EGYPTIAN-AMERICAN Economist Dr. Mohamed El-Erian Announced as the Winner of the First ‘Great Arab Minds Economics Award 2023

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has announced Dr. Mohamed El-Erian, President of Queens’ College at Cambridge University, as the winner of the first Great Arab Minds (GAM) award in the economics category, in recognition of his incredible contributions to the field of economics and his perceptive analysis of changes in economic and financial systems.

Announcing this in a tweet on his official X (formerly Twitter) account, Sheikh Mohammed stated that economics has always been the foundation for stability and growth and the catalyst for innovative and developmental efforts that benefit both individuals and communities.

He noted that creativity in the field of economics is a driver of intellectual progress, prosperity and international cooperation, with ambitious economic visions serving as the main pillar in driving development, building the future of nations and boosting fruitful cultural and civilisational exchange.

An economist with an undergraduate degree from Queens’ and a DPhil from Oxford, Mohamed El-Erian previously served as chief executive officer and co-chief investment officer of Pimco, Deputy Director at the International Monetary Fund, Chair of President Obama’s Global Development Council and President of Harvard Management Company.

Throughout his career, Dr. El-Erian has been involved with universities and think tanks around the world, including his roles at the University of Pennsylvania as the Rene M. Kern Professor of Practice at the Wharton School of and Senior Global Fellow at the Lauder Institute.

After years of dedicated learning and professional experience, he emerged as an outstanding consultant providing services to prestigious financial institutions such as Allianz and Gramercy Funds Management. Additionally, he has been an active contributor to several non-profit organizations, including the National Bureau of Economic Research.

Dr. Mohamed El-Erian’s impact on the field of economics extends beyond his corporate and institutional work. His written works and research have yielded a wealth of advice, insights, and economic concepts, establishing them as key references in economics, finance, and business. Among his well-known books are ‘When Markets Collide’ (2008), ‘The Only Game in Town’ (2016), and his latest collaborative work, ‘Permacrisis: A Plan to Fix a Fractured World’ co-authored with esteemed economic experts. Furthermore, Dr. Mohamed El-Erian is recognized as a prominent contributor and editor for Financial Times and Bloomberg.

Owing to his intellectual prowess, he has been named one of the ‘Top 100 Global Thinkers’ for four consecutive years by ‘Foreign Policy’ magazine.

In addition to presenting innovative theories on global economic matters, Dr. El-Erian is widely acknowledged as a leading expert in the realm of global capital markets. He is notably credited with introducing the concept of the “new normal”, a term characterising the state of the global economy post the global financial crisis.

source/content: wam.ae (headline edited)

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Mohamed A. el Erian, Managing Director, Co-Chief Information, Officer, Pacific IINvestment Management Company, USA, at the Summit on the Global Agenda, 07 November – 09 November 2008. Copyright World Economic Forum (www.weforum.org)/Photo by Norbert Schiller / wikipedia.com

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AMERICAN / EGYPTIAN

EGYPTIAN-AMERICAN: AI Captain! Rana El Kaliouby’s bold trek to the final frontier of Humanising Technology

Egyptian-American founder of Affectiva is on a mission to revolutionise the way we connect with our digital devices, and each other, by building in emotional intelligence.

The earliest memory that Rana El Kaliouby can conjure is of standing on a tiny blue plastic chair in a romper suit confidently declaring whatever was on her toddler mind at the time.

She is about three years old, revelling in her father’s attention as he dispenses tips – “look at the audience, enunciate your words” – and records the ramblings for posterity with the first commercially available home video camera.

These regular living room sessions led to El Kaliouby going on to give many accomplished public-speaking performances around the world as an artificial intelligence scientist and entrepreneur, most recently this month at the CogX Festival Deep Tech Summit in London.

Her big message after decades working in technology is that the final frontier lies at the point where AI can be immersed in emotional intelligence , or EI, to revolutionise the human-to-computer experience.

But it’s obvious that the first seeds of that life-fulfilling mission were sown more than 40 years ago in her childhood home in Kuwait where she was first encouraged to get to grips with ideas and machines.

“Our family is really big on education, the thing my parents invested in me and my sisters,” El Kaliouby, 45, tells The National.

