14 Hrs
Source:
الشرق الأوسط
Source: الشرق الأوسط
14 Hrsالشرق الأوسط
Source: الشرق الأوسط
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Egyptian President Abdel Fattah el-Sisi directed officials to ensure safe levels of foreign exchange reserves and essential commodities in anticipation of escalating regional tensions and disruptions to supply chains, while strengthening risk management and cybersecurity. The Central Bank announced that foreign reserves reached a record $57.50 billion at the end of October 2026. The government approved a three-month plan to rationalize spending, and el-Sisi called for studying the creation of a strategic stockpile to address emergencies. Experts called for a resilient, multi-tiered system to secure essential commodities—one that goes beyond relying solely on a stockpile sufficient for six months and identifies alternatives, as well as the entities responsible for replenishment and distribution.
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