Ali Babacan (Turkish pronunciation: [aˈli babaˈdʒan]; born 4 April 1967 in Ankara, Turkey) is a Turkish politician and the current Deputy Prime Minister of Turkey responsible for the Economy. He was previously Minister of Economy in the 58th cabinet from the Justice and Development Party (AK Party). On August 29, 2007, he was named Minister of Foreign Affairs of in the cabinet of re-elected Prime Minister Recep Tayyip Erdoğan. Babacan succeeded Abdullah Gül, who became President.

Babacan graduated from Ankara College ranking first among the class of 1985. He attended the Middle East Technical University in Ankara and in 1989 was awarded a BSc in Industrial Engineering with the highest marks. He went to the U.S. on a Fulbright Scholarship to do postgraduate studies and in 1992 received an MBA from the Kellogg School of Management at Northwestern University in Evanston, Illinois, with majors in marketing, organizational behavior and international business.

Babacan worked then for two years as an associate at QRM, Inc. in Chicago, Illinois, a company doing financial consulting to the top executives of major banks in the United States. He returned to Turkey in 1994 and, served as chief advisor to the mayor of Ankara the same year. He was the chairman of his family owned textile company between 1994 and 2002.

Alī ibn Abī Ṭālib (Arabic: علي بن أﺑﻲ طالب, Transliteration: ʿAlī ibn Abī Ṭālib, [ʕaliː ibn ʔæbiː t̪ˤɑːlib]; 13^thRajab, 24 BH–21^stRamaḍān, 40 AH; approximately October 23, 598 or 600 or March 17, 599 – January 27, 661). The son of Abu Talib, Ali was also the cousin and son-in-law of Islamic prophet Muhammad, ruling over the Islamic Caliphate from 656 to 661, and was the first male convert to Islam.Sunnis consider Ali the fourth and final of the Rashidun (rightly guided Caliphs), while Shias regard Ali as the first Imam and consider him and his descendants the rightful successors to Muhammad, all of which are members of the Ahl al-Bayt, the household of Muhammad. This disagreement split the Ummah (Muslim community) into the Sunni and Shia branches.

Muslim sources, especially Shia ones, state that since Muhammad's time, Ali was the only person born in the Kaaba sanctuary in Mecca, the holiest place in Islam. His father was Abu Talib and his mother was Fatima bint Asad, but he was raised in the household of Muhammad, who himself was raised by Abu Talib, Muhammad's uncle, and Ali's father. When Muhammad reported receiving a divine revelation, Ali was the first male to accept his message, dedicating his life to the cause of Islam.