On a calmer than usual night on the airwaves, two topics took over. El Hekayah’s Amr Adib had a lot to say about Fitch Ratings upgrading our credit rating to B and he interviewed an expert to weigh in on Egypt hosting Hamas and Fatah representatives yesterday.

Adib’s two cents: “Egypt is currently catching its breath after an extremely difficult period that saw FX shortages, power outages, and market and budget problems,” Adib said (watch, runtime: 23:51), and emphasized that “the next eight months will be decisive for the economy.” Our improved credit rating by Fitch Ratings indicates that “we’re on the right track.

What went down at the negotiations table yesterday? Hamas and Fatah representatives came together in Cairo yesterday for Egypt-led discussions aimed at bringing the two rival groups closer. “Saturday, November 2, 2024, was different from what we've seen over the past year of aggression on Gaza,” Command and Staff College advisor Osama Mahmoud told Adib (watch, runtime: 8:56). The Egyptian-hosted meetings resulted in an agreement between representatives of both movements to form a committee responsible for managing Gaza after the Israeli war ends, Mahmoud said.

** We have more on both stories in the news well, above.

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