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==Early life and education==
==Early life and education==
Mustafa was born on 26 August 1954 in [[Kafr Sur]], 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]] in electrical engineering, and a master's degree and Ph.D. from [[The George Washington University]].<ref>{{cite web|url=https://www.weforum.org/people/mohammad-mustafa |title=Mohammad Mustafa &#124; World Economic Forum |publisher=Weforum.org |access-date=2016-04-05}}</ref> Mustafa is married and has two children.
Mustafa was born on 26 August 1954 in [[Kafr Sur]], 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]] in electrical engineering, and a master's degree and Ph.D. from [[The George Washington University]].<ref>{{cite web|url=https://www.weforum.org/people/mohammad-mustafa |title=Mohammad Mustafa &#124; World Economic Forum |publisher=Weforum.org |access-date=2016-04-05}}</ref>
==Personal life==
Mustafa is married and has two children.


==Career==
==Career==

Revision as of 05:17, 15 March 2024

Mohammad Mustafa
Prime Minister of Palestine
Designate
Assuming office
TBD
PresidentMahmoud Abbas
SucceedingMohammad Shtayyeh
Minister of Economy
In office
6 June 2013 – 31 July 2015
Prime MinisterRami Hamdallah
Preceded byBassem Khoury
Succeeded byAbeer Odeh
Personal details
Born (1954-08-26) 26 August 1954 (age 70)
Kafr Sur, Jordanian West Bank
Political partyIndependent
EducationUniversity of Baghdad (BS)
George Washington University (MS, PhD)

Mohammad Mustafa (Arabic: محمد مصطفى) is a Palestinian economist, Chairman of the Board of the Palestine Investment Fund (PIF),[1] Senior Economic Advisor to President Mahmoud Abbas and an Independent member of the Executive Committee of the Palestine Liberation Organization.

Mustafa was widely tipped to become the Prime Minister of Palestine, following the resignation of Mohammad Shtayyeh in February 2024.[2] Previously, he had served as Deputy Prime Minister of Palestine (Governments #15 & 16, 2013–2014) and as Minister of National Economy of Palestine (Government #16, 2014).[3]

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 in Washington, D.C. As a prominent expert on investment and economic affairs, 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 in the Kingdom of Saudi Arabia.

Mustafa also taught as a visiting professor at his alma mater, The George Washington University.

Early life and education

Mustafa was born on 26 August 1954 in Kafr Sur, 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 in electrical engineering, and a master's degree and Ph.D. from The George Washington University.[4]

Personal life

Mustafa is married and has two children.

Career

Currently, Mustafa is the Chairman of the Palestine Investment Fund. Between 2006 and 2013, 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.[5] As CEO of the PIF, Mustafa led the establishment of several leading Palestinian companies including Wataniya Mobile,[6] Amaar Real Estate Investment Company,[7] 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, Mustafa was appointed head of Reconstruction of Gaza following the 2014 Gaza War.

Mustafa with Palestinian Authority President Mahmoud Abbas and U.S. Secretary of State John Kerry in Ramallah, West Bank, 3 January 2014

Prior to joining the PIF, Mustafa worked with leading international organizations across global markets. During his time with the World Bank Group, 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, Mustafa took a sabbatical to work as the founding chief executive officer of PalTel.[8]

In April 2016, Mustafa, was named in the Panama Papers, where it was claimed he used Mossack Fonseca to ensure the transfer of money from Arab countries to the Palestinian Authority.[9]

On March 14, 2024, Palestinian Authority President Mahmoud Abbas appointed Mohammad Mustafa as Prime Minister.[10]

References

  1. ^ "PIF - Impact through Innovation". pif.ps. Retrieved 26 April 2016.
  2. ^ "Palestinian prime minister resigns amid calls to reform Palestinian Authority". Axios. Axios. 26 February 2024. Retrieved 26 February 2024.
  3. ^ "If a Palestinian Minister Falls and No One Is Around to Hear It…". foreignpolicy.com. Foreign Policy. 1 April 2015. Retrieved 5 April 2016.
  4. ^ "Mohammad Mustafa | World Economic Forum". Weforum.org. Retrieved 5 April 2016.
  5. ^ "Palestine Investment Fund, Annual Report 2020" (PDF).
  6. ^ "الوطنية موبايل". الوطنية موبايل. Archived from the original on 17 January 2012. Retrieved 26 April 2016.
  7. ^ "Amaar". amaar.ps. Retrieved 26 April 2016.
  8. ^ "Mohammad A. Mustafa Ph.D.: Executive Profile & Biography - Businessweek". Bloomberg L.P. Retrieved 5 April 2016.
  9. ^ "Panama Papers: The Power Players". International Consortium of Investigative Journalists. Retrieved 3 April 2016.
  10. ^ "Territoires palestiniens: l'économiste Mohammad Mustafa nommé Premier ministre". Radio France International. Retrieved 14 March 2024.