Rachid Mohamed Rachid or Rasheed Mohamed Rasheed became Egypt's minister of foreign trade and industry in July 2004. Two years later, the ministry was expanded to include domestic trade within Egypt and was renamed the Ministry of Trade and Industry (MTI). He has been described as the first businessman ever to hold a cabinet position in Egypt and as a reformer. On 1 February 2011, during the 2011 Egyptian revolution, Rachid traveled to Dubai. Following the downfall of the Mubarak regime, Rachid was tried in absentia.
