Atef Ebeid

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Atef Ebeid bigraphy, stories - Egyptian Prime Minister

Atef Ebeid : biography

14 April 1932 –

Atef Muhammad Ebeid ( ) (born 14 April 1932) was the Prime Minister of Egypt from October 1999 to July 2004. President Hosni Mubarak invited him to form the new government after the parliamentary elections in 1999. Ebeid was sworn in on 5 October 1999, replacing Kamal Ganzouri. He was sentenced to ten years in prison on 1 March 2012 for squandering public funds.

Early career and education

Ebeid graduated from Cairo University in 1955 and got a MBA in business administration from the University of Illinois at Urbana-Champaign in 1962.

He served as the Minister for Domestic Development under the Sedki government, and then as Minister of Planning in the Ganzouri government. Prior to that, he was a professor of business at Cairo University.

Resignation

Ebeid served as the acting President of the Republic from 20 June 2004 to 6 July 2004, a period during which President Hosni Mubarak was receiving medical treatment in Germany.

He resigned on 9 July 2004, amid increasing pressure from part of the business community demanding more rapid privatization and less state regulation. Prime Minister Ahmed Nazif replaced him.

Ebeid currently heads the Arab International Bank, a popular post with former Egyptian Prime Ministers.