“And because they were both in tech, we were always exposed to the latest and greatest gadgets. I was a big Atari game player,” she adds, laughing.

El Kaliouby looks back fondly on those clunky old VHS cassettes and hours the family spent playing Pac-Man as examples of the positive way in which electronic devices can bring loved ones together.

Less happy interactions with latter-day technology, however, brought about the realisation that something was missing – all the rich communication signals provided by non-verbal cues were being lost.

An enterprising mission

Her focus ever since has been on developing artificial intelligence that recognises facial expressions so that people can have better connections with their laptops, and, crucially, with each other.

Born in Egypt after her tech guru father, Ayman, met his future wife, Randa Sabry, on a university campus, it seems almost inevitable that El Kaliouby grew up to be a proud geek pursuing a career in computer science.

“It’s a cute story,” she says. “My dad was teaching COBOL programming, this obsolete language that nobody uses any more but was the programming language in the 70s.

“My mum, who was a business major, decided to explore this thing called computer science, and he was kind of interested in going out with her. She said, ‘I don’t do that. No dating allowed.’ And he was like: ‘Ok, then I’ll propose.’”

Soon after, the newlyweds moved to Kuwait, and her mother became one of the first female computer programmers in the Middle East, until having to flee when Saddam Hussein invaded.

Aiming for the stars

Next stop was Abu Dhabi, where El Kaliouby’s Muslim-Arab upbringing was conventional in many ways, bounded by “lots and lots” of rules that included not making any boy friends while at school.

“I always imagined walking around with a gold star on my forehead. I was a very nice, rule-abiding daughter. I stuck to the strict curfews. I never dated through high school or college and I think, by and large, I was always an A student.

“But, at the same time, it was very empowering. I have two younger sisters and the message was always: ‘You can do anything you want in the world.’”

She continued to meet these expectations into her early 20s, earning undergraduate and master’s degrees in Computer Science at the American University in Cairo, and marrying the founder of a start-up, Wael Amin.

Within a year, though, El Kaliouby was undertaking a PhD 5,000km away at Cambridge University despite both sets of parents saying: “Wait a second, you’re married now and you can’t leave.”

Amin, she says, deserves the credit for supporting her daring dream and agreeing to a long-distance relationship.

“It was really unheard of. I did break rules more as an adult as I explored my passions and my quest for being a researcher and an entrepreneur.

“That’s how I think I pushed the boundaries and definitely made my parents uncomfortable.”

And then? “I like the wording that my life went off the rails. I think that kind of encapsulates it.

“Cambridge opened my horizons. It’s like I discovered the world and it was hard to unlearn that.”

The enthusiasm for her life’s work comes across even through the medium of our Zoom interview, but it’s also clear that this was not an easy time.

El Kaliouby arrived in England a few days after the September 11, 2001 attack in America, a young Arab woman then wearing a hijab.

“I was visibly Muslim. My parents were very concerned about my safety.”

The perpetual smile she adopted by way of a peace offering was also something of a mask, hiding the loneliness and separation from those she loved.

Back then, the technological means for staying in contact across the distance was largely restricted to the kind of messaging that proved a barrier to expressing true feelings, making El Kaliouby all the more determined to humanise technology.

“My PhD was centred around building a machine with emotional artificial intelligence, and I recognised at the time that a lot of the ways I was communicating with my family back home, and especially my husband, was through chat.

“We didn’t have video communication and it was certainly very expensive to make phone calls so we would use texting.

“I often felt I could hide my emotions behind the machine. There were many days where I would be homesick or even in tears, but I’d never communicate that. The best I could do was send a sad face emoji.”

The personal hardships became a driving force for her work. In a career paved with “what if” moments, El Kaliouby began to ask: “What if we could teach technology to understand us in the same way that we understand each other?”

“It’s not even in the choice of words we use. It’s our vocal intonations, our facial expressions, our body posture – and all of that was just getting lost via digitally mediated communications.”

Life was about to take another decisive twist as she received an email that the scientist, inventor and entrepreneur Professor Rosalind Picard was coming to give a talk on campus.

El Kaliouby had long been an admirer of this trailblazing woman in an almost overwhelmingly male-led field, whose book on designing computers to recognise human emotions she read while still in Cairo.

