Mustafa Jassem Al-Shamali

Mustafa Jassem Al-Shamali (born 1943) is a Kuwaiti politician who has had held different cabinet posts. He served as Minister of Finance between 2007 and May 2012. He also served as oil minister from 4 August 2013 to January 2014.

Early life and education Shamali was born in 1943. He received a bachelor's degree in business and management from Ain Shams University, Egypt, in 1968. Shamali was appointed finance minister in a cabinet reshuffle in February 2012.

On 27 May 2013, Shamali was also appointed acting oil minister to succeed Hani Hussein who resigned from office. On 4 August he was appointed oil minister. Salem Abdulaziz Al Sabah replaced Shamali as finance minister. In addition, he is chairman of the board of the Kuwait Investment Authority (KIA).

In January 2014, Ali Al Omair was appointed oil minister and replaced him in the post.

The "Settling Score and Revenge Grilling" Incident In March 2012, Musallam Al-Barrak, head of Kuwait’s Public Funds’ Protection Committee, declared that the Popular Action Bloc, would file a motion against officials at the Kuwait Investment Authority (KIA) due to payments made by KIA to Kuwaiti companies. Al-Barrak accused Mustafa Al-Shamali of failing to protect public funds and announced he would be held accountable. Al-Shamali resigned during a parliamentary session after refuting the allegations, denouncing the inquiry as a politically motivated “witch-hunt” and a vendetta by Al-Barrak and other opposition members. He asserted that the questioning strayed from the public interest, aimed instead at personal retaliation. His resignation underlined growing tensions within the three-month-old government, leading to the eventual dissolution of the National Assembly. Despite these events, Al-Shamali was reinstated in the new government following the dissolution, backed by the confidence of the Prime Minister and the Emir of Kuwait.