Alaa Mubarak

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Alaa Mubarak
علاء مبارك
Alaa Mubarak.jpg
Alaa Mubarak in Ismailia, Egypt 2009
Born
Alaa Mohammed Hosni El Sayed Mubarak

(1960-11-26) 26 November 1960 (age 59)
Cairo, Egypt
Alma materSt. George's College, Cairo
American University in Cairo (MBA)
OccupationBusinessman
Children2
Parent(s)Hosni Mubarak
Suzanne Mubarak

Alaa Mubarak (Arabic: علاء مبارك‎  Egyptian Arabic pronunciation: [ʕæˈlæːʔ moˈbɑːɾɑk]) (born 26 November 1960 in Cairo)[1] is an Egyptian businessman and the elder of two sons of Hosni Mubarak, the former President of Egypt who served from 1981 to 2011, and his wife Suzanne Mubarak.

Early life and education[edit]

Alaa Mubarak was born in Cairo to Suzanne Mubarak and Hosni Mubarak, who became President of Egypt in 1981, ousted in 2011.[2] Alaa attended St. George's College, Cairo and graduated from the American University in Cairo.[3]

Career[edit]

Mubarak has kept a much lower profile than his younger brother, Gamal who was involved in politics prior to the Egyptian revolution of 2011.[4]

In 2011, he was arrested together with his father and brother, although he and his brother were released in October 2015.[5] The EU had imposed sanctions on all three of them, and froze all assets that Mubarak disclosed.[6]

Alaa Mubarak has been named in association with the Panama Papers.[7] In 2013, the British Virgin Islands financial services discovered that Alaa Mubarak owned 'Pan World Investments', an investment fund for the Mubarak family of nearly $1 billion incorporated by Mossack Fonseca, who said he was introduced to them by Credit Suisse.[6]

In September 2018, Alaa was arrested along with his brother Gamal, and accused of manipulating the stock market.[4]

Personal life[edit]

Mubarak is married to Heddy Rasekh, with whom he has had two sons, Muhammad and Omar Alaa mubarak. Muhammad died on 18 May 2009, aged 12. It was announced that he had suffered a 'severe health crisis', which was identified as a brain haemorrhage. He was checked into the Maadi Military Hospital for a couple of hours before being flown to Paris for further care, where he later died. His body was returned and buried in Cairo.[3]

References[edit]

  1. ^ Integrity), Margarita Torres (Center for Public. "Passport of Alaa Mubarak". documentcloud.org. Retrieved 6 December 2017.
  2. ^ (28 June 2012) The Family Al Jazeera)
  3. ^ a b "Death of President Mubarak's Grandson" (in Arabic). BBC Arabic. 18 May 2009. Retrieved 19 May 2009.
  4. ^ a b "Egypt ex-President Mubarak's sons arrested". BBC News. 15 September 2018. Retrieved 17 September 2018.
  5. ^ "Egypt court orders release of Hosni Mubarak's sons". BBC. 12 October 2015. Retrieved 20 April 2016.
  6. ^ a b "Mossack Fonseca: inside the firm that helps the super-rich hide their money". The Guardian. 8 April 2016. Retrieved 7 May 2016.
  7. ^ Rayner, Gordon; Morgan, Tom; Riley-Smith, Ben; McCann, Kate (6 April 2016). "Panama Papers: offshore firm set up by Cameron's father was moved to Ireland in year son became PM". The Telegraph. Retrieved 6 April 2016.