Al-Beblawi an economist with close Gulf ties

Egypt’s new Prime Minister-designate Hazem Al-Beblawi is a veteran liberal economist with close ties to oil-rich Gulf countries, particularly Kuwait and the United Arab Emirates (UAE).

Al-Beblawi an economist with close Gulf ties

World Bulletin/News Desk

Egypt’s new Prime Minister-designate Hazem Al-Beblawi is a veteran liberal economist with close ties to oil-rich Gulf countries, particularly Kuwait and the United Arab Emirates (UAE).

Born in 1937, Al-Beblawi obtained his law degree from Cairo University in 1957, a diploma in political economy a year later and then a diploma in general law in 1959.

He received a diploma in economics from France’s University of Grenoble in 1961 and a PhD in economic sciences from Paris University three years later.

Al-Beblawi worked as an advisor to the Kuwaiti finance minister and head of the economic research unit between 1976 and 1980.

He has served as an advisor for the Abu Dhabi-based Arab Monetary Fund since 2001.

Al-Beblawi served as undersecretary-general at the UN and executive director at the UN Economic and Social Commission for Western Asia (ESCWA) between 1995 and 2000.

He was appointed deputy prime minister and finance minister in the government of Essam Sharaf from July 16, 2011 until October 11 of the same year during the army-administrated transition period that followed the ouster of Hosni Mubarak.

Al-Beblawi resigned his post in protest at the killing of several Copts in clashes with army troops outside the state television building.

The resignation was not accepted and he remained in office until December 2011.

He taught economy-related courses at several universities including the Sorbonne, the University of California, the American University of Cairo, Ein Shams University and Cairo University.

Al-Beblawi authored a number of publications on banking, finance, international trade and development including "The Arab Gulf economy in a turbulent age".

Last Mod: 10 Temmuz 2013, 10:17
Add Comment