24 Hrs
Source:
بوابة الفجر
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Prime Minister oversees weekly government session
During the weekly meeting in New Alamein City, Prime Minister Dr. Mustafa Madbouly discussed the latest regional developments. The region is anticipating a geopolitical escalation related to Gaza, Lebanon, and tensions between the United States and Iran, which has impacted global markets and oil prices. He affirmed that the Egyptian leadership is closely monitoring these events and is working to contain them through peaceful means, while maintaining food security by ensuring reserves sufficient to cover certain commodities for an entire year. Economically, Egypt’s foreign reserves increased to $56.3 billion by the end of July 2026. Additionally, three agreements are expected to be signed to promote tourism, urban development, and transportation. There is also support for the national pharmaceutical policy to enhance supply security and improve the regulatory environment in the Egyptian market.
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