Known also as: Muhammd Khairat Saad Abd el-Latif al-Shater; Khairat al-Shater.
Activities:
Al-Shater is deputy to the Muslim Brotherhood leader Mohammed Badie, but is considered by some as the actual leader of the movement.
He was a candidate in the Egyptian presidential elections in 2012, but was disqualified due to his criminal record.
Al-Shater was arrested in July 2013, and accused of incitement to murder. Between 1968 and 2013, al-Shater was arrested a total of 6 times.
Khairat al-Shater is a multimillionaire tycoon whose financial interests extend into electronics, manufacturing and retail.
In the early 1990s, he and his business partner Hassan Malek were imprisoned as part of the Salsabil investigation. Both were released in 1993.
None of the companies records show Khairat al-Shater as a director, however, it is possible that members of his family, such as his son Saad al-Shater are involved in his companies on his behalf.
Al-Shater is the founder of ikhwanweb.com, the official English website of the Muslim Brotherhood.
The following information on al-Shater’s companies is mostly based on this source: http://m.almasryalyoum.com/news/details/171799
Khairat al-Shater Business Empire
Rawag Company (seized by the Egyptian government – July 2014)
Activity: Import and Export of Home Appliances Registered Capital: 200,000 Egyptian pounds Established: 16/12/2006 al-Shater’s role: Holds 75%, co-founder since 2001 Rawag holds the franchise for Sarar Clothing. Has ownership in: Istikbal Furniture, Maddock Company, Dalidress Company, Daniel Carimou.
International Company for Electronic Computing Systems: al-Mustaqbal
Activity: Buying and Selling Computers Registered Capital: 25,000 Egyptian Pounds Established: 1/5/1996 al-Shater’s Role: Holds 39% and is a Hidden Partner
Activity: Chemicals Trading Registered Capital: 100,000 Egyptian Pounds Established: 16/2/2002 al-Shater’s Role: holds approx. 33%. According to e-Shater’s 2007 linkedin page, he served as the company’s co-founder and owner since 2003.
Al-Salsabeel Company for Development, Investment and Project Management
Activity: Project management an commercial agencies Registered Capital: 100,000 Egyptian Pounds Established: 22/5/2005 al-Shater’s Role: holds 80%. According to al-Shater’s 2007 linkedin page, he served as the company’s principal owner since 2000.
Activity: Trading in ready made clothes Registered Capital: 500,000 Egyptian Pounds Established: 11/11/1997 al-Shater’s Role: holds approx. 50% The company is considered one of the leading MB joint ventures, aiming to hide the movement’s money.
Activity: Development and management of investment and trading projects Registered Capital: 100,000 Egyptian Pounds al-Shater’ Registered s Role: holds 60% via Salsabeel Company
Zad Supermarket Chain, owned by al-Shater,
CEO: Hassan Izz al-Din Malek, Partner and General Manager Zad Supermarket was targeted by the Egyptian government, it was put under the management of the “Egyptian Company for Wholesale Trade”, together with Seoudi Supermarket chain, belonging to MB member Abdulrahman al-Seoudi. Khairat al-Shater, Bahaa al-Shater and Saad al-Shater are registered as the company’s shareholders. Zad was accused by the government of money laundering for the MB.
The Egyptian Company for Renaissance and Integrated Development aka Namaa Holding is al-Shater family’s holding company.
Al-Shater’s son Saad is the Managing director of Zad Supermarkets, a managing partner in Namaa Holding, a board member at SISCOM Group and now is a board member of Contact Center Egypt.
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