- Atef Ebeid
Infobox Prime Minister
name = Atef Ebeid
عاطف محمد عبيد
| order =Prime Minister of Egypt
president =Hosni Mubarak
birth_date = birth date and age|1932|04|14
birth_place = flagicon|EgyptCairo ,Egypt
term_start =5 October 1999
term_end =14 July ,2004
predecessor =Kamal Ganzouri
successor =Ahmed Nazif
party =National Democratic Party (Egypt)
religion =Islam (Sunni)Dr. Atef Muhammad Ebeid ( _ar. عاطف محمد عبيد) (born
14 April ,1932 ) was thePrime Minister of Egypt from October 1999 to July 2004. PresidentHosni Mubarak invited him to form the new government after the parliamentary elections in 1999. Dr. Ebeid was sworn in onOctober 5 ,1999 , replacingKamal Ganzouri .Early career
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 atCairo University . During his tenure as prime minister, economic growth inEgypt slowed and the cost of living increased.Fact|date=July 2008 In each case, he is credited with managing to transfer Egypt from a static economy to a more capitalist system within a few years with no single allegation of corruption.Resignation
Ebeid served as the acting President of the Republic from
June 20 ,2004 toJuly 6 ,2004 , a period during which PresidentHosni Mubarak was receiving medical treatment inGermany .He resigned on
July 9 ,2004 amid increasing pressure from part of the business community demanding more rapid privatization and less state regulation. Prime MinisterAhmed Nazif replaced him.Ebeid currently heads the
Arab International Bank , a popular post with former Egyptian Prime Ministers.
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