Al Shorouk
Al Shorouk is one of Egypt leading print outlets. Its distribution is estimated around 7,800 daily copies. A private, independent, Arabic-language, and liberal-oriented newspaper, Al Shorouk was first issued in February 2009 by the Egyptian Company for Arab and International Publishing, one of the companies of Shorouk Group headed by engineer Ibrahim Al-Moallem.
Along with Al-Masry Al-Youm, Al Shorouk represented a qualitative leap in the private and independent journalism industry in Egypt. They both contributed to improving professional journalism standards in conveying facts and critical thinking.
In parallel to Al Shorouk daily, Shorouk Group launched an electronic version to provide online news content. The website and the newspaper feed each other with content, readers' contributions.
Egyptian businessman Ahmad Heikal, the founder of Citadel Capital Group, bought 58.51 percent of Dar Al Shorouk, while Al-Moallem retained the management rights (no information on the date of the transaction could be found). Ibrahim Al-Moallem remains the chairman of the newspaper. Members of the editorial board include prominent journalist Gamil Mattar and co-founder Hassan Al-Mestekawi. The writer and publisher Amr Khafagy was its first editor in chief. Journalist Emad El Deen Hussein is the current newspaper’s editor in chief. Hussein worked in his early years as editor and correspondent for several Egyptian and regional newspapers and spent ten years in the United Arab Emirates (UAE) as a journalist in Al Bayan newspaper before returning to Egypt. Upon his return, he worked as the managing editor of Al Shorouk, was appointed executive editor in chief, and finally editor in chief on 9 June 2016.
Audience Share
*1.6
Ownership Type
Private
Geographic Coverage
National
Content Type
Paid
Media Companies / Groups
Egyptian Company for Arab and International Publishing
Ownership Structure
Al Shorouk belongs to Egyptian Company for Arab and International Publishing and ts owned by Ibrahim Al-Moallem and Tanweer company, which is one of Qalaa Holdings company. Ahmed Heikal is the owner of Qalaa Holdings.
Voting Rights
Missing Data
Individual Owner
General Information
Founding Year
2008
Founder
Ibrahim Al-Moallem, The publisher and businessman Ibrahim Al-Moallem heads the board of Al-Shorouk institution. He is a well-known publisher who has previously held several positions, including the president of the Egyptian Publishers' Association, afte
Ceo
Ibrahim Al-Moallem, see above.
Editor-In-Chief
Emad El Deen Hussein, is a well known Egyptian journalist who worked in his early years as an editor then as a reporter for several Egyptian and regional newspapers. He setteled for ten years in the UAE as a journalist in Al Bayan newspaper before retur
Other Important People
Ahmed Heikal,
is an Egyptian businessman, founder of the Citadel Capital Group and the son of late journalist Mohamed Hassanein Heikal.
Sherif El Moallem,
is the publisher and the delegated member of Al Shorouk newspaper and the son of the chairman of Dar Al Shorouk, Ibrahim El Moallem.
Contact
Financial Information
Revenue (in Mill. $)
Missing Data
Operating Profit (in Mill. $)
Missing Data
Advertising (in % of total funding)
Missing Data
Market Share
Missing Data
Further Information
Meta Data
The audience share is an estimate based on the data obtained by Masrawy.
