Dr. Sherif Farouk was appointed Egypt’s Minister of Supply and Internal Trade in July 2024. A seasoned financial executive with over 30 years of banking and structural reform experience, he previously served as Chairman of the National Postal Authority (Egypt Post) starting in 2020 and as CEO of Nasser Social Bank. Under his leadership, the ministry has aggressively prioritised national food security and market regulation, signing a strategic food security MoU with the World Food Programme in March 2026, and rolling out strict consumer protection measures under Ministerial Directive No. 5 in August 2026 to stabilise bread prices. Farouk is currently accelerating the Carry On project to digitally transform and standardise 40,000 retail and ration outlets nationwide, while advancing international logistics partnerships to establish Egypt as a global trading hub for grains and edible oils.