El-Sayed Ali earned his B.A. in Economics from the American University of Beirut, his M.A. from Stanford University and Ph.D. from George Washington University. He has held the following positions: Director General of the Economic Department at the Iraqi Ministry of Foreign Affairs (1959-63); Vice President of the Iraqi Central Bank (1963-65); Full-time member and Executive Director at the Board of Iraq National Oil Company (1965-68); Professor of Economics, Al Mustansiriah University, Baghdad (1968-94);Economy Counselor to the Iraqi Cabinet (1988-92); Member of Board of Directors, Al Rafidan Bank (1984-94); Professor of Economics (Financing and Banks), Al-Bayt University, Jordan (1994-2002), He is presently a professor at Amman Arab University for Graduate Studies.
El-Sayed Ali has also published more than 80 reports in many specialized Arab and foreign periodicals. He also has written 12 books, most prominently: Globalization From an Economic Perspective and the Premise of Containment (öAbu Dhabi, UAE: ECSSR, 2003); Economics of Money and Banks (two Parts, Baghdad 1986); Introduction to Economics (two Parts, Baghdad 1986); Historical Development of Cash Systems in Arab Countries (Center for Arab Unity Studies, Beirut 1983, 1985, 1986); Arab Monetary Union (Center for Arab Unity Studies, Beirut, 1986); Arab Oil Economy (Arab Research and Studies Institute, Cairo 1978); Studies in Monies and Monetary Theory (Baghdad 1970, 1976); The Role of Monetary Policy in Economic Development (Cairo, 1975).