Morsi El Sayed Hegazy is an Egyptian academic and economist who as briefly finance minister, from 6 January to 7 May 2013. He was the fifth finance minister of Egypt since 2011.
Education
Hegazy has a master's degree in economics, which he obtained from
Alexandria University in 1976.
[ He received a PhD in economics from Connecticut University in 1985.]
Career
Hegazy began his career at Alexandria University in 1986 and was a professor of economics there.[ His speciality is public finance.]Islamic finance
Islamic banking, Islamic finance ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics ...
.[
He was appointed finance minister in a reshuffle to the cabinet of Hisham Qandil on 6 January 2013][ Hegazy is not a member of any political party. However, he is close to ]the Muslim Brotherhood
The Society of the Muslim Brothers ( ar, جماعة الإخوان المسلمين'' ''), better known as the Muslim Brotherhood ( ', is a transnational Sunni Islamist organization founded in Egypt by Islamic scholar and schoolteacher Hassan ...
group.
Hegazy's term ended on 7 May 2013 and he was replaced in the post by Fayyad Abdel Moneim. Hegazy played a significant role in talks with the IMF to secure a $4.8bn loan when he was in office.
References
{{DEFAULTSORT:Hegazy, Morsi El Sayed
Living people
Alexandria University alumni
Academic staff of Alexandria University
20th-century Egyptian economists
Finance ministers of Egypt
University of Connecticut alumni
Qandil Cabinet
Year of birth missing (living people)
21st-century Egyptian economists