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Reporters without borders

The Egyptian Company for Press, Publication and Advertising

The Egyptian Company for Press, Publishing and Advertising is the owner of Al youm Al Sabea (Youm7) newspaper and its website. The company was most likely established in conjunction with the newspaper in 2008. Since 2018, the company belongs to the Egyptian Media Group, headed by Tamer Morsi, a drama producer and owner of Synergy for artistic production and advertising.

The ownership of the Egyptian Company for Press, Publishing and Advertising changed more than once, although the MOM team was not able to retrieve precise information about these changes. But in 2012, the two businessmen, Ahmed Abu Hashima - the former Chairman of the Egyptian Media Group - and Alaa El-Kahki – the owner of Al Nahar Channels, acquired some of the shares, after Mohamed Al-Amin and business man Suleiman Amer withdrew.

In December 2017, the investment company Eagle Capital announced that it had acquired Hashima’s shares in the Egyptian Media Group and thus became an owner of the Egyptian Company for Press, Publishing and Advertising. 

Key facts

Mother Company

The Egyptian Media Group

Business Form

Private

Legal Form

Joint Stock Company

Business Sectors

Egyptian Company for Press, Publishing and Advertising operates in the print media sector.

Ownership

Individual Owner

Media Outlets
Other Media Outlets

Other Print Outlets

Al Youm Al Sabea (Youm7)

Other Online Outlets

Al Youm Al Sabea (Youm7)

Facts

General Information

Founding Year

2008

Founder

Waleed Moustafa

Employees

Missing Data

Contact

Missing Data

Tax/ ID Number

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Financial Information

Revenue (Financial Data/ Optional)

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Operating Profit (in Mill. $)

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Advertising (in % of total funding)

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Management

Executive Board

Dalia Khorshid (CEO)
Dalia Khorshid was appointed Minister of Investment in 2016 and was overthrown by a cabinet reshuffle in February 2017. In March 2017, Khorshid married the central bank governor Tareq Amer. In December 2017, Dalia Khorshid started issuing statements as the chairman of Eagle Capital which is owned by the General Intelligence. Khorshid has extensive experience in the private sector, where she held the position of CEO of Orascom Construction Holding before becoming the Minster of Investment. She also worked at the Commercial International Bank and served as Vice President of Citibank for 8 years. In 2005, she moved to work for Orascom Construction, as a financial policy officer in the Sawiris family's economic group, and held several positions until she became executive director.

Non-Executive Board

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Supervisory Board

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  •  
    Reporters without borders
  • Funded by
    BMZ