Egyptian Media Group (EMG)
Egyptian Media Group (EMG), launched between 2016 and 2018 through a spree of acquisitions, commands a formidable media empire. It operates flagship television networks—including CBC, AlHayah, and ON—alongside five print publications, a digital video platform, and several advertising and marketing agencies.
Media assets
Print: Al Youm Al Sabea, Ain Al Mshaheer, Sout Al Ouma, Egypt Today, Business Today
Television: Al Hayah, ON E, ON Sport, CBC Egypt, CBC Drama, CBC Sofra, CBC Extra
Radio: Nile Radio Company (Mega FM, Nagham FM, Shabee FM, Radio Hits)
State Media Matrix Typology
Ownership and governance
EMG is wholly owned by Eagle Capital Financial Investments, a state-run investment arm tied to Egyptian intelligence. Initially founded by Ahmed Abu Hashima, a businessman with ties to the security services, Eagle Capital assumed full control in late 2017, acquiring Hashima’s stake.
The company maintains close coordination with state media authorities; a 2019 agreement with the National Media Authority (NMA) formalizes content-sharing and satellite channel collaboration.
As of mid‑2025, Tamer Morsi continues in his role as Chairman—a position he has held since February 2018—overseeing EMG’s vast media and production network.
Source of funding and budget
EMG does not publicly disclose its financials. However, according to media insiders interviewed in May 2024, the conglomerate enjoys significant state-backed financing routed through partnership agreements and coordinated content production deals with NMA. Multiple funding channels ensure EMG’s dominance in broadcast and digital sectors.
Editorial independence
Despite its commercial veneer, EMG remains editorially subservient to state interests. Management is staffed with individuals closely tied to the intelligence community, and news output consistently mirrors government perspectives. No independent oversight exists, and local journalists report that self-censorship prevails, with sensitive coverage—especially of dissent, security, or criticism—routinely suppressed.
July 2025