Abstract: The US-mediated meetings between Egypt, Ethiopia, and Sudan will chart the future of the three countries for decades. In April 2011 Ethiopia launched the GERD project, disregarding its significant repercussions on Egypt’s water sources, electricity generation capacity, soil fertility and salinity, agricultural production and GNI levels. The historical enmity and charges exchanged between both countries have fueled a decade of contention that have now recently amounted to verbal threats. The first round of US-brokered negotiations was held on December 9, in which Egypt maintained her proposal to receive 40 BCM instead of a nominal 55 BCM every year and asked to keep the water level in the Aswan High Dam at 165 meters above sea level. Ethiopia continues to reject these demands, but some progress has been achieved. The second and third rounds of negotiations will reveal the arrangements for possible solutions, alternative water sources for Egypt, and means to ease the upcoming catastrophe. This paper examines GERD repercussions on Egypt and possible scenarios that could be addressed in the upcoming rounds. Desalination, alternative approaches to electricity generation, and new lines of an agricultural policy will mark a new phase of public policies, along with modifying the technical specification of GERD to follow a realistic estimate of electricity generation based on the Nile’s mean water flow.