Atef Muhammad Ebeid (born 14 April 1932) was the Prime Minister of Egypt

Prime Minister of Egypt

The Prime Minister of Egypt is the head of the Egyptian government. According to the constitution, the prime minister is the leader of the largest political party in the Egyptian Parliament....

 from October 1999 to July 2004. President

President of Egypt

The President of the Arab Republic of Egypt is the head of state of Egypt.Under the Constitution of Egypt, the president is also the supreme commander of the armed forces and head of the executive branch of the Egyptian government....

 Hosni Mubarak

Hosni Mubarak

Muhammad Hosni Sayyid Mubarak is a former Egyptian politician and military commander. He served as the fourth President of Egypt from 1981 to 2011....

 invited him to form the new government after the parliamentary elections in 1999. Ebeid was sworn in on 5 October 1999, replacing Kamal Ganzouri

Kamal Ganzouri

Kamal Ganzouri is an Egyptian economist who became Prime Minister-Designate of Egypt in November 2011. He served as Prime Minister from 1996 to 1999. He came to power in 1996 succeeding Atef Sedki, and was in turn succeeded by Atef Ebeid in 1999...

.

Early career and Education

Dr. Obeid graduated from Cairo University Cairo University in 1955 and got a MBA in business administration from the University of Illinois University of Illinois at Urbana-Champaign in 1962.

He served as the Minister for Domestic Development under the Sedki government, and then as Minister of Planning in the Ganzouri government. Prior to that, he was a professor of business

Business

A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...

 at Cairo University

Cairo University

Cairo University is a public university located in Giza, Egypt.The university was founded on December 21, 1908, as the result of an effort to establish a national center for educational thought...

.

Resignation

Ebeid served as the acting President of the Republic from June 20, 2004 to July 6, 2004, a period during which President Hosni Mubarak

Hosni Mubarak

Muhammad Hosni Sayyid Mubarak is a former Egyptian politician and military commander. He served as the fourth President of Egypt from 1981 to 2011....

 was receiving medical treatment in Germany

Germany

Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

.

He resigned on July 9, 2004 amid increasing pressure from part of the business community demanding more rapid privatization and less state regulation. Prime Minister Ahmed Nazif

Ahmed Nazif

Ahmed Nazif served as the Prime Minister of Egypt from 14 July 2004 to 29 January 2011, when his cabinet was dismissed by President Hosni Mubarak in light of a popular uprising that led to the Egyptian Revolution of 2011...

 replaced him.

Ebeid currently heads the Arab International Bank

Arab International Bank

The Arab International Bank , founded by 'international treaty' to 'enjoy certain privileges', is an investment bank head-quartered in Cairo which operates outside the jurisdiction of the Central Bank of Egypt. Its chair is Atef Ebeid, appointed by Hosni Mubarak shortly after being removed from...

, a popular post with former Egyptian Prime Ministers.