Egypt’s Prime Minister, Moustafa Madbouli, said on Saturday that developing and regulating wholesale markets is a cornerstone of the state’s strategy to ensure a steady flow of goods and maintain price stability.
Speaking during a visit to the Obour Wholesale Market, Madbouli met with the board of trustees, the Minister of Supply and Internal Trade, the Governor of Cairo, and various trade representatives.
He emphasised that these markets play a central role in shaping market dynamics and supporting efficient distribution systems.
The Prime Minister reiterated the government’s commitment to upgrading market infrastructure to improve consumer protection and market discipline.
Given its success as an integrated trading hub, the government aims to replicate the Obour Market model in governorates across the country.
Discussions centered on the market’s strategic role in agricultural trade, where supply and demand mechanisms provide transparent, daily pricing indicators.
Cabinet Spokesman Ambassador Mohamed el-Homosani stated that plans are underway to enhance governance, strengthen oversight, and expand logistical capabilities in coordination with relevant authorities.
The government’s broader vision involves increasing supply and intensifying monitoring efforts to curb unfair pricing.
Members of the Obour Market board affirmed their full support for these measures, pledging continued coordination with state institutions to combat monopolistic practices.
