Last night’s talk shows covered an array of topics and saw the return of Lamees El Hadidi and Lobna Assal to the screen after a four-month hiatus (watch, runtime 1:42 and 3:28).
With the EGP weakening against the USD, where will the greenback land in 2025? “The moderate scenario suggests the USD could range between EGP 59 and 61.5 by the end of 2025,” economist Medhat Nafie said in an interview with Lamees El Hadidi (watch, runtime: 8:44). He added that a pessimistic scenario might see even higher rates, driving up prices and exacerbating economic challenges, while the optimistic outlook anticipates the USD settling at around EGP 55.
Nafie also predicted inflation could drop below 20% by the end of FY 2024-2025, hitting 16% by December 2025.
Customs and tax hikes on imported mobile phones also grabbed attention of the nation’s hosts, including Lamees El Hadidi (watch, runtime: 10:58) and Lobna Assal (watch, runtime: 4:34). We have more on this story in the news well above.
Amr Adib put a spotlight on the newly formed National Front Party, which has stirred controversy since its announcement last month. Adib hosted founding representative and former Housing Minister Assem El Gazzar, along with founding committee member Diaa Rashwan, head of the State Information Service (watch, runtime 51:05) to discuss the newly formed party.
“This party does not belong to any individual,” El Gazzar said, addressing concerns over Al Organi Group chairman, Ibrahim Al Organi’s financial backing. He explained that sponsorship from business men such as Al Organi, Yassin Mansour, Ayman El Gameel, or Kamel Abu Ali is meant to “give back to the state through community work.” He added that no party can survive on membership fees alone — it needs business funding to ensure its strength and sustainability.
“The National Front Party came out of a political scene that doesn’t resonate with most citizens, despite the abundance of parties,” El Gazzar said. Rashwan framed the party as a “product of the National Dialogue,” aimed at revitalizing Egyptian politics. He emphasized that Egypt’s political landscape has matured post-stabilization and clarified that the party has no plans to become the sole ruling party or form a government anytime soon.