Alaa Mubarak
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Alaa Mohammed Hosni El Sayed Mubarak ( ar, علاء محمد حسني السيد مبارك;  ) (born 26 November 1960 in
Cairo Cairo ( ; ar, القاهرة, al-Qāhirah, ) is the capital of Egypt and its largest city, home to 10 million people. It is also part of the largest urban agglomeration in Africa, the Arab world and the Middle East: The Greater Cairo metr ...
) is an Egyptian businessman and the elder of two sons of
Hosni Mubarak Muhammad Hosni El Sayed Mubarak, (; 4 May 1928 – 25 February 2020) was an Egyptian politician and military officer who served as the fourth president of Egypt from 1981 to 2011. Before he entered politics, Mubarak was a career officer in ...
, the former President of Egypt who served from 1981 to 2011, and his wife Suzanne Mubarak.


Early life and education

Alaa Mubarak was born in Cairo to Suzanne Mubarak and
Hosni Mubarak Muhammad Hosni El Sayed Mubarak, (; 4 May 1928 – 25 February 2020) was an Egyptian politician and military officer who served as the fourth president of Egypt from 1981 to 2011. Before he entered politics, Mubarak was a career officer in ...
, who became President of Egypt in 1981, ousted in 2011.(28 June 2012
The Family
Al Jazeera)
Alaa attended St. George's College, Cairo and graduated from the
American University in Cairo The American University in Cairo (AUC; ar, الجامعة الأمريكية بالقاهرة, Al-Jāmi‘a al-’Amrīkiyya bi-l-Qāhira) is a private research university in Cairo, Egypt. The university offers American-style learning progra ...
.


Career

Mubarak has kept a much lower profile than his younger brother,
Gamal Gamal ( ar, جمال) is an Arabic surname and male given name. Notable people with this name إبراهيم ابومياله: Surname * Amr Gamal, (born 1991) Egyptian footballer * Mazen Gamal (born 1986), Egyptian squash player *Raghda Gamal, Yem ...
who was involved in politics prior to the
Egyptian revolution of 2011 The 2011 Egyptian revolution, also known as the 25 January revolution ( ar, ثورة ٢٥ يناير; ), began on 25 January 2011 and spread across Egypt. The date was set by various youth groups to coincide with the annual Egyptian "Police ho ...
. In 2011, he was arrested together with his father and brother and three of them later convicted for corruption in 2014. Alaa and his brother were released in October 2015 after completing their four-year prison sentence, which included time already served. The EU had imposed sanctions on all three of them, and froze all assets that Mubarak disclosed. Alaa Mubarak has been named in association with the
Panama Papers The Panama Papers ( es, Papeles de Panamá) are 11.5 million leaked documents (or 2.6 terabytes of data) that were published beginning on April 3, 2016. The papers detail financial and attorney–client information for more than 214,488 ...
. 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 Mossack Fonseca & Co. () was a Panamanian law firm and corporate service provider.Credit Suisse Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global " ...
. In September 2018, Alaa was arrested along with his brother Gamal, and accused of manipulating the stock market. Alaa's corruption conviction, along with the corruption convictions of his father and brother, was upheld by Egypt's
Court of Cassation A court of cassation is a high-instance court that exists in some judicial systems. Courts of cassation do not re-examine the facts of a case, they only interpret the relevant law. In this they are appellate courts of the highest instance. In th ...
the same month as well. Both Alaa and his brother were later acquitted in February 2020 of the 2018 illicit share trading charge. On 12 March 2021, the
European Union The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are located primarily in Europe, Europe. The union has a total area of ...
revoked the sanctions against nine Egyptian individuals including Mubarak family, adopted since 2011.


Personal life

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.


References


External links

1960 births The American University in Cairo alumni Children of presidents of Egypt Egyptian businesspeople Living people Egyptian Muslims Egyptian people of Welsh descent Alaa St. George's College, Cairo alumni People named in the Panama Papers Sons of national leaders {{Egypt-business-bio-stub