Life-changing encounter

“I often say this is the moment that changed the trajectory of my life,” she says of Picard’s request to meet some of the students.

So impressed was Picard by this intense young woman that she offered El Kaliouby a post-doctorate place on the Affective Computing Research Group at the Massachusetts Institute of Technology Media Lab before their first 20-minute conversation had ended.

“I remember thinking, ‘But I need to go back to Egypt. I have this husband waiting for me.’ And she basically said, ‘Just commute from Cairo. Show up whenever you want to.’’’

By then, El Kaliouby had a daughter, Jana, born in the UK, and a son, Adam, arrived in that other Cambridge in the US, but the constant round trips were becoming unsustainable.

“I was just doing that crazy back and forth. I would say it was OK until it went insanely chaotic when I started the company.”

The company was Affectiva, founded with Picard in 2009 with the goal of creating a commercial applications of emotion-sensing AI.

Growth was fast and it was an exciting time but there was another, darker side. “I was travelling so much, there was very little presence in anything I did,” El Kaliouby says.

Big lesson learnt

“I feel like I was out of balance. I didn’t make any time to sleep well. I would wake up at three in the morning almost every day and fire all these emails to my team. And so these poor people would wake up at six or seven in the morning with a whole slew of notes from me.

“I would go on vacation with my husband and my two young kids, and I’d just be on call all the time. There were zero boundaries, zero balance, and that was a big lesson learnt. There’s always time for self-care. There should always be time to spend with family and loved ones and friends. And, I didn’t do that, you know?”

By 2016, she was a divorced mother of two young children living full-time in America, and decided to bare that vulnerability in her role as chief executive of Affectiva.

Staff could see on El Kaliouby’s calendar that 3.30pm was demarcated to collect her son from school, and she explained to them that a Zumba class each Friday ensured a happier, healthier leader.

“I think it made for a much more authentic environment,” she says.

The family now lives in what El Kaliouby describes as a charming New England home filled with distinctive Middle Eastern touches and often by the aroma of molokhia soup made to her mother’s recipe.

Love for Egypt

“It’s very modern but with a lot of Egyptian things, Arab and Islamic inscriptions. I think of myself as Egyptian American, and very Egyptian in a lot of ways. I love Egypt. A lot of qualities – the Arab warmth, generosity and even intimacy – that’s very much who I am and I would say it’s the same for my kids.

“But I also have embraced what people would call American values. I’m very ambitious, very driven, very globally minded.”

That ambition and drive has taken her far. Affectiva is employed by brands in about 90 countries for market research, but also helps children with developmental difficulties, such as autism , to better interact with those around them.

More recently, the company has developed technology to make driving safer by enabling cars to detect if a motorist is becoming drowsy or distracted.

It was acquired in 2021 by the Swedish AI giant SmartEye for what was said to be about $73 million, with El Kaliouby becoming deputy chief executive.

She has long predicted that the day will come when all devices have an emotion chip and we won’t remember what it was like before screens could comprehend the meaning of us frowning at them.

“When we first started doing this work, we always said this will become ubiquitous and ingrained in every technology. Now, I think it’s more true than ever because AI is becoming a lot more conversational and perceptual.

“You can imagine that the final frontier is this emotional and social intelligence. Initially, my work was very much around human-to-computer interaction, making machines more intelligent, and how they communicate with humans.

“Now it’s back to the human connection. How are AI assistants and AI technologies going to make us better humans, especially better at connecting with each other?”

Along the way, she has learnt that daily affirmations are as integral to life as algorithms, and celebrating the small achievements, such as growing her own tulips, is as important as publishing a best-selling memoir, Girl Decoded.

Among the accolades amassed, El Kaliouby can cite becoming a World Economic Forum Young Global Leader, being listed on the Forbes Top 50 Women in Tech, and receiving the Smithsonian Magazine’s American Ingenuity Award in Technology. Earlier this year, she was invited to ring the opening bell on New York’s Nasdaq exchange as a female pioneer in AI, and was recently made a 2023 Eisenhower Fellow.

None of this seems to have gone to her head, however, perhaps because her family does a good job of keeping her grounded.

