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Mohammad Mustafa (economist)

Mohammad Mustafa
Born (1954-08-26) 26 August 1954 (age 62)
Kafr Sur
Alma mater Baghdad University
George Washington University
Known for

Chairman, Palestine Investment Fund (PIF)

former Minister of National Economy and former Deputy Prime Minister of Palestine

Chairman, Palestine Investment Fund (PIF)

Mohammad Mustafa (born 26 August 1954) is the chairman of the Palestine Investment Fund (PIF), and the former Minister of National Economy and former Deputy Prime Minister of Palestine.

Mustafa was born on 26 August 1954 in Kafr Sur. He has a bachelor's degree from Baghdad University, and a master's degree and PhD from George Washington University.

Mustafa is chairman of the Palestine Investment Fund. In the Palestinian Government No 15, Mustafa served as Deputy Prime Minister for Economic Affairs, and in Government No 16, he served as Deputy PM and Minister of National Economy.

Prior to that, Mustafa served as the chief executive officer (CEO) of the Palestine Investment Fund (PIF). Under his leadership, the Fund has become the premier investor in Palestine. He led the launching of several leading national companies like Wataniya Mobile, Amaar Real Estahe Investment Company, Al Reehan Real Estate Investment Company, Palestine Power Generation Company, Khazanah Asset Management Company, and Sharakat Fund for Small businesses.

Prior to joining PIF, Mustafa had extensive international experience with leading international organizations and in different regional and global markets. He worked at the World Bank HQ (Washington DC) for a period of 15 years, where he held senior positions across several sectors including: economic development and reform, project finance, private sector development, and infrastructure development. Other senior positions previously held by Mustafa include: Economic Adviser to the Government of Kuwait on economic reform, Adviser to the Public Investment Fund in the Kingdom of Saudi Arabia, Visiting professor at George Washington University, and the founding CEO of the Palestinian Telecommunications Company (Paltel).

He serves as the founding chief executive officer (CEO) of PalTel and has been the chairman and co-president of Palestine Investment Fund since January 2009.

He has been named in the Panama Papers. The name of Dr. Mohammad Mustafa was mentioned in the Panama papers in relation to his capacity as a Director of the Arab Palestinian Investment Company APIC.


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