Jacob receives great confirmation from the Lord that the promise still stands–God will make him a great nation, and he will be able to see his son again.
The reunion of father and son must have been a magnificent sight. I can’t imagine the emotion both of them must have felt. The father, thinking the son was dead for over 20 years. The son, being estranged from his family throughout all the roller coaster ride that was his life up to this point.
As for the people of Egypt, they do survive the famine, thanks to the wisdom of Joseph. They essentially give all they have to the government in exchange for food, but shoot, that was the only way they would make it.
This section ends with Jacob deciding to bless the younger rather than the elder son of Joseph. Reminds me of someone else… hm… Jacob.