Egypt is taking steps to ensure uninterrupted industrial production despite regional military escalations, Prime Minister Mostafa Madbouly said on Sunday, pledging full state support for financing raw materials and production requirements.
Speaking at a meeting with heads of industrial and commercial chambers, Madbouly described the situation as “exceptional circumstances” following regional military developments, which have created significant challenges for energy and commodity markets. He emphasized that the government’s priority is to stabilize domestic markets, maintain price balance, and prevent inflationary pressures that could impact interest rates.
“The wheel of national production will not stop,” Madbouly said, underlining the government’s commitment to supporting industries during the current period of uncertainty.
The meeting included senior officials such as Sherif Farouk, Minister of Supply and Internal Trade; Mohamed Farid, Minister of Investment and Foreign Trade; Khaled Hashem, Minister of Industry; and leaders from the Federation of Egyptian Chambers of Commerce and Industries.
Mohamed Farid noted that Egypt entered the current crisis in stronger economic conditions than in previous regional shocks. He said reforms, including greater private sector participation, market organization, and production support, are continuing despite the external pressures.
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Ahmed El-Wakil, Chairman of the Federation of Egyptian Chambers of Commerce, highlighted that the flexible exchange rate has helped cushion shocks, while ample commodity supply remains the main factor in market stability. He said current stocks of essential goods are at “reassuring levels.”
Mohamed Zaki El-Seweidy, Chairman of the Federation of Egyptian Industries, added that the government’s assurances on raw material availability help prevent monopolistic practices and ensure steady investment inflows. He praised Egypt’s stability and flexible exchange rate policies as key factors maintaining investor confidence.
Chamber leaders noted that markets currently show a surplus of raw materials and sufficient foreign currency to meet production needs. Medicine stocks are reported to cover several months. However, regional instability has increased raw material costs at source and raised shipping and fuel expenses, putting upward pressure on commodity prices.
To address these challenges, Madbouly directed the creation of a working group composed of relevant ministries and representatives from both federations to monitor markets and resolve emerging problems. He reaffirmed the government’s commitment to ensuring factories and production sites operate at maximum efficiency, praising current monetary policy for its effectiveness in maintaining economic stability.
Analysts say Egypt’s proactive measures, including securing financing for raw materials, monitoring supply chains, and maintaining a flexible exchange rate, are intended to safeguard industrial production and avoid disruptions in key sectors amid regional geopolitical pressures.
The government’s approach signals a continued focus on macroeconomic stability, industrial resilience, and investor confidence, ensuring that Egypt’s production and manufacturing sectors remain operational even in times of external uncertainty.
With these measures, Egypt aims to sustain its economic momentum, support domestic markets, and protect critical supply chains, demonstrating a coordinated strategy between government ministries, industry stakeholders, and financial institutions.
