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Sunday, 23 February 2020

Egypt’s talk shows: AWB defendants cleared, GERD talks, Mideast peace plan

It was a mixed bag of nuts on the nation’s airwaves last night. President Abdel Fattah El Sisi’s sit-down with Ethiopia’s former prime minister and the acquittal of all defendants in the Al Watany Bank stock manipulation case were among the highlights.

Attorney alleges AWB case files were forged: A document submitted to court back when the insider trading case was first lodged in 2012 was found to be “forged” as some people were “deliberately” pushing the case due to post-2011 anti-Mubarak public sentiment, attorney Bahaa El Din Abu Shoka, who was one of the lawyers working the case, told El Hekaya’s Amr Adib (watch, runtime: 16:42). Alaa Mubarak referenced this document in a tweet yesterday. Abou Shoka alleged that the only authentic report on the sale of Al Watany Bank, which was the basis of charges brought against the defendants, showed no breaches of the Capital Markets Act. We recap the full story in this morning’s Speed Round, below.

GERD agreement to open prospects for trilateral cooperation, says El Sisi: The expected signing of an agreement on the rules of filling and operating the Grand Ethiopian Renaissance Dam (GERD) would “preserve the balance” and open prospects for cooperation, coordination, and development between Egypt, Ethiopia, and Sudan, El Sisi told Hailemariam Desalegn, who was the former Ethiopian prime minister and a special envoy to Prime Minister Abiy Ahmed, in Cairo yesterday. Among those taking note: Al Hayah Al Youm’s Lobna Assal (watch, runtime: 2:03), Masaa DMC’s Eman El Hosary (watch, runtime: 1:14), and Min Masr’s Reham Ibrahim (watch, runtime: 5:31). We have more in Diplomacy + Foreign Trade, below.

Amr Moussa talks GERD, Mideast peace plan: We should stay away from the ongoing GERD talks, and leave the government in the driving seat, former Arab League Secretary-General Amr Moussa said in a sit-down with Adib (watch, runtime: 1:43). Speaking on US President Donald Trump’s proposed Middle East peace plan, the one-time presidential candidate and veteran diplomat said it’s possible that the Palestinians will be forced to comply, but this will neither resolve the conflict nor give Israel legitimacy (watch, runtime: 1:32).

Former Egyptian health minister tapped as WHO advisor, joins committee to confront the coronavirus: The World Health Organization (WHO) has selected former Health Minister Maha El Rabat for a 6-member team to advise on policy to confront the covid-19 outbreak, Ibrahim reported (watch, runtime: 2:03).

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