When El Kaliouby gave a TED Talk some years ago, she explained that in emotion science all facial muscle movements are measured as action units with specific numbers for each.

Words from the wise

In a throwback to those early guided sessions in the family living room in Kuwait, the night before she walked on stage, her daughter Jana, 12 at the time, helpfully texted: “Good luck mummy!! I’m sure your gonna do awesome. Remember: don’t play with your hair, connect with audience, give them a present, gesture on words, gesture to emphasise.”

The response sent in live time was the old-school 🙂 emoticon but the algorithm that is El Kaliouby’s labour of love would have strongly detected action unit 12, the main component of, in this particular case, a very indulgent smile.

From her parting message to readers of The National, it is clear that she won’t rest until the technology responds just as accurately across the whole gamut of social and emotional states irrespective of people’s age, gender or ethnicity. Going forward, El Kaliouby insists, the watchword has to be inclusivity.

“I’m on this mission to diversify the face of AI. So it’s a call to action to get involved. It’s super exciting and we need a lot of diverse people being part of it.”

source/content: thenationalnews.com (headline edited)

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AMERICAN / EGYPT

EGYPTIAN-AMERICAN: Cambridge University shaped Mohamed El-Erian’s illustrious career and now he’s giving back

In our continuing series of inspiring life stories across continents, we hear about the Egyptian-American economist’s battle to overcome institutional prejudice.

It was speech day in the last week of secondary school when Mohamed El-Erian might have been forgiven for thinking that all lessons had come to an end, but there was one more in store for the unsuspecting student.

Seated in the audience, flush with the thrill of winning a scholarship to read economics at Queens’ College, Cambridge, Mohamed was listening as the roll call of the cohort’s achievements was read out.

The teenager, an Egyptian-American, was the only foreign pupil at St John’s, Leatherhead, then a private boys’ boarding school in a leafy town just south of London, and one of two in the year to have gained entry to Oxbridge, the duopoly of grand ancient seats of learning in the cities of Oxford and Cambridge.

The feeling of being about to go up to Cambridge was “incredible, absolutely incredible”, yet when the headmaster wrapped up the announcements there had been no mention made of any El-Erian. Nor was his honour logged, like that of the other successful applicant, on the school record.

Mr El-Erian, now 62, known to millions as a globe-trotting economist who has shaped thinking about historic twists in the world’s fortunes, was recently elected as president at his alma mater at the University of Cambridge, the place that equipped him so well for his stellar future.

But back in the 1970s, the struggle for recognition with his old school was to last almost the entirety of his undergraduate degree and would inadvertently serve “as an indication of the institutional racism that was still ripe at that time” in England.

To this day, Mr El-Erian, credits one of his masters at St John’s School, Bill Chubb, for not only inspiring him to succeed but for taking up the three-year fight to have the school and its headteacher recognise that triumph.

Fast forward more than four decades and the circle has completed in proper order. “Our congratulations to Dr Mohamed El-Erian (West 1973-1976) on his election as the 42nd president of Queens’ College, Cambridge,” announced a recent issue of the school’s The Old Johnian publication. “He will take up office from October 2020. Mr El-Erian won a scholarship from St John’s to read economics at Queens’ College.”

The new president of the college founded in 1448 arrived in post six months after the pandemic hit. His social media feeds are filled with scenes from across the picturesque city, whether of the Mathematical Bridge, the 270-year-old wooden structure he wanders over to reach the half-timbered lodge where he now lives, or the surrounding countryside he walks in with his beloved dog Bosa.

Unsurprisingly, one of the key objectives he aims to deliver on is expanding access to the college to more people from diverse and less advantaged backgrounds.

He also wants to encourage students “to do even better what they already do well”, which he himself learnt after arriving at Cambridge full of worries about being able to keep up academically, making friends or fitting in.

“It took me some time to get over this ‘imposter syndrome’ and, returning for my second year, I had a noticeable bounce in my step,” Mr El-Erian tells The National.

However, when he went to the customary beginning of term meeting with his director of studies in economics, Andy Cosh, he was asked how he thought it had gone so far.

“When I responded ‘great’ to his question about my first year, he immediately said: ‘You could and should do so much better.’ That remark had a notable impact on me. And I took it to heart.

