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Alaa Mohammed Hosni El Sayed Mubarak (Template:Langx;  {{#invoke:IPA|main}}; born 26 November 1960)<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> is an Egyptian businessman and the elder of two sons of Hosni Mubarak, the former President of Egypt who served from 1981 to 2011, and his wife, Suzanne Mubarak.

Early life and educationEdit

Alaa Mubarak was born in Cairo to Suzanne Mubarak and Hosni Mubarak, who became President of Egypt in 1981, ousted in 2011.<ref name=aj>(28 June 2012) The Family Al Jazeera)</ref> Alaa attended St. George's College, Cairo and graduated from the American University in Cairo.<ref name="BBC Arabic">Template:Cite news</ref>

CareerEdit

Template:Expand section Mubarak has kept a much lower profile than his younger brother, Gamal who was involved in politics prior to the Egyptian revolution of 2011.<ref name=":0">Template:Cite news</ref>

In 2011, he was arrested together with his father and brother and three of them later convicted for corruption in 2014.<ref>Template:Cite news</ref> Alaa and his brother were released in October 2015 after completing their three-year prison sentence, which included time already served.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref name="bbc12">Template:Cite news</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> The EU had imposed sanctions on all three of them, and froze all assets that Mubarak disclosed.<ref name="guard">Template:Cite news</ref> 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.<ref name=":1">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

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.<ref name=":2">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref name=":1" />

Alaa Mubarak has been named in association with the Panama Papers.<ref>Template:Cite news</ref> 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, who said he was introduced to them by Credit Suisse.<ref name="guard"/>

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.<ref name=":0" /> Alaa's corruption conviction, along with the corruption convictions of his father and brother, was upheld by Egypt's Court of Cassation the same month as well.<ref>Template:Cite news</ref> 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.<ref name=":1" />

Both Alaa and his brother Gamal were later acquitted of the 2012 stock manipulation charge in February 2020.<ref>Template:Cite news</ref><ref>Template:Cite news</ref>

On 12 March 2021, the European Union revoked the sanctions against nine Egyptian individuals including Mubarak family, adopted since 2011.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> This followed a decision handed down by the EU Court of Justice which ruled that the sanctions were unlawful.<ref name=":2" /><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

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.<ref name=":1" /><ref>Template:Cite news</ref>

By November 2021, the Egyptian judicial authorities unfroze all Mubarak family assets as all legal proceedings came to an end in Egypt.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

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.<ref name=":3">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> Swiss prosecutors declared that "the investigation conducted in Switzerland failed to establish even a tenuous link with any offence."<ref name=":3" /> The decision also noted "the absence of evidence relating to potential offences committed in particular in Egypt.<ref name=":3" />

Personal lifeEdit

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. 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.<ref name="BBC Arabic"/>

ReferencesEdit

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External linksEdit

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