Much like the rest of the domestic press yesterday, the airwaves were saturated with coverage of the World Youth Forum that President Abdel Fattah El Sisi inaugurated in Sharm El Sheikh last night. These included:

• Kol Youm’s Amr Adib piled on the praise, saying the event gave Egypt the opportunity to show itself in a different light, particularly since recent terror attacks have painted a negative picture (watch, runtime 3:37).
• Hona Al Asema’s correspondent in Sharm El Sheikh gave Lamees Al Hadidi a rundown of the forum’s agenda, including the topics that will be tackled at each of the sessions — including using demographics to achieve economic development, immigration, and artificial intelligence (watch, runtime 4:46).
• Yahduth fi Masr’s Sherif Amer, who set up shop in Sharm El Sheikh, talked to the forum’s general coordinator, Amr Essam about the preparations that went into the event. The Foreign Ministry played a key role in the lead-up by promoting the event abroad.
• Masaa’ DMC, meanwhile, dedicated the majority of last night’s episode to a livestream of the conference (watch, runtime 4:42).

Meanwhile, Saudi writer Saleh Al Zahran phoned in to give Lamees an insider’s take on the arrests of several Saudi princes and current and former cabinet ministers as part of the kingdom’s ‘crackdown on corruption.’ Al Zahran said that the assets currently under investigation are valued at a total of SAR 2 tn (watch, runtime 10:21). Maybe good for a down payment on Neom?

The host looked at how the EGX was hit yesterday by fallout from the purge in KSA. The impact has naturally hit companies with business ties to Saudi officials swept by Crown Prince Mohamed bin Salman’s power move, said Osoul Brokerage’s Managing Director Ehab Saeed, who told Lamees that Talaat Moustafa Group Holding had the biggest effect on the bourse’s overall performance. Baraka Bank’s shares took the biggest hit since Saudi Sheikh Saleh Kamel — who was among those arrested —owns 73% of the bank (watch, runtime 3:06).

Lamees also spoke to Khattar Abu Diab, a professor of international politics at Université Paris-Sud for a rundown on what’s up with Saudi Arabia, Lebanon and Turkey (watch, runtime 6:00).