ðə pɹˈaɪz ɪz nˈeɪmd ˈæftɚɹ ˈælbɚt ˌaʊɚɹˈɑːni, "tə ɹˈɛkəɡnˌaɪz hɪz lˈɔŋ ænd dɪstˈɪŋɡwɪʃt kɚɹˈɪɹ æz tˈiːtʃɚ ænd mˈɛntoːɹ".
The prize is named after Albert Hourani, "to recognize his long and distinguished career as teacher and mentor".