Druze protest Trump's recognition of Israeli sovereignty over Golan Heights    SDF declares victory over IS in group's last enclave in Syria    Not German Christian Democrats    May in fight to retain grip on Brexit as parliament seeks control    Uber to announce deal to buy rival Careem as early as this week: Bloomberg    Egypt's Sisi receives Jordan's King Abdullah in official ceremony    Up-fuse, Farahzada El Shihy create ‘The Ripples'    Dior Dubai Show brings circus to desert    Egypt's tourism minister presents tourism promotion plan at UNWTO meeting    Referees must not penalize all contact in box, says Maguire    We have begun a new journey: Spain's Sergio Ramos after Norway win    Tennis: Ferrer stuns Zverev, Federer fights back in Miami    EU to launch 120 mln euros-water program for Egypt: Ambassador    Thousands attend New Zealand vigil to honor 50 mosque dead    Egyptian, Britsh armies continue ‘Ahmose-1' in Alexandria    Supreme Media Council block Al-Mashhad newspaper    Irrigation Minister asks Egyptians to be ‘more concerned' over water scarcity    Unilever Mashreq invests over EGP 500m in Egypt since end-2016    Jadon Sancho is the type of player England has and Germany wants    Euro 2020 qualifying: Germany look to emulate neighbors in period of evolution    King of Malaysia, El Attal discuss investment opportunities in Egypt    UNB reduces its Egyptian branch's board of directors to seven members    Gap between rich, poor in Egypt shrinking, middle class doing worse: LSE Director    Passengers airlifted from cruise ship stranded off Norway    Pope accepts resignation of Chilean cardinal accused of covering up abuse    Meet Egypt's youngest female football coach    Ghzela: living life despite marginalisation    Dahabeya: passage through time on Nile river    Tutankhamun goes to Paris    Disney closes $71B deal for Fox entertainment assets    To be continued    International Universities to start its next academic year in the New Capital    Darts for all    Greta    A Broken Window play is the latest at Taliaa Theatre, don't miss it    Mustafa Al-Razzaz's art is on show at the Gezira Arts Centre    Don't miss Asmaa Waguih's photography show at the AUC Photographic Gallery    Egypt's Parliament began national dialogue over constitutional amendments    Mohammed Ali Palace celebrates Mother's Day with royal jewellery exhibition    New horizons    Diaa Rashwan    Christchurch terror    Another year for Syria?    National dialogue begins    Egypt parliament provisionally approves bill on protecting personal data    Uganda releases 14 Egyptian expats after embassy intervention    Right man for the right job    Egypt's Court of Cassation upholds verdict putting 169 Brotherhood members on terror list    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

Ganzoury says will not hold finance portfolio
Published in Daily News Egypt on 02 - 12 - 2011

CAIRO: Egypt's new prime minister, Kamal El-Ganzoury, said on Thursday he had no intention of taking on the finance portfolio in a cabinet he promised to have fully formed by Saturday.
The independent Al-Masry Al-Youm daily, on its Facebook page on Thursday, had cited an unidentified source as saying El-Ganzoury would keep the Finance Ministry for himself.
But the new premier said he was not interested.
"I will appoint a finance minister, because I can't take on such responsibility at this time," El-Ganzoury told reporters.
Egypt's economy has been hammered by the uprising that toppled Hosni Mubarak and the political uncertainty since then. El-Ganzoury was credited with economic liberalization and delivering growth when he was premier under Mubarak in the 1990s.
The current finance minister, Hazem El-Beblawi, told Reuters on Wednesday he had not been approached to stay on. Prior to El-Ganzoury's appointment, he submitted his resignation in October but it was rejected by the ruling military.
El-Ganzoury said he had met six candidates for various ministerial posts on Thursday and would continue consultations on Friday before completing the cabinet on Saturday.
"The new government will include three youth and two women, and there will be no civilian interior minister. From eight to 10 of the current ministers will stay," he said.
The posts would include a minister for investment and public enterprises, a portfolio that was abolished in the wake of Egypt's popular uprising early this year. The cabinet would include no deputies to the prime minister.

Clic here to read the story from its source.