Name Ahmed Maghrabi Role Politician | Education Columbia University | |
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Ahmed El Maghrabi, born 1945 in Egypt, is an Egyptian businessman and politician from the National Democratic Party.
Maghrabi holds a degree in Engineering from Cairo University and another in Chemical Engineering from North Carolina University as well as an MBA from Columbia University.
Maghrabi was Minister of Housing in Egypt from December 2005 to 2010, under Prime Minister Ahmed Nazif. Prior to that he was Tourism Minister from 1999. He was formerly CEO of the French company Accor and his family owns the Palm Hill Corporation, real estate developers that are part of the Mansour & Maghrabi Investment Company. His cousins Yasseen Mansour, Mohamed Mansour, and Youssef Mansour were listed on Forbes' The World's Billionaires 2011, and his brother Sherif Ameen El-Maghrabi was chairman of the board of Guezira Hotels & Tourism until 2011.
In early February 2011 Maghrabi was accused, along with his cousins, of profiteering, wasting public money and seizing state land following a cabinet purge by then President Hosni Mubarak as part of a series of trials following the Egyptian revolution and held in Tora Prison. He was cleared of corruption charges in 2012 (overturning an earlier verdict) and 2013, but remained in custody due to additional charges. His 2013 acquittal was appealed by the prosecution, but upheld in 2015.