Egypt reassures citizens: Strategic reserves of all basic commodities sufficient for 6 months

CAIRO – 14 June 2025: Amid the ongoing regional developments and their potential impact on global markets, Egypt’s Ministry of Supply and Internal Trade has confirmed that the country’s supply situation 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.

Iran launched a devastating missile attack on central Israel on early hours of Saturday in retaliation for Israeli airstrikes earlier that day targeting Tehran and Iranian nuclear facilities. The Israeli strikes reportedly killed hundreds, including military leaders and nuclear scientists.

Dozens of Iranian missiles fell on Tel Aviv, causing widespread destruction to residential buildings and forcing hundreds to evacuate their homes. Three Israelis were killed and more than 170 others injured so far according to the Israeli MDA Ambulance amid continuing the military escalation between the both sides.

Iranian TV reported that about 60 civilians, including 20 children, were killed in yesterday's Zionist attack on a 14-story residential complex in Tehran. Other more than 70 Iranian were killed on Friday. Also, Iranian media outlets reported that besides killing military leaders and nuclear scientists by the Israeli strikes on Friday, more military leaders in Iran were killed including General Gholam Reza Mharabi, deputy head of the intelligence department, and General Mehdi Rabbani, Deputy Chief of the Operations Department of the Iranian Armed Forces.