Hazem Al Beblawi’s biography, fact, career, awards, net worth and life story

Intro Former Egyptian Prime minister
Is Economist
Politician
From Egypt
Type Finance
Politics
Gender male
Birth

17 October 1937, Cairo, Cairo Governorate, Egypt

Age 83 years
Star sign Libra

Hazem Abdel Aziz El Beblawi (also spelled el Beblawy; Arabic: حازم عبد العزيز الببلاوى‎‎  pronounced [ˈħæːzem ʕæbdel.ʕæˈziːz elbebˈlæːwi]; born 17 October 1936) is an Egyptian economist and politician who was interim Prime Minister of Egypt from 2013 until 1 March 2014. Previously he served as Deputy Prime Minister and Minister of Finance in 2011. After the July 2013 ouster of President Mohammed Morsi and his government, Beblawi was named interim Prime Minister. On 24 February 2014, Beblawi announced his resignation.

Early life and education

Beblawi was born in Cairo, Egypt on 17 October 1936. He studied law at Cairo University and graduated in 1957. He obtained a postgraduate degree in economics from the University of Grenoble in 1961. He also holds a PhD in economics, which he received from the University of Paris 1 Pantheon-Sorbonne in 1964.

Career

Beblawi began his career as a lecturer at the University of Alexandria in 1965 and taught economy-related courses at several universities, including the University of Southern California, until 1980. He became a manager at the Industrial Bank of Kuwait in 1980, serving there until 1983. From 1983 to 1995, he was chairman and chief executive of the Export Development Bank in Egypt. Then he worked at the United Nations Economic and Social Commission for Western Asia (ESCWA) as executive secretary from 1995 to 2000. Next, he served as an advisor to the Arab Monetary Fund in Abu Dhabi from 2001 to 2011.

After the January–February 2011 Egyptian revolution, Beblawi became a founding member of the Egyptian Social Democratic Party. He was appointed to the government as Deputy Prime Minister for Economic Affairs, as well as Minister of Finance, in a cabinet reshuffle on 17 July 2011. He succeeded Samir Radwan, who had served as finance minister since January 2011. The cabinet was headed by Prime Minister Essam Sharaf.

After nearly four months in office, Beblawi resigned from office in October 2011 when Coptic Christians were killed by security forces. However, his resignation was not accepted by the ruling military council. Beblawi’s tenure lasted until December 2011, when he was replaced by Momtaz Saeed as finance minister; Saeed had served as Beblawi’s deputy at the Ministry of Finance.

Beblawi was one of the nominees for prime minister after the 2012 presidential election, together with Mohamed ElBaradei and Farouk El Okdah.

Following the removal of President Mohammad Morsi from office by the Egyptian military on 3 July 2013, Beblawi was appointed as interim Prime Minister on 9 July. He subsequently suspended his membership in the Egyptian Social Democratic Party. His cabinet was sworn in on 16 July 2013.

On 24 February 2014, Prime Minister Beblawi announced the resignation of his cabinet in a press conference.

Activities and views

Beblawi defended the military’s crackdown on Morsi supporters after the 2013 Egyptian coup d’état as necessary and restrained in August 2013. He proposed the legal dissolution of the Muslim Brotherhood on 17 August.

Works

Beblawi is the author of several books mostly about banking, finance, international trade and development. He also writes articles in a column for Al Ahram. His books include:

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  • Beblawi, Hazem. (1984). The Arab Gulf Economy in a Turbulent Age. London: Croom Helm.

Awards

  • Chevalier de la Légion d’honneur from France in 1992.
  • Commander, the order of Leopold II from Belgium in 1992.
  • Grand Officier, National Order of the Cedar from Lebanon in 2000.
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