|Born||September 25, 1931|
University of Minnesota
Early life and education
Oweiss received a Bachelor of Commerce degree from Alexandria University in Egypt majoring in economics and political science before moving to the United States to earn Masters and Ph.D. degrees in economics at the University of Minnesota.
Oweiss joined the faculty of Georgetown University in 1967. While on leave from Georgetown, he was appointed to the cabinet of the Egyptian government as First Under-Secretary for Economic Affairs in 1977 and with rank of Ambassador, held the position of the Chief of the Egyptian Economic Mission to the United States in New York.
Oweiss has authored over fifty scholarly publications including Petrodollar Surpluses, Arab Civilization, The Political Economy of Contemporary Egypt, and in a pioneering work on oil revenues, he coined the term "petrodollars."[better source needed] (This is a frequently used term in economics and in research in global economics and business: e.g. this 2007 New York Times article.) The influential Oweiss Demand Curve was first presented at Oxford University. He has been a prominent faculty member who shaped generations of students at Georgetown in economics, international affairs, and related fields. His academic interests have focused on international trade, especially free trade, and the economics of the Middle East. He has advocated for greater international cooperation and mutual understanding among countries. Oweiss is often noted by students for his humanistic, optimistic approach and his emphasis on maintaining values in the midst of scholarship and economic development. Oweiss is currently Associate Professor Emeritus in the Department of Economics and teaches at the Georgetown University School of Foreign Service campus in Qatar.
Oweiss has served as an economic advisor for several governments, multinational corporations, and individuals, in the United States and abroad. He was formerly an advisor to President Jimmy Carter and to U.S. business magnate Armand Hammer.
Oweiss is President of the Council on Egyptian-American Relations and was one of the founding members of Center for Contemporary Arab Studies (CCAS) at Georgetown University as well as the College of Commerce and Economics at Sultan Qaboos University in Oman. In February 2009, Oweiss spoke on "The Global Depression and the Gulf Economies" at the Georgetown Qatar Campus.
In a 2005 article by Egyptian weekly Al-Ahram, Oweiss stated that Egyptian expatriate scholars like himself "never let go of their ties with their home country." The article suggests this bond with his native Egypt was Oweiss's motivation for having "offered his services to the Egyptian government" to be "assigned by President Anwar El-Sadat as chief of the Egyptian economic mission to the US in 1977." In the article, Oweiss goes on to state, "I have always been involved in Egyptian affairs... I have twice presided over the Egyptian American Scholars Association and have overseen several projects that aimed at technology and knowledge transfer back to Egypt."
- Some Positive Aspects of the Egyptian Economy (1978)
- Petrodollar Surpluses (1983)
- The Political Economy of Contemporary Egypt (1990)
- Order of Merit (Egypt), First Class
- Grand Cordon of the Order of Mohammed Ali Pasha
- Knight of the Order of the Queen of Sheba
- Official Homepage at Georgetown University
- Faculty information at Georgetown University, School of Foreign Service in Qatar
- Information on Petrodollars
- Article about the Carroll Round and the Inaugural Oweiss Lecture at Georgetown University