Moudbouly: Govt monitors oil price impact

Egyptian Prime Minister Mostafa Madbouly discussed in his weekly meeting the impact of rising oil prices due to escalating regional tensions. He indicated that the price hikes could negatively affect oil supplies and global supply chains, necessitating cautious monitoring and measures to ensure the availability of essential goods in the coming period. He also reviewed the government's efforts to strengthen relations with China and Africa, reaffirming its commitment to ongoing initiatives aimed at diversifying the economy and achieving stability in local markets.