Egypt: Essential commodities sufficient for several months amid regional military escalation

CAIRO – 28 February 2026: In light of regional developments since this morning, and as a follow-up to the meeting held the day before yesterday, Prime Minister Dr. Mostafa Madbouly held talks today with Dr. Sherif Farouk, Minister of Supply and Internal Trade, to review the status of the country’s strategic food reserves.

The Minister confirmed the availability of secure stocks of various essential commodities sufficient to meet demand for several months. He added that efforts are ongoing to ensure the steady supply of goods to markets and to monitor prices in coordination with relevant authorities, the Egyptian cabinet said in a statement.

These measures aim to maintain market stability, safeguard citizens’ interests, and prevent monopolistic practices or unjustified price increases, particularly during the holy month of Ramadan, the statement added.

U.S. President Donald Trump announced that the United States military has begun Major Combat Operations in Iran, calling on members of the Islamic Revolutionary Guard Corps (IRGC) to lay down their weapons.

“For 47 years, the Iranian regime has chanted Death to America and waged an unending campaign of bloodshed and mass murder, targeting the United States, our troops, and the innocent people in many, many countries,” he said in an eight-minute address.

“We're going to annihilate their navy. We are going to ensure that the region's terrorist proxies can no longer destabilize the region or the world, and attack our forces, and no longer use their IEDs or roadside bombs, as they are sometimes called to so gravely wound and kill thousands and thousands of people, including many Americans, and we will ensure that Iran does not obtain a nuclear weapon.”

A fresh wave of military confrontation swept across the Middle East early Saturday after Israel said it had begun “pre-emptive” strikes against Iran, with Iranian media reporting multiple explosions in Tehran and Israel moving quickly to tighten civil aviation measures amid… pic.twitter.com/5Ewvr1aIjS

— Egypt Today Magazine (@EgyptTodayMag) February 28, 2026

In response to U.S. and Israeli strikes on Iranian targets, Iran launched missile and drone attacks on U.S. military bases and allied facilities in the Gulf states, including Bahrain, Kuwait, Qatar, and the UAE, as well as on Israel. Some missiles were intercepted in countries like Jordan and the UAE.

The U.S. and Israel carried out further strikes on Iran, targeting military and government sites. A girls’ school in southern Iran was hit by Israel, resulting in dozens of deaths and injuries among students reaching 88 people so far. The situation remains highly tense across the region, with air defenses on high alert and ongoing military exchanges.