Sherif Farouk

Egypt caps non-subsidized bread prices as authorities step up market oversight

Thu, 12 Mar 2026 - 02:45 GMT

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.

Egypt's ministers tell National Front Party forum: health supplies “covered for months,” energy secured, strategic reserves “safe”

Thu, 12 Mar 2026 - 12:47 GMT

Ministers say Egypt has months of health inputs, secured energy supply, and safe strategic food reserves amid regional tension.

Prime minister, officials attend funeral of former Supply Minister Ali Moselhi

Wed, 13 Aug 2025 - 12:10 GMT

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.

Egypt to enhance commodity exchange for economic contribution

Sun, 21 Jul 2024 - 11:30 GMT

The importance of conducting transactions in accordance with market mechanisms was emphasized, with the goal of achieving transparency and clarity at the highest levels.

PM emphasizes government’s commitment to ensuring goods availability, price control

Thu, 04 Jul 2024 - 12:01 GMT

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.

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