Egypt’s Minister of Supply and Internal Trade, Sherif Farouk, chaired the General Authority for Supply Commodities board on 4 October 2026. The ministry said the meeting reviewed strategic reserves of basic commodities, procurement and contracting plans, and supply programmes. Farouk described keeping reserves at safe levels and maintaining regular flows to the domestic market as priorities. The statement gave no reserve quantities, months of consumption covered or volume of new purchases; it focused on the planning and oversight process used to monitor supplies.

Participants included board members, the Central Bank of Egypt’s deputy governor, Central Auditing Organization representatives and officials from relevant ministries. The chief executive of the Egyptian Holding Company for Silos and Storage also attended. The ministry said the government monitors international prices and supply-chain movements and reviews procurement plans, contract timing and supply programmes. The release announced no new tender, purchase price or contract with a named supplier or country.

The board reviewed projects to govern wheat circulation and storage, tracking grain from arrival and receipt through transport and silo storage to release. Farouk directed the authorities to expand digital systems in silo management and connect the stages of wheat handling. The ministry said the aim is real-time monitoring of movements, stocks, additions and withdrawals; better data exchange among responsible bodies; more efficient operations and decisions; and reduced losses. It identified no silos already using such systems and set no completion date.

After the meeting, the minister called for continued monitoring of supply stocks and procurement programmes to maintain safe balances and product availability across Egypt’s governorates. He stressed coordination among agencies responsible for procurement, handling and storage, including quick responses to changing conditions. The instructions do not disclose new reserve levels: the ministry provided no commodity-by-commodity tonnage, coverage period, contract value or newly purchased amount. The reported development is the board’s review of reserves, procurement and grain-storage controls, alongside a direction to expand digital monitoring.