Mohieldin accepted the award during a ceremony held on Wednesday in the attendance of the President of Ain Shams University, Mahmoud El-Metini, Presidential Advisor for Health and Prevention Affairs, Dr. Mohamed Awad Tag Al-Din and a large group of academics and researchers from inside and outside Egypt.

Over more than 30 years as a public servant, Mohieldin held influential positions in Egypt and internationally.

At home, he served as minister of investment from 2004-2010, where he was applauded by many for implementing innovative policies to improve the investment atmosphere in the country.

Internationally, he has been serving as UN Climate Change High Level Champion, playing a key role in the success of the COP27 held in Sharm El-Sheikh last November.

He also serves as an Executive Director at the International Monetary Fund.

Mohieldin graduated with a bachelor's in economics from Cairo University. He holds a master's degree in economics and social policy analysis from the University of York, UK and a PhD in economics from the University of Warwick, UK, among other academic degrees.

In his speech at the ceremony, President El-Metini explained that the university's board of directors decided to award Mohieldin with the honourary degree “as recognition for his contribution in the field of the economy over 30 years on the local and international levels.”

In accepting the award, Mohieldin expressed his appreciation to the faculty and administration at the university, adding that “Ain Shams has been at the forefront of advancing academia and the sciences in the country since its establishment in the fifties of the last century.

He stressed to the audience that the global community needs to work harder to confront multiple crises, such as climate change, rising unemployment, epidemics and diseases, and economic uncertainties.