Sherif Farouk
As per a ministerial directive, Baladi bread is priced at a maximum of LE 2 for an 80‑gram loaf, LE 1.5 for a 60‑gram loaf, and LE 1 for a 40‑gram loaf.
Ministers say Egypt has months of health inputs, secured energy supply, and safe strategic food reserves amid regional tension.
His death comes less than a year after he was diagnosed with cancer in October 2024, a few months after he left his ministerial post in the latest Cabinet reshuffle.
The importance of conducting transactions in accordance with market mechanisms was emphasized, with the goal of achieving transparency and clarity at the highest levels.
During the meeting, Madbouly delegated the task of devising a plan to ensure the availability of goods and price control to Minister of Supply and Internal Trade, Sherif Farouk.