Subscribe Register Login

Thursday, April 24, 2014, 4:06 p.m.
Top Picks - Mobile App

Conflicting reports of Egypt's central bank governor status

By Arkansas Democrat-Gazette Staff and Wire Reports

This article was originally published December 22, 2012 at 12:55 p.m. Updated December 22, 2012 at 4:20 p.m.

— State television reported early Saturday that Egypt's central bank governor resigned, but the Cabinet later denied the report.

State TV reported the resignation of Central Bank Governor Farouq el-Oqdah. But then it carried a denial by the Cabinet that he had stepped down.

No explanation was given for the conflicting reports, which come after several days of media report that the administration was trying to convince el-Oqdah not to quit his post, at a time when Egypt's pound has been losing value and a crucial deal for a much needed IMF loan of $4.8 billion has been postponed.

Comments on: Conflicting reports of Egypt's central bank governor status

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Receptionist/ clerical assistant

    Beaver Water District Beaver Water District in Lowell, AR s...
    LOWELL, AR

  • Director of finance

    director of financegrowing association in Little Rock w/$5MM...
    LITTLE ROCK, AR

  • Dockworkers

    Full & Part TimeJoin the leading LTL team! Con-way Freight h...
    LITTLE ROCK, AR

  • Accounts payable clerk

    Seeking accounts payable clerk to process invoices and issu...
    Little Rock, AR

  • Drivers

    General j. b. hunt join us for a job fair! April 22 and 24 L...
    ROGERS, AR

Search 767 jobs >

Top Picks - Mobile App
Arkansas Online