‘With a mix of renewed determination and nervous excitement, I tried to do both more and better. I was fortunate enough to end up getting a first class honours degree, captain of the football team, on the squash team, and making amazing friendships that have lasted to this day. Moreover, every year was more fun than the previous one.”

Mr El-Erian, though, credits the entire experience of studying at the revered institution for broadening his horizon, exposing him to robust academic discussions, providing key analytical tools, and introducing him to interdisciplinary approaches.

Knowledge gains such as these propelled him on to the world stage. His career began at the International Monetary Fund in 1983, straight after a doctorate in economics at the University of Oxford.

Joining the Washington-based lender had never been part of his initial plan, though. “I had intended to be an academic,” he says.

When his father died suddenly, Mr El-Erian felt an imperative to find a higher-paying job than one in academia to help his “amazing mother” support his seven-year-old sister.

“The IMF ended up being an outstanding experience, exposing me to remarkable economic and financial policy issues at a relatively young age,” he says.

After 15 years, he moved into the private sector with Salomon Smith Barney/Citibank in London, where he wanted to understand how finance and “the plumbing of the international economy” worked.

It was not long before the axiom “when El-Erian speaks, Wall Street listens” was coined.

From there, he joined the global investment management company Pimco in 1999 as head of emerging markets portfolio management, latterly becoming chief executive and co-chief investment officer of the then $2 trillion investment fund.

Until, that is, the father of two got an unexpected memo, received after telling his 10-year-old daughter to brush her teeth. “She asked me to wait a minute, went to her room and came back with a piece of paper. It was a list that she had compiled of her important events and activities that I had missed due to work commitments,” he said in a 2014 interview. Jotted down were 22 milestones for which he had been absent: her first day of school, first football game, Halloween parades, several recitals.

“Talk about a wake-up call … my work-life balance had gotten way out of whack, and the imbalance was hurting my very special relationship with my daughter.”

Famously, he quit. Afterwards, he invested more time in his family and became economic adviser to the management board at financial services company Allianz, a role he still holds part-time today.

He also wrote The Only Game in Town, his second New York Times best-seller, on the protracted policy over-reliance on central banks. His first book, the award-winning When Markets Collide, which highlighted the growing fragilities and the likelihood of major meltdown, was published just before the 2008 global financial crisis.

Writing – books and economic analysis articles for media organisations – helps expose gaps in his knowledge and discipline his thinking process.

It is a personal philosophy inspired by his father, who gained a doctorate on scholarship to Columbia University, was a professor at Cairo University and later joined the diplomatic service with postings to the United Nations mission in New York and the embassies in France and Switzerland. He was then elected judge of the International Court of Justice in The Hague.

As a consequence, Mr El-Erian’s upbringing was very international. He was born in New York and schooled there as well as in Cairo, Paris and St John’s, where his Egyptian parents hoped to give him the stability of learning one academic curriculum in one language – he speaks four: English, French, Arabic and Spanish – and the chance to make friends.

There was a particular interaction with his father that stands out in Mr El-Erian’s memory. Every morning, El-Erian Snr read the five newspapers delivered to the ambassadorial residence in France. Occasionally, he would check if his teenage son had read them, too.

“I asked him what was the point of having so many newspapers as, after all, ‘the news is the news’.

“‘Wrong’, he responded and explained that through the range of newspapers we were receiving, I had access to a range of political perspectives.”

The message was clear that unless the young El-Erian was regularly exposed to different opinions, he would not have sufficient awareness to make sound decisions.

“This emphasis on what we call today ‘cognitive diversity’ has been a major driver of my life since,” he says. “I often feel that I operate at intersections – or, as my daughter says, ‘in the in-between’. And it is why I feel so strongly about promoting diversity and inclusion.”

The issues surrounding diversity and inclusion crop up at many points during the conversation, as they have in Mr El-Erian’s life, something he largely attributes to his Arab roots, which have had a great influence on him.

He believes that the West does not fully understand the Middle East and North Africa, primarily because the conditions in Arab countries vary so widely.

“The result is either excessive generalisation and over-dramatisation or, worse, a sense that the region has lost its way and is too unpredictable to deal with,” he says.

