Minister of Investment Mahmoud Mohieldin of Egypt

Picture has been licensed under a Creative Commons Attribution.
Original source: self-made
Author: Nahla Kamal
Permission: I, the copyright holder of this work, hereby publish it under the following licenses:

Mahmoud Mohieldin is the Minister of Investment in Egypt.

Mohieldin was nominated a Young Global Leader of the World Economic Forum; and a member of the Commission on Growth and Development.

Mohieldin said the government will halt "traditional methods of privatisation" until the new programme was over.

Mohieldin said around 41 million Egyptians would benefit from the new scheme, with a portfolio worth "several hundred Egyptian pounds" for each of them.

Egyptian investment minister Mahmoud Mohieldin has managed one of the Arab world's largest transfers of public assets.

This is new, so people are naturally wondering what the government’s motive is in all this,” Dr Mohieldin says as he and his small coterie head for the Nile Hilton, where he will convene his next meeting.

Dr Mohieldin has personally managed one of the Arab world’s largest transfers of public assets, from textile mills to telephone grids, into private hands.

And unlike his cabinet-level colleagues, Dr Mohieldin is happy to walk from one appointment to the next, with only a single bodyguard following several paces behind him.

Minister of Investment Mahmoud Mohieldin said the Kuwait Investment Authority (link here) had agreed to invest $500 million in Egypt over the next 18 months.

Mahmoud Mohieldin said that the project is among seventeen projects implemented by the Ministry of Investment in the field of clean development.

Mohieldin said that this project will be followed by the connection of natural gas to El Nasr Company for Steel Pipes and Metalco instead of using fuel oil and gasoline, which pollute the environment.

Addressing the problem of access to finance, Mohieldin said he believes the private sectors share of credit, currently about 3.

Egypt's Investment Minister Mahmoud Mohieldin has said the Egyptian economy is likely to grow at a rate of around 7% in the 2007/8 fiscal year despite rising inflation rates, reported Reuters.

Mohieldin is the Minister of Investment of the Arab Republic of Egypt since 2004.

Mohieldin is a Member of the General Secretariat of the National Democratic Party, the majority Party in the Arab Republic of Egypt; he is also a member of the Policies Secretariat; and the Co-Chairman of Economic Committee of the Party.

Mohieldin was nominated a Young Global Leader of the World Economic Forum; and a member of the Commission on Growth and Development of the World Bank.

Mohieldin is the Governor of the Arab Republic of Egypt to the World Bank; the Alternate Governor to the African Development Bank; and the Alternate Governor to the Islamic Development Bank.

Mohieldin was a Professor in Financial Economics, Faculty of Economics & Political Science Faculty of Economics & Political Science, Cairo University.

Mohieldin is a Member of the board of the Arab Society for Economic Research; Senior Research Associate of the Economic Research Forum of the Arab Countries, Iran and Turkey; Member of Middle East Studies Association of North America; Fellow of the British Society for Middle Eastern Studies, UK; Member of the Royal Economic Society, UK; and Member of the Egyptian Society for Political Economy, Cairo.

Mohieldin has published several papers and studies in the areas of Financial Economics, Financial Reform, Prudential Regulation, Trade in Services, Globalization, Exchange Rate and Monetary Policies, Corporate Governance and Competition Policy.

Mohieldin was born in Egypt in 1965.

Mohieldin says that the difficulty in raising capital and financing trade will indeed hinder growth in Egypt and other developing countries, but the government will not halt its reform program as growth is not expected to dip below 6% in the foreseeable future.

In light of changes in European and American growth, Mohieldin says Egypt is seeking to attract investments from other countries.

Mohieldin says the ministry is finalizing the creation of a financial supervisory authority to help coordinate the different components of nonbanking financial services such as mortgages, insurance and capital markets.

In response to mounting pressure to encourage investment in a very riskadverse climate, Mohieldin says that he expects to see the CBE cut interest rates in the near future.

As usual, Mohieldin has been attacked by opposition newspapers that are against the sale of any state asset to foreigners.

With his usual light-hearted tone, Mohieldin discussed current economic issues and the next steps to build upon the UK’s position as the largest non-Arab investor in Egypt at a dinner organized by the British Egyptian Business Association (Beba) Tuesday night.

Before joining the cabinet in 2004, Mr Mohieldin was a professor of economics at Cairo University.

Mr Mohieldin says that when the new government started in September 2004, “there was a very long list of wide ranging reforms that we needed to make.

Mr Mohieldin has just returned from Kuwait, where, he says: “Half of our discussions were about building networks and logistical support for real estate development and ports and the like, in addition to the establishment of real estate compounds, hotels and administrative buildings.

Dr Mohieldin is looking for more integration with the developing and developed markets in 2008, as he puts it, “more coupling, not decoupling”, despite the credit scenario being played out in a number of these regions.

Mohieldin is a Member of the General Secretariat of the National Democratic Party and a member of the Policies Secretariat; and the Co-Chairman of Economic Committee of the Party.

Minister of Investment Mahmoud Mohieldin said the government has made pieces of land available around the country for greenfield projects.

Mohieldin expressed confidence that banks will lend more by their own volition, however, particularly to manufacturing and exporting sectors.

Mahmoud Mohieldin is the Minister of Investment of the Arab Republic of Egypt.

its public budget by three or four percent in 2010 through making real growth.

CAIRO, Oct 19 (KUNA) -- Egyptian Minister of Investment Mahmoud Mohieldin said he would commence a tour of three Gulf Cooperation Council (GCC) members with a visit to Kuwait on Wednesday.

Mohieldin discusses Kuwaiti investment projects in Egypt :: MENAFN - Middle East North Africa.

Mahmoud Mohieldin is addressing the investment community in New York to re-iterate the country’s commitment to political reforms and economic growth.

country's commitment to political reforms and economic growth.

Minister of Investment Mahmoud Mohieldin met on 29/2/2008 with a delegation representing the Organization for Economic Cooperation and Development (OECD) on plans of action at the bilateral and regional levels.

Mahmoud Mohieldin discussed with the delegation the plans of action at the bilateral level within the OECD Investment Committee and the Middle East-North Africa Investment Program.

Mohieldin was speaking at an event organized by the Egyptian Institute of Directors in cooperation with UNCTAD.