Alharbi assumed his current position in January 2026 after serving as the deputy CEO since 2023. Areeb had $1.9 billion in assets under management in 2025. In February 2026, Areeb Capital signed a cooperation agreement with Al Dal Real Estate Services to enhance integration in the management and operation of real estate projects within investment models. In May 2025, the firm signed a Sharia-compliant financing agreement with Saudi National Bank (SNB) worth $1.5 billion, to expand its real estate portfolio. Alharbi previously held roles at Riyad Capital and BSF.