Overview:
Egypt's government continues advancing major urban development initiatives while managing domestic agricultural pressures and labour market reforms. The cabinet met today to monitor Ras Al-Hikma city construction phases with Emirati partners. Separately, the farmers' union chairman warned that producers face economic hardship despite increased output, citing price collapses that force sales at losses. The Ministry of Labour clarified protections for occupational safety professionals under new workplace regulations.
Details:
Prime Minister Mustafa Madbouli convened a session to review Ras Al-Hikma project implementation, attended by Housing Minister Randah Al-Menshawi, Deputy Housing Minister Walid Abbas, and Jasem Al-Zaabi, chairman of Abu Dhabi's Finance Department and head of the Emirati Moden Holding group. The government confirmed commitment to providing supporting infrastructure and coordinating implementation across all phases.
Hussein Abdel Rahman Abu Saddam, chairman of the Farmers Syndicate, stated on air that Egyptian cultivators operate under severe economic strain, with rising production paradoxically triggering price declines that generate losses. He called for three types of state support, urging urgent dialogue between officials and farm representatives.
Minister of Labour Hassan Raddad directed clarification of occupational safety regulations issued under Ministerial Decree No. 249 for 2026, ensuring worker stability and creating youth employment pathways in this expanding sector. The directive confirmed that prior qualifications and experience would be recognised.
Outlook:
Analysts observe whether Ras Al-Hikma construction maintains schedule and attracts private capital inflow. Agricultural policy makers face mounting pressure to design subsidy mechanisms or market interventions that protect farmers' margins while maintaining consumer price stability.
SEO_DESCRIPTION:
Prime Minister Madbouli held a follow-up session on Ras Al-Hikma city projects today alongside Housing Minister Randah Al-Menshawi and Emirati Finance chief Jasem Al-Zaabi to ensure infrastructure readiness and coordinate implementation phases.