That's really hilarious when you think about it. His "prize" was sort of a pre-emptive "award". When they awarded it to him, he hadn't done much of anything short of blowing a lot of hot air...
The Pharaoh had been president for only eight months at the time the 'award' was presented to him. The reason for the 'award' was "for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples."
Apparently by dropping bombs on them as in Libya and encouraging the Muslim Brotherhood to kill them as in Egypt and helping Ugandan Muslims 'remove from the field' Christians which was just announced this week.
All praise to The Pharaoh.