Mustafa Jassem Al-Shamali (born 1943) is a Kuwaiti politician who has had held different cabinet posts. He served as
Minister of Finance
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position .
A ministry of finance's portfolio ...
between 2007 and May 2012.
He also served as oil minister from 4 August 2013
to January 2014.
Early life and education
Shamali was born in 1943.
He received a bachelor's degree in business and management from
Ain Shams University
Ain Shams University () is a public university located in Cairo, Egypt. Founded in 1950, the university provides education at the undergraduate, graduate and post-graduate levels.
History
Ain Shams University was founded in July 1950, the third ...
,
Egypt
Egypt ( , ), officially the Arab Republic of Egypt, is a country spanning the Northeast Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via the Sinai Peninsula. It is bordered by the Mediterranean Sea to northe ...
, in 1968.
[
]
Career
Shamali started his career at the ministry of finance following the graduation.[ He held different positions at the ministry, including director of the economic cooperation department (1975–1982), director of the ministry's general diwan (1985–1986), the ministry's undersecretary for economic affairs (1986–2006), and director of the ministry's undersecretary (2006–2007).][
On 13 December 2011, Shamali was appointed minister of health, but was replaced by Ali Saad Al Obeidi on 14 February 2012. Shamali was appointed as finance minister in a cabinet reshuffle in February 2012.
On 27 May 2013, Shamali was also appointed acting oil minister to succeed Hani Hussein who resigned from office. On 4 August he was appointed oil minister.]Salem Abdulaziz Al Sabah
Salem Abdulaziz Al Sabah (; born 1 November 1951) is a Kuwaiti economist and politician. A member of the ruling Al Sabah family, he served as deputy prime minister and minister of finance from 4 August 2013 to January 2014.
Education
Al Sabah w ...
replaced Shamali as finance minister.[ Shamali was also made deputy prime minister in the same reshuffle. In addition, he is chairman of the board of the ]Kuwait Investment Authority
The Kuwait Investment Authority (KIA) is the State owned sovereign wealth fund of the State of Kuwait, managing the state's reserve and the state's future generation fund, also known as "Ajyal Fund".
Founded in 1953, the KIA is the world's old ...
(KIA).
In January 2014, Ali Al Omair was appointed oil minister and replaced him in the post.
The "Settling Score and Revenge Grilling" Incident
In March 2012, Musallam Al-Barrak
Musallam Al-Barrak () is a Kuwaiti politician. He was a member of the National Assembly of Kuwait, Kuwaiti National Assembly representing the Kuwait's Fourth District, fourth district.
Background
Born on January 30, 1956, Al-Barrak studied geogr ...
, head of Kuwait’s Public Funds’ Protection Committee, declared that the Popular Action Bloc, would file a motion against officials at the Kuwait Investment Authority (KIA) due to payments made by KIA to Kuwaiti companies. Al-Barrak accused Mustafa Al-Shamali of failing to protect public funds and announced he would be held accountable. Al-Shamali resigned during a parliamentary session after refuting the allegations, denouncing the inquiry as a politically motivated “witch-hunt” and a vendetta by Al-Barrak and other opposition members.
References
{{DEFAULTSORT:Shamali, Mustafa Jassem Al
1943 births
Living people
Ain Shams University alumni
Finance ministers of Kuwait
Oil ministers of Kuwait
Health ministers of Kuwait
Deputy prime ministers of Kuwait