Arab Finance: Prime Minister Mostafa Madbouly has issued a decree establishing a high-level “Crisis Committee” under his leadership to monitor the repercussions of ongoing military operations between Iran and Israel, according to a statement.
The committee aims to ensure readiness across all sectors in Egypt amid the evolving regional tensions.
The committee's members include the Governor of the Central Bank of Egypt (CBE) and the Ministers of Industry; Planning, Economic Development and International Cooperation; Electricity and Renewable Energy; Finance; Supply and Internal Trade; and Petroleum and Mineral Resources.
Representatives from the Ministry of Defense, Ministry of Interior, General Intelligence Service, and the Administrative Control Authority are also included.
Madbouly will meet regularly with committee members and is intensifying consultations with various advisory councils to evaluate the potential impacts of the escalating conflict on various sectors.