My write-up of the event is in Al Masry Al Youm. To sum up: The big surprise was that the Naguib Mahfouz Medal award went to “the revolutionary creativity of the Egyptian people” rather than to a novelist. Although this didn’t seem to come as a surprise to many. (The whole article.)
Someone did ask me how the $1,000 that typically comes with the award will be distributed equitably amongst Egypt’s 80 million.
Well, no mention was made of the $1,000. However, Mark Linz did say that the AUC Press will be dedicating 100,000LE to translation of Arabic novels.