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المصري اليوم
Oil surpasses $100 amid market oversight
The Egyptian government has affirmed that, despite oil prices exceeding $100 per barrel due to regional and international crises, it is monitoring the markets and has prevented price hikes. It is also working to increase the strategic stockpile of goods to meet the country's needs. Additionally, the cabinet spokesperson pointed out that Egypt achieved an economic growth rate of 5.1% in the last fiscal year, making it one of the highest rates in the Middle East. The government also emphasized the importance of raising awareness and securing the internal front. It is preparing to hold a conference in October to showcase its achievements and the challenges it faces, with a focus on countering rumors and clarifying the government's vision.
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