Alaa Mohammed Hosni El Sayed Mubarak (; ; born 26 November 1960) is an

Egyptian ''Egyptian'' describes something of, from, or related to Egypt. Egyptian or Egyptians may refer to: Nations and ethnic groups * Egyptians, a national group in North Africa ** Egyptian culture, a complex and stable culture with thousands of year ...

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 and the 41st Prime Minister of Egypt, prime minister from 1981 to ...

, the former

President of Egypt The president of the Arab Republic of Egypt () is the executive head of state of Egypt and the de facto appointer of the official head of government under the Egyptian Constitution of 2014. Under the various iterations of the History of the Egypt ...

who served from 1981 to 2011, and his wife,

Suzanne Mubarak Suzanne Saleh Mubarak ( , []; born 28 February 1941) is the widow of Egyptian former President of Egypt, president Hosni Mubarak and was the First Lady of Egypt during her husband's presidential tenure from 14 October 1981 to 11 February 2011. ...

Early life and education

Alaa Mubarak was born in Cairo to

and

, who became

in 1981, ousted in 2011.(28 June 2012
The Family
Al Jazeera) Alaa attended

St. George's College, Cairo St. George's College is a boys' school that offers the basic three stages of the pre-university education system in Cairo, Egypt (primary, preparatory, and secondary education stages). The primary language of instruction is English; nevertheless ...

and graduated from the

American University in Cairo The American University in Cairo (AUC; ) is a private research university in New Cairo, Egypt. The university offers American-style learning programs at undergraduate, graduate, and professional levels, along with a continuing education program. ...

Career

Mubarak has kept a much lower profile than his younger brother, Gamal who was involved in politics prior to the

Egyptian revolution of 2011 The 2011 Egyptian revolution, also known as the 25 January Revolution (;), began on 25 January 2011 and spread across Egypt. The date was set by various youth groups to coincide with the annual Egyptian "Police holiday" as a statement against ...

. 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 three-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. The EU Court of Justice later annulled the sanctions imposed on the Mubarak family which were based on this conviction and on other proceedings in the Egyptian courts. The EU Court of Justice found that the Mubarak's rights of defence and rights to effective judicial protection in this case were not respected. The Court held that the EU Council had failed to verify whether the Mubarak's fundamental rights were respected in all underlying Egyptian proceedings and rules to annul the sanctions imposed on the family. Alaa Mubarak has been named in association with the

Panama Papers The Panama Papers () are 11.5 million leaked documents (or 2.6 terabytes of data) published beginning April 3, 2016. The papers detail financial and attorney–client information for more than 214,488 offshore entities. These document ...

. 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 (, ) was a global Investment banking, investment bank and financial services firm founded and based in Switzerland. According to UBS, eventually Credit Suisse was to be fully integrated into UBS. While the integration ...

. In September 2018, Alaa was arrested along with his brother Gamal, who were both accused, together with other defendants, of manipulating the stock market in a case that started in 2012. 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 ...

the same month as well. The EU Court of Justice subsequently found that their fundamental rights of defence and rights to effective judicial protection in these Egyptian proceedings had not been respected. Both Alaa and his brother Gamal were later acquitted of the 2012 stock manipulation charge in February 2020. 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 Geography of the European Union, located primarily in Europe. The u ...

revoked the sanctions against nine Egyptian individuals including Mubarak family, adopted since 2011. This followed a decision handed down by the EU Court of Justice which ruled that the sanctions were unlawful. Subsequently, another decision by the EU Court of Justice "confirmed the unlawfulness of the EU sanctions" against the family. The Court annulled sanctions and ordered the EU to pay the family's legal costs. By November 2021, the Egyptian judicial authorities unfroze all Mubarak family assets as all legal proceedings came to an end in Egypt. On 13 April 2022, the Swiss Office of the Attorney General (OAG) closed its probe into Gamal and Alaa Mubarak after its 11-year-long in-depth investigation was "unable to substantiate suspicions" of alleged corruption. Swiss prosecutors declared that "the investigation conducted in Switzerland failed to establish even a tenuous link with any offence." The decision also noted "the absence of evidence relating to potential offences committed in particular in Egypt.

Personal life

Mubarak is married to Heidy 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 Intracerebral hemorrhage (ICH), also known as hemorrhagic stroke, is a sudden bleeding into the tissues of the brain (i.e. the parenchyma), into its ventricles, or into both. An ICH is a type of bleeding within the skull and one kind of stro ...

. 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 21st-century Egyptian businesspeople Living people Egyptian Muslims Egyptian people of Welsh descent Alaa St. George's College, Cairo alumni People named in the Panama Papers 20th-century Egyptian businesspeople {{Egypt-business-bio-stub