Roundup: Egypt strives to mitigate economic fallout from Israel-Iran war


  • World
  • Thursday, 19 Jun 2025

CAIRO, June 18 (Xinhua) -- As the Israel-Iran conflict casts a heavy shadow over the Middle East, fears are mounting over its economic repercussions. In response, the Egyptian government has sought to reassure the public, affirming there is no cause for alarm.

During a cabinet meeting on Wednesday, Egyptian Prime Minister Mostafa Madbouly assured citizens that all essential goods remain available in the local market, backed by strategic reserves sufficient for several months.

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