Morsi El Sayed Hegazy
{{Use dmy dates|date=November 2020}}
{{Infobox officeholder
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|office = Minister of Finance
|primeminister = Hesham Qandil
|president = Mohamad Morsi
|term_start = 5 January 2013
|term_end = 7 May 2013
|predecessor = Momtaz Saeed
|successor = Fayyad Abdel Moneim
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|party = Independent
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|alma_mater = Alexandria University
Connecticut University
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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.{{cite news|title=Egypt Shakes Up Cabinet|url=https://www.wsj.com/articles/SB10001424127887323482504578225260985496222|accessdate=4 February 2013|newspaper=The Wall Street Journal|author=Matt Bradley|date=6 January 2013|url-access=subscription}}
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.{{cite web|title=The appointment of Dr. "El Morsi Hegazy," Finance minister|url=http://www.alexu.edu.eg/index.php/en/university-news/85-important-news/5465-the-appointment-of-dr-el-morsi-hegazy,-finance-minister|publisher=Alexandria University|accessdate=3 February 2013|archive-date=22 January 2013|archive-url=https://web.archive.org/web/20130122034344/http://www.alexu.edu.eg/index.php/en/university-news/85-important-news/5465-the-appointment-of-dr-el-morsi-hegazy,-finance-minister|url-status=dead}}{{cite news|title=Egypt's economy deteriorates amid growing protests against Morsi|url=http://www.institutionalinvestor.com/Article/3150176/Egypts-Economy-Deteriorates-Amid-Growing-Protests-Against-Morsi.html?ArticleId=3150176&p=2#.US-M_zBSjm4|accessdate=28 February 2013|newspaper=Institutional Investor|author=Stephen Glain|date=1 February 2013}}
Career
Hegazy began his career at Alexandria University in 1986 and was a professor{{ambig|As in UK & Europe (Prof as head of dept) or US (i.e. lecturer|date=November 2022}} of economics there. His speciality is public finance.{{cite news|last=Enein|first=Ahmed Aboul|title=New faces likely in Cabinet|url=http://dailynewsegypt.com/beta/wp-content/uploads/2013/01/dne_2106_h4v9re1d4d.pdf|accessdate=3 February 2013|newspaper=Daily News Egypt|date=6 January 2013}} He is also interested in Islamic finance.
He was appointed finance minister in a reshuffle to the cabinet of Hisham Qandil on 6 January 2013{{cite news|title=Egypt cabinet reshuffle seeks to allay fears of economic collapse|url=http://www.middle-east-online.com/english/?id=56286|accessdate=3 February 2013|newspaper=Middle East Online|date=6 January 2013}} to replace Momtaz El Saeed.{{cite news|title=Morsi reshuffles cabinet|url=http://www.ft.com/intl/cms/s/0/0a458f2a-57bb-11e2-958a-00144feab49a.html#axzz2Jlr7TK3t|accessdate=3 February 2013|newspaper=Financial Times|date=6 January 2013|author1=Borzou Daragahi|author2=Abeer Allam|url-access=subscription}} Hegazy is not a member of any political party.{{cite news|last=Hauslohner|first=Abigail|title=Egypt's Morsi remakes cabinet, increasing Islamist presence|url=https://www.washingtonpost.com/world/egypts-morsi-remakes-cabinet/2013/01/06/c45b1006-5810-11e2-9fa9-5fbdc9530eb9_story.html|archive-url=https://web.archive.org/web/20130111145512/http://articles.washingtonpost.com/2013-01-06/world/36208853_1_imf-loan-islamists-mahmoud-ghozlan|url-status=live|archive-date=11 January 2013|access-date=3 February 2013|newspaper=The Washington Post|date=6 January 2013}} However, he is close to the Muslim Brotherhood group.{{cite news|last=Fouly|first=Mahmoud|title=Egypt's 10-minister cabinet reshuffle meets with opposition dissatisfaction|url=http://news.xinhuanet.com/english/world/2013-01/07/c_132084440.htm|accessdate=3 February 2013|agency=Xinhua News Agency|date=6 January 2013|url-status=dead|archiveurl=https://web.archive.org/web/20131127032951/http://news.xinhuanet.com/english/world/2013-01/07/c_132084440.htm|archivedate=27 November 2013}}
- {{cite news|title=News Analysis: Egypt's 10-minister cabinet reshuffle meets with opposition dissatisfaction|url=http://english.jschina.com.cn/20946/201301/t1113439.shtml|accessdate=5 March 2013|newspaper=JSChina|date=6 January 2012|archive-date=4 March 2016|archive-url=https://web.archive.org/web/20160304000933/http://english.jschina.com.cn/20946/201301/t1113439.shtml|url-status=dead}}
Hegazy's term ended on 7 May 2013 and he was replaced in the post by Fayyad Abdel Moneim.{{cite news|title=Egypt's Morsi Brings More Islamists into Cabinet|url=https://www.voanews.com/a/egypt-morsi-brings-more-islamists-into-cabinet/1656125.html|access-date=16 June 2013|newspaper=Voice of America|date=7 May 2013|agency=Reuters}}
- {{cite news|title=Nine new ministers announced in Egypt cabinet reshuffle|url=http://english.ahram.org.eg/News/70853.aspx|accessdate=16 June 2013|newspaper=Ahram Online|date=7 May 2013}} Hegazy played a significant role in talks with the IMF to secure a $4.8bn loan when he was in office.{{cite news|last=Saleh|first=Heba|title=Egyptian finance minister fired as Morsi reshuffles cabinet|url=http://www.ft.com/intl/cms/s/0/49754a6c-b6f9-11e2-a249-00144feabdc0.html#axzz2WNqA9RVm|accessdate=16 June 2013|newspaper=Financial Times|date=7 May 2013|url-access=subscription}}
References
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{{s-bef|before=Momtaz El Saeed}}
{{s-ttl|title=Finance Minister of Egypt
|years=January - May 2013}}
{{s-aft|after=Fayyad Abdel Moneim}}
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{{DEFAULTSORT:Hegazy, Morsi El Sayed}}
Category:Alexandria University alumni
Category:University of Connecticut alumni
Category:Academic staff of Alexandria University
Category:20th-century Egyptian economists
Category:Ministers of finance of Egypt