At the same time, along with the Egyptian Finance Ministry, the Central Bank of Egypt issued Egyptian treasury bonds worth 13 billion Egyptian pounds.MENA reported that an unnamed official source explained that the desire by the banks to purchase the bonds reflect confidence in the ability of the Egyptian economy to overcome the current Egyptian crisis.Ramez said the foreign currency reserves at the central bank hit 36 billion dollars, helping achieve stability in timberland 6 inch boots sale the market.The Central Bank intervened directly in early 2009 during the world economic crisis. The Governor of the Central Bank of Egypt Farouk el-Okda sent an official message to the International Monetary Fund (IMF) on Friday, saying Egypt is not in need of any monetary or financial assistance to compensate losses during the massive protests as it plans to take several local measures to face the current crisis.
Egyptian President Hosni Mubarak on Friday landed on Sharm el-Sheikh with his family, after a speech delegating power to his Vice President Omar Suleiman on Thursday night, according to Al Arabiya TV.An airport source told Xinhua earlier that Mubarak and his family left for Sharm el-Sheikh accompanied by Lieutenant General Sami Hafez Enan, chief of staff of the Egyptian army.Egyptian President Hosni Mubarak said in a televised speech on Thursday night that he will hand over power cheap timberland mens boots to Vice President Omar Suleiman, but will not resign, in a response to more than two weeks of mass protests against his 30-year rule.The Egyptian army on Friday delivered a televised statement to guarantee the political reform and people's demands in specific through peaceful transition of power, and calm the nationwide protests that hit the country for more than two weeks. At the same time, the army urged people to go back to normal life.
However, the statement was not welcomed by protesters who demanded the army to act for the people.Thousands of protestors on Friday marched to the presidential palace, and some blockaded the Egyptian television building chanting anti-Mubarak slogans.Egyptian President Hosni Mubarak pledged timberland roll top boots Tuesday that he would not run for the presidency again in his speech to the nation which fell into chaos after eight days of anti-government demonstrations demanding an end of the president's 30-year rule.In his speech on Tuesday night, Mubarak said that he does not intend to run for another term after massive anti-government protests shook the country for the past eight days.Mubarak said that he will work in the last months of his term to ensure a smooth transfer of power."My main responsibility is to ensure stability, and in the next few months I will work on the country's stability," he added.
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