Future Group Holding
Future Media Holding is one of the leading media entities in Egypt. It was established in 2011 by Egyptian businessman Mohamed Al-Amin who headed it until 2018, when the Egyptian Media Group acquired 51% of it. As such, producer Tamer Morsi, the Chairman and Managing Director of the Egyptian Media Group, became the Chairman of Future Media.
Future Media includes Future Media for advertising, Capital Broadcasting Center (CBC) and Arab News Agency (ANA).
On May 24, 2016, CBC and Al Nahar TV announced their merger to reduce the expenses of both networks and expend to the Arabian Gulf.
The merger was under the umbrella of a holding company of 6 companies: Trenta (the owner of Al Nahar TV), Media Line Agency, Al Nahar Advertising agency, Capital Broadcasting Center (CBC), Future Media Company, Act Company and Results Company. But in May 2017, the merger was ended "because of the difference in visions, channel management policies and media companies”.
Mother Company
Egyptian Media Group
Business Form
Private/ Public
Legal Form
Joint Stock Company
Business Sectors
Future Media Holding operates in media representation, TV broadcast, advertising, online publishing and marketing.
Individual Owner
Other TV Outlets
CBC Egypt
CBC Drama
CBC Sofra
Other Online Outlets
Almentor.net
Media Business
Media Representation
TV broadcast
Advertising
Digital Publishing and Marketing
General Information
Founding Year
2011
Founder
Mohamed Al-Amin
Affiliated Interests Founder
Mohamed Al-Amin belongs to the board of General Intelligence linked Egyptian Media Group through their recent acquisition of CBC Group shareholding. An engineer, Al-Amin returned from Kuwait in the early 2000s and began investing in local media post-2011. He acquired Youm7 newspaper, CBC Group and Al Watan. He also established Amer Group with business mogul Mansour Amer and is known to be close to former President Hosni Mubarak political circles. He is said to have coordinated several meetings with businessmen for Sisi, and was one of the main donors to the Tahya Masr fund.
Employees
Over 1,000 employees
Contact
Tax/ ID Number
Missing Data
Financial Information
Revenue (Financial Data/ Optional)
Missing Data
Operating Profit (in Mill. $)
Missing Data
Advertising (in % of total funding)
Missing Data
Management
Executive Board
Tamer Morsi (Chairman)
Tamer Morsi has been appointed as the head of the Egyptian Media Group in 2018. A well-known drama producer and owner of Synergy for artistic production and advertising, that has become part of the Egyptian Media Grouup. Morsi concluded acquisition deals of Al Hayah and CBC channels.
Non-Executive Board
Missing Data
Supervisory Board
Missing Data
Other Influential People
Dalia Khorshid
The former investment minister and chairman of Eagle Capital, Khorshid appointed Tamer Morsi as chairman of the board.
