Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Federal Reserve maintains interest rates    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    Egypt welcomes 25-nation statement urging end to Gaza war    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    58 days that exposed IMF's contradictions on Egypt    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Gamal Mubarak promises ''good news'' for nation''s farmers

At an iftar banquet held by the ruling National Democratic Party (NDP), Gamal Mubarak, NDP assistant secretary-general and son of President Hosni Mubarak, told representatives of the country's farmers that they could expect "good news" if the ruling party won big in upcoming parliamentary elections slated for November.
Mubarak said the party planned to submit proposals to parliament aimed at developing the local agricultural sector. “We would also raise the prices the government pays farmers for their crops,” he added.
The presidential scion explained that the agricultural sector currently failed to account for even 6 percent of the country's economic growth, a situation that warranted better planning. “We need to capitalize on the experiences of other countries,” he said.
“Farmers wanted to sell their products at global prices when those prices rose in 2008,” he said. “But the government had to consider the fact that consumers were not willing to pay global prices for local products.”
Mubarak went on to say that a new unified law on construction had been prepared to counter longstanding problems related to unlicensed structures erected on arable land.
“We worked on this law four years ago,” he said. “It's not true that the law does not favor farmers.”
Irrigation Minister Nasr Eddin Allam, for his part, said his ministry had managed to save some six billion cubic meters of water when the areas earmarked for rice cultivation were reduced. “This achieved equal distribution of water to farmers,” Allam said.
According to Agriculture Minister Amin Abaza, the government will buy rice from farmers this season at no less than LE1300 per ton. “Also, purchase prices for wheat will go up,” the minister said, adding that new prices would be announced in the first week of November.
“I have approved a proposal by the Social Solidarity Ministry to purchase 500,000 to 700,000 tons of corn this season at prices ranging between LE230 and LE250 per ton,” Abaza said.
Translated from the Arabic Edition.


Clic here to read the story from its source.