BREAKING NEWS

Egyptian finance minister not yet asked to retain post

CAIRO - Egyptian Finance Minister Hazem el-Beblawi said Wednesday that he had not yet been asked to stay in his post in a new cabinet due to be formed by the end of the week.
The ruling military council Friday named political veteran Kamal Ganzouri to form a new cabinet that would last until mid-2012.
Asked if he had been approached to stay on as finance minister in the new cabinet, Beblawi told Reuters: "All I can say is that, up to this very moment, I was not approached by anyone."