The new group of channels will include two existing ones.
The Supreme Council for Media Regulation has issued a statement calling on TV channels to abide by Egyptian values.
Saud al-Qahtani, a senior adviser to Saudi Crown Prince Mohammed bin Salman, called the piracy charges "baseless" and "unfounded".
The council members view the decision as non-disruptive to the openness of sessions, which are attended by attorneys, plaintiffs, and defendants.
The Parliament’s sessions on the maritime demarcation accord with Saudi Arabia will be broadcast live on TV.