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Mohammad Nidal al-Shaar

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Mohammad Nidal al-Shaar
محمد نضال الشعار
Minister of Economy and Industry
Assumed office
29 March 2025
PresidentAhmed al-Sharaa
Preceded byOffice established
Basel Abdul Hannan (as Minister for Economy and Foreign Trade)
Maher Khalil al-Hasan (as Minister of Internal Trade and Consumer Protection)
Basel Abdul Hannan (as Minister of Industry)
Minister for Economy and Foreign Trade
In office
14 April 2011 – 23 June 2012
PresidentBashar al-Assad
Prime MinisterAdel Safar
Preceded byLamia Assi
Succeeded byMohammed Dhafer Mahbek
Member of the People's Assembly
In office
9 March 2003 – 7 May 2007
ConstituencyAleppo Governorate
Personal details
Born
Mohammad Nidal al-Shaar

1956 (age 68–69)
Aleppo, Syria
Political partyIndependent
Children2
Alma materUniversity of Aleppo (BA)
South Dakota State University (MS)
George Washington University (PhD)

Mohammad Nidal al-Shaar (Arabic: محمد نضال الشعار; born 1956) is a Syrian economist and politician who has served as Minister of Economy and Industry in the Syrian transitional government since 29 March 2025. He previously served as Minister of Economy and Foreign Trade in the Adel Safar government and a member of the People's Assembly from 2003 to 2007.[1]

Al-Shaar's professional career spans consultancy and training roles in financial markets and institutions across multiple countries. He has advised both private and governmental organizations in the United States and the United Arab Emirates on monetary policy, banking, securities markets, mergers and acquisitions, and investment.

Early life, education and career

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Mohammad Nidal al-Shaar was born in Aleppo, Syria, in 1956. He earned a Bachelor of Arts degree in Economics from the University of Aleppo in 1980. He later pursued advanced studies in the United States, obtaining a Master of Science in International Business from South Dakota State University, a Master of Philosophy in Finance and International Investment from George Washington University, and a PhD in economics from George Washington University. Early in his career, he worked as a researcher for the U.S. Department of Housing and Urban Development.[2]

From 1996 to 2001, al-Shaar served as a professor at the University of Aleppo’s Faculty of Economics. During this period, he also held the position of Director of the Central Bank of Syria’s branch in Aleppo. Subsequently, he was Secretary General of the Accounting and Auditing Organization for Islamic Financial Institutions from 2002 to 2012. He has been involved with emerging markets indices and contributed to training staff at the Dubai Financial Market, Dubai Mercantile Exchange, and Abu Dhabi Securities Exchange.[3]

Al-Shaar's career also includes roles as Chief of Market Management and Studies at Fannie Mae in Washington, Vice President at Johnson & Higgins in New York and Washington, and economic adviser at the World Bank. Additionally, he has served as an adjunct professor at George Washington University, where he taught courses on macroeconomics, global economics, money and banking.[3]

See also

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References

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  1. ^ "President al-Sharaa announces formation of the New Government: We are witnessing the birth of a new phase in our national process". Syrian Arab News Agency. 30 March 2025. Retrieved 29 March 2025.
  2. ^ "Syria's economic reboot: Three Ministers, One Mission". The Syrian Observer. 25 April 2025.{{cite web}}: CS1 maint: url-status (link)
  3. ^ a b "Biographies of the ministers appointed in the new Syrian government". Syrian Arab News Agency. 30 March 2025.{{cite web}}: CS1 maint: url-status (link)
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