1/16/2024 0 Comments Elyoum elsab![]() ![]() In July 2018, Egyptian Media Group announced the acquisition of the Al Hayah TV network, previously owned by the Falcon Group, which has relations with the military intelligence.The deal was announced by businessman Ahmed Abu Hashima (see below), who was then chairman of the Group. In May 2016, Egyptian Media Group acquired ON TV network, by buying 100% of the shares of Hawa Ltd owned by Naguib Sawiris.This extends the control of the EMG to the State-owned media sector, reinforcing the influence of the General Intelligence over the TV landscape in Egypt.īetween 20, the EMG concluded a dozen of deals that extended the General Intelligence influence over the privately-owned media landscape: In the TV sector : According to the deal, advertising rights will be upgraded and developed. The NMA and EMG also agreed to upgrade and develop content on the State-owned TV Channel 1 and Channel 2, as well as the Egyptian satellite channel Al-Masriya. It will be the first satellite TV which broadcasts throughout the Arab world aired through the Egyptian State-owned Nile Sat. Both organizations signed several protocols to launch a new satellite TV channel for the Arab region. It owns two TV networks (CBC and ON), five print outlets and their digital versions, a video platform (Dot Masr), seven companies in the advertising and marketing sector.ĮGM's most important deal was signed on 20 January 2019 with the National Media Authority. The group was probably founded in the beginning of 2016 by businessman Ahmed Abu Hashima (see below), known to be close to the security services.Īlthough little information is available about this group, Egyptian Media Group has become Egypt biggest media conglomerate between 20. The Egyptian Media Group is owned by Eagle Capital, a state-owned investment firm owned by the General Intelligence.
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