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A busy night on the airwaves after a busy news day: The nation’s talking heads gave us a bit of everything, wrapping up a busy week with a fact check of rumors over remittances and today’s peace summit dor Sudan.
It’s business as usual for remittances: Banks continue to disburse remittances from abroad in the same currency in which they were sent, the Egyptian Banking Federation said in a release seen by Masa’a DMC (watch, runtime: 1:11). The statement came following rumors that banks are forcing beneficiaries of remittances to convert the money received into EGP.
REMEMBER- Remittances from Egyptians abroad fell 10% to USD 28.3 bn last year as people sold FX on the black market or held onto it in expectation of a further EGP devaluation, according to a World Bank report. They are set to rebound this year as the number of Egyptians working abroad picks up following the covid-19 pandemic.
The talk shows sang the praises of the Egyptian efforts to resolve the conflict in Sudan starting with a peacemaking summit of Sudan’s neighbors scheduled for later today. This summit is the ”key to resolving the crisis,” strategist Samir Farag told Salet El Tahrir (watch, runtime: 23:04), highlighting the strong relationship between the two countries. Farag is expecting the summit to result in a ceasefire and to bring the Sudanese Armed Forces and paramilitary Rapid Support Forces back to the negotiating table. Al Hayah Al Youm (watch, runtime: 13:19) and Masa’a DMC (watch, runtime: 12:38) both interviewed Sudanese professionals who voiced the Sudanese nation’s appreciation for Egyptian efforts to resolve the conflict.
Ration cards aren’t going anywhere: A prepaid, unified ration card that will also cover services like health ins. and postal services will not replace the existing ration card, Assistant Supply Minister Ibrahim Ashmawy said during an interview with Sherif Amer on Yahduth Fi Masr (watch, runtime: 10:26). The prepaid card is optional for beneficiaries and will be used alongside ration cards, he said. Masa’a DMC (watch, runtime: 3:04) also had coverage.
AND- Another presidential candidate unveiled: The Republican People’s Party has nominated Chairman Hazem Omar to enter the 2024 presidential election. Ala Mas’ouleety had coverage (watch, runtime: 5:18).
