Energy Logistics and Services Co. His professional career began in September 2006 at Saudi Aramco as a petroleum production engineer, and he continued to work as a senior production engineer at the oil giant until April 2013. This strong foundation in a well-governed giga-company helped to shape his career and he later moved to PETROGISTIX. Mashabi received his master’s degree in business administration from the London Business School, a constituent college of the University of London, UK (2016-17). He has a bachelor’s degree in petroleum engineering from King Fahd University of Petroleum and Minerals, Saudi Arabia (2002-2006). Mashabi was issued a petroleum engineering certification from the Society of Petroleum Engineers in December 2012.
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