The channel was launched in 2008 under the name ON TV. At the time, the Egyptian businessman Naguib Sawiris (link to profile) owned the largest share of the channel. In May 2016, the Egyptian Media Group acquired the TV channel and renamed it to ON E.
Media Companies / Groups
Egyptian Media Group
ON E is owned by the Egyptian Media Group. The Egyptian Media Group has several shareholders: General Intelligence owns directly the majority of shares through their ownership of Eagle Capital; Mohamed Al-Amin owns 49% of Future Media Holding which holds an unknown amount of shares of Egyptian Media Company; Tamer Morsi owns 50% of SEnergy, which holds an unknown amount of shares of Egyptian Media Company; and Abu Ali owns 50% of Misr for Cinema, which holds an unknown amount of shares of Egyptian Media Company.
Naguib Sawiris, is a well-known businessman with a fortune of about $ 4 billion. Sawiris has significant investments in telecommunications, most notably Mobinil. Sawiris pumped investments in the media field by participating in the financing of Al-Masry A
Tamer Morsi, is one of the Egypt most prominent and successful TV drama producers, Morsi was appointed Chairman of the board of directors of the Egyptian Media Group in February 2018.
Revenue (in Mill. $)
Operating Profit (in Mill. $)
Advertising (in % of total funding)
There is no information available on the channel’s viewership. However, according to the latest report by Ipsos (2016), On E Channel is among the ten most popular channels.