CAIRO – 15 June 2025: Amid the ongoing regional escalation and fears of their potential impact on global markets, Egypt’s Ministry of Supply and Internal Trade has confirmed that the country’s supply remains fully stable, with an abundance of all essential commodities sufficient to meet citizens’ needs for extended periods.
Dr. Sherif Farouk, Minister of Supply and Internal Trade, stated on Saturday that the ministry has implemented a series of proactive measures—coordinated with relevant authorities—to secure the local market’s requirements for basic commodities. These efforts aim to ensure market stability and the continued availability of essential goods in adequate quantities and at reasonable prices.
The Minister noted that Egypt's strategic reserves of all basic commodities currently exceed six months, reflecting the state's preparedness and ability to manage any potential disruptions stemming from regional or international developments without compromising commodity availability or market equilibrium.
Last Friday, The Israeli army launched a preemptive strike against Iran's Nuclear Program with more than 200 Israeli Air Force fighter jets, operating with precise intelligence from the IDF Intelligence Directorate, conducted coordinated strikes on over 100 targets across Iran. Israeli media outlets reported that the Israeli operation against Iran could last for weeks amid Iranian threat of a severe retaliation.
Iranian military leaders killed in the Israeli airstrikes include Chief of Staff of the Iranian Armed Forces Major General Mohammad Bagheri, Commander of the Khatam-al Anbiya Central Headquarters of the Iranian General Staff, Major General Gholam Ali Rashid. The Khatam al Anbiya Headquarters is a Unified Combatant Command Headquarters of the Iranian Armed Forces, operating under the direct command of the General Staff, is responsible for planning and coordinating joint military operations across all branches of Iran’s armed forces.
Several countries, including, Saudi Arabia, Qatar, Lebanon, and Oman- the broker of the US/Iranian talks on the Iranian nuclear program- condemned the Israeli attacks, saying these blatant attacks violate the international laws. Additionally, several countries suspended their flights to and from Iran and Israel.
Sun, Jun. 15, 2025
