{"id":609125,"date":"2023-10-31T00:00:00","date_gmt":"2023-10-31T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/31\/last-nights-talk-shows-on-the-conflict-in-gaza-and-its-effect-on-egypts-economy\/"},"modified":"2023-10-31T00:00:00","modified_gmt":"2023-10-31T00:00:00","slug":"last-nights-talk-shows-on-the-conflict-in-gaza-and-its-effect-on-egypts-economy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/31\/last-nights-talk-shows-on-the-conflict-in-gaza-and-its-effect-on-egypts-economy\/","title":{"rendered":"Last Night\u2019s Talk Shows on the conflict in Gaza and its effect on Egypt\u2019s economy"},"content":{"rendered":"

Diplomatic and on-the-ground d<\/strong>evelopments in Gaza remained the fo<\/strong>cus of last<\/strong> night\u2019s talk shows<\/strong>, but some of the talking heads also explored the repercussions for Egypt\u2019s economy. <\/p>\n

The situation in Gaza:<\/strong> The nation\u2019s hosts continued to discuss Israel\u2019s seemingly indiscriminate war on Gaza and the mounting humanitarian crises facing its people, with Kelma Akhira focussing on 12 hospitals in the enclave that have been forced to close (watch, runtime: 6:34<\/a>). Al Hayah Al Youm discussed the deteriorating humanitarian situation in Gaza (watch, runtime: 15:12<\/a>), while Masaa DMC highlighted the hostage exchange that took place between Hamas and Israel (watch, runtime: 9:23<\/a>). <\/p>\n

What the Arab world can do:<\/strong> Palestinian National Initiative head Mustafa Barghouti told viewers on Kelma Akhira that Arab nations can support the Palestinian people by sending a joint Arab aid convoy into Gaza in the face of Israeli objections and threats and threaten to cease oil exports until the conflict in Gaza ends (watch, runtime: 8:03<\/a>).<\/p>\n

A<\/strong>rab Su<\/strong>mmit in KSA?<\/strong>Arab League Assistant Secretary-General Hossam Zaki called into Kelma Akhira to say that preparations are underway to hold an Arab summit in Saudi Arabia next month to discuss ending the war on Gaza (watch, runtime: 11:09<\/a>). Ala Masouleety also covered the potential summit (watch, runtime: 2:24<\/a>).<\/p>\n

How will the war affect oil prices<\/strong> and the Egyptian economy? <\/strong>Many of last night\u2019s hosts explored the repercussions of the war in Gaza on oil prices and the Egyptian economy, with economist Medhat Nafei telling El Hekaya that the local economy is expected to incur direct losses of between USD 2.6-3.6 bn this fiscal year because of the war. Every increase in oil prices costs the budget, he said, adding that our tourism industry will also witness losses of USD 723 mn this fiscal year due to the departure of more than 700k Israeli tourists from the country and exports will experience a USD 1.4 bn decline (watch, runtime: 3:02<\/a> | 3:14<\/a>). We have more about the repercussions of the war on our economy in the news well, above.<\/p>\n

Also on the airwaves last night:<\/strong><\/p>\n