“Looking forward, and this is not just highly desirable but also very feasible, the critical requirement is to unleash the incredible potential of the youth. The region is full of talented young people with massive upside, and with some who have already done amazing things when placed in an enabling environment.”

Mr El-Erian, of course, knows about this first hand. He has encountered prejudice many times and still does even all these years after that speech day snub.

“I have learnt to deal with this and, more generally, am committed to ensure that biases, conscious and unconscious, do not get in the way of people with amazing potential,” he says.

It is the kind of input he wants to have at Queens’ College – despite residing in the Tudor-style President’s Lodge among the older buildings known affectionately but somewhat ominously by the students as the “dark” side. As opposed to the “light” side represented by the newer buildings on the opposite bank of the River Cam.

“I love being back, and for many reasons,” Mr El-Erian says. “One of them includes the ability to walk in a beautiful town with inspiring scenery and surrounded by smart people, many of whom are trying to solve complex problems and make the world better.

“I am not thinking beyond Cambridge,” he says. “I am delighted to be here and have a lot to do working with colleagues to continue to enable current and future generations to contribute to society in multi-faceted ways.”

The professional aspirations are ever-present, as much as Mr El-Erian is enjoying the simple pleasures of the university city once again. He and Bosa can regularly be spotted tramping across fields early on a foggy morning. It is, he says, an invaluable time spent listening to podcasts and radio shows, envisaging forthcoming articles, gathering his thoughts.

He is living a new phase of his life back at the heart of Queens’, no longer the awkward undergraduate with imposter syndrome but a global powerhouse returned to right the wrongs of the past.

source/content: thenationalnews.com (headline edited)

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Mohamed El-Erian, economist: ‘It is my hope that, through visionary leadership and better coordination, 2022 will be remembered proudly as the year we both won the war against Covid and secured the foundation for a fulfilling, prosperous, and durable peace for all.’ Bloomberg via Getty Images

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AMERICAN / EGYPTIAN

Egyptian-American Dr. Sherif Zaki : Founder & Chief of the Infectious Disease Pathology Branch – Coordinating Centre for Infectious Diseases (CDC), Atlanta, Georgia (1955-2021)

Sherif Zaki (1955-2021): ‘CDC’s secret weapon’. Pathalogist. Legendary Disease Detective. Infectious Disease Expert.

Prominent pathologist Doctor Sherif Zaki, founder and chief of the Infectious Disease Pathology Branch in the Coordinating Centre for Infectious Diseases in Atlanta, Georgia, passed away on 21 November, 2021.

Dr. Zaki was renowned for cracking medical mysteries by finding signatures of pathogens in diseased cells.

Through the application of classic and new technologies, Dr. Zaki and his team have made significant contributions to advancing the understanding of the pathogenesis and epidemiology of emerging infectious diseases.

Moreover, for his leadership, scientific contributions and commitment to Centre for Disease Control’s (CDC) public health mission, Dr. Zaki has been widely recognised and awarded, including receiving the US Health and Human Services Secretary’s Awards for Distinguished Service – the department’s highest honour – nine times.

Dr. Zaki and his staff were the first to identify the Hanta virus, later called the Sin Nombre virus, that caused the deaths of several people in the Navajo nation in the Southwest in 1993.

He also helped discover the Zika virus in the brain tissue of babies stricken with the mosquito-borne virus in Brazil, proving that it could be transmitted during pregnancy.

Dr. Zaki also helped identify the mechanisms that made Ebola and SARS so contagious and lethal.

Sherif Ramzy Zaki was born 24 November 1955, in Alexandria, Egypt.

He spent the first six years of his life in Chapel Hill, North Carolina, where his father was attending graduate school.

Dr. Zaki received his medical degree from Alexandria University in 1978, before earning a master’s degree at his alma mater in pathology.

He earned a doctorate in experimental pathology from Emory University in Atlanta in 1989.

Dr. Zaki’s data on Scopus database showed that Zaki had published in the neighborhood of 400 scientific papers and had an advanced “H score” of 102 thus placing his impact on the field way above the 35-70 range for Noble Prize hopefuls.

source/content: english.ahram.org.eg

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UNITED STATES OF AMERICA (USA) / EGYPT / EGYPTIAN AMERICAN / ARAB AMERICAN