Dr. Mohammad Mustafa is a Palestinian economist and Chairman of the Board of Directors of the

Palestine Investment Fund The Palestine Investment Fund (PIF) was established in 2003 as an independent investment company aiming to strengthen the local economy through strategic investments, while maximising long-run returns for its ultimate shareholder; the people of P ...

(PIF), as well as Senior Economic Advisor to President

Mahmoud Abbas Mahmoud Abbas ( ar, مَحْمُود عَبَّاس, Maḥmūd ʿAbbās; born 15 November 1935), also known by the kunya Abu Mazen ( ar, أَبُو مَازِن, links=no, ), is the president of the State of Palestine and the Palestinian Natio ...

. Previously, Dr. Mustafa served as Deputy Prime Minister of Palestine (Governments #15 & 16, 2013-2014) and as Minister of National Economy of Palestine (Government #16, 2014). Dr. Mustafa has extensive international experience with government, global institutions, and academia, having spent over 15 years in senior positions across different sectors at the

World Bank Group The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Grou ...

in Washington, DC. As a prominent expert on investment and economic affairs, Dr. Mustafa spent two years as Economic Advisor to the Government of Kuwait on Economic Reform and two years as Advisor to the

Public Investment Fund The Public Investment Fund (PIF; ar, links=no, صندوق الإستثمارات العامة) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of $620 billion ...

in the Kingdom of Saudi Arabia. Dr. Mustafa also taught as a Visiting Professor at his alma mater,

The George Washington University , mottoeng = "God is Our Trust" , established = , type = Private federally chartered research university , academic_affiliations = , endowment = $2.8 billion (2022) , preside ...

Career

Currently, Mustafa is the Chairman of the

. Between 2006 and 2013, Dr. Mustafa was also the Chief Executive Officer (CEO) of the PIF. Under his leadership, the PIF has become the premier investor in Palestine, having completed c. 60 investments, incentivized $1.2 billion in foreign investment, which has provided Palestinians with c. 75,000 jobs. As CEO of the PIF, Dr. Mustafa led the establishment of several leading Palestinian companies including Wataniya Mobile, Amaar Real Estate Investment Company, Al Reehan Real Estate Investment Company, Palestine Power Generation Company, Khazanah Asset Management Company, and Sharakat Fund for Small businesses. As Deputy Prime Minister, amongst other responsibilities, Dr. Mustafa was appointed Head of Reconstruction of Gaza following the

2014 Gaza War The 2014 Gaza War, also known as Operation Protective Edge ( he, מִבְצָע צוּק אֵיתָן, translit=Miv'tza Tzuk Eitan, ), was a military operation launched by Israel on 8 July 2014 in the Gaza Strip, a Palestinian territory that h ...

. Prior to joining the PIF, Dr. Mustafa worked with leading international organizations across global markets. During his time with the

, Dr. Mustafa held several senior positions across sectors including Economic Development and Reform, Project Finance, Private Sector Development, Telecommunications Privatization, and Infrastructure Development. During his tenure at the World Bank, Dr. Mustafa took a sabbatical to work as the Founding Chief Executive Officer of

PalTel Palestine Telecommunications (Paltel) Company ( ar, الاتصالات الفلسطينية شركة), listed in the Palestine Exchange (PEX) as PALTEL, is the largest employer (after the government) in Palestine, employing almost 3,000 people. P ...

Early life and education

Dr. Mustafa was born on 26 August 1954 in

Kafr Sur Kafr Sur ( ar, كفر صور) is a Palestinian town in the Tulkarm Governorate in the eastern West Bank, located 12 kilometers Southeast of Tulkarm. According to the Palestinian Central Bureau of Statistics, Kafr Sur had a population of approximate ...

, West Bank. As a child, his family was uprooted from their home in the West Bank and took refuge in Kuwait. Mustafa went on to earn a bachelor's degree from

Baghdad University The University of Baghdad (UOB) ( ar, جامعة بغداد ''Jāmi'at Baghdād'') is the largest university in Iraq, tenth largest in the Arab world, and the largest university in the Arab world outside Egypt. Nomenclature Both University ...

in Electrical Engineering, and a master's degree and Ph.D. from

. Dr. Mustafa is married and has two children.

References

{{DEFAULTSORT:Mustafa, Mohammad Living people 1954 births People named in the Panama Papers Government ministers of the State of Palestine People from Tulkarm Governorate