Thomas Bach, the new German elected president of the International Olympic Committee (IOC), will resign Monday from all his other positions, news reports said. Among the positions that the German former fencer will be leaving is head of Ghorfa, the controversial Arab-German Chamber of Commerce and Industry which is promoting the boycott of Israel. Established by the Arab States in the 1980s, it helps German companies ensure that their products meet the import requirements of Arab governments, some of which ban products and services from Israel.