Al Masry Al Youm
Al Masry Al Youm is one of Egypt leading newspapers with 80,000 copies distributed daily. An independent, liberal, and privately-owned Arabic-language daily newspaper, it was first published on 7 June 2004. It is one of the first Egyptian private newspapers to have flourished in the country in the early 2000. Introducing high-quality journalism and reclaiming the important of news, it has become one of the most popular Egyptian dailies.
Al Masry Al Youm belongs to Al Masry Establishment for Press, Printing and Publishing. It was founded by Salah Diab. Its Honorary President is Kamel Tawfiq Diab, Salah’s brother, who also provided financial and moral support to launch the daily. They are both grandchildren to Tawfiq Diab, a famous Egyptian publisher who launched several independent newspapers in the 1920’s, the most important of which was Al-Zaman newspaper.
The Board of Directors is headed by CEO Dr Abdel Moneim Said and counts a group of Egyptian businessmen, particularly billionaire Naguib Sawiris, Egyptian businessman and Dream TV founder Ahmed Bahgat and businessman and MP Akmal Kortam.
In April 2018, Al Masry Al Youm sacked its editor in chief Mohammed el-Sayyed Saleh after the presidential election coverage. The Supreme Council for Media Regulations (SCMR) fined the paper 150,000 Egyptian pounds (8,400 US Dollars) and demanded it publish an apology. Since then journalist Abdel Latif El Menawy has been appointed Editor-in-Chief and Saleh still contributes articles to the newspaper.
Known for its in-depth-coverage and investigations, Al Masry Al Youm relies on a network of correspondents in every Egyptian governorate, and at the international level. In addition to its printed newspaper, Al Masry Al Youm launched an online version. First a direct replication of the printed version, www.almasryalyoum.com it has evolved into a full-service multimedia news outlet in 2007. Two year later, it launched its English-language website (www.egyptindependent.com). The newspaper publishes its editorial policy on its website and it is the only newspaper with its independent print firm.
Audience Share
*16
Ownership Type
Private
Geographic Coverage
National
Content Type
Paid
Media Companies / Groups
Al Masry Establishment for Press, Printing and Publishing
Ownership Structure
Al Masry Al Youm belongs to Al Masry Establishment for Press, Printing and Publishing, a private Egyptian media organization established in 2003. Its board is headed by Kamel Tawfiq Diab and includes a number of prominent Egyptian businessmen.
Voting Rights
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Individual Owner
General Information
Founding Year
2004
Founder
Salah Diab, is one of the most prominent Egyptian businessmen and the CEO of Pico companies. Diab is the Chairman of the newspaper’s board and a prominent member of the liberal Al Wafd political party.
Ceo
Dr. Abdel Moneim Said, was the director of the Regional Center for Strategic Studies, a think tank focused on studying, analyzing and assessing the strategic nature of regional transformations in the Middle East after the Arab Spring.
Editor-In-Chief
Abdel Latif El Manawy, was the director of the Egyptian News Center until March 2011. He resigned after protests by hundreds of members of the Egyptian Radio and Television Union under the pretense of misleading the public in reporting the January 25 rev
Other Important People
Ahmed Bahgat,
is the CEO of Bahgat Group and owner of Dream TV Network.
Akmal Kortam,
is the head of the Al-Mohafezeen (The Conservative) party, Chairman of SAPESCO GCC and owners of Al Tharir Newspaper established after January revolution I Naguib Sawiris, Chairman of Orascom and founder of Mobinil, was a shareholder. In 2015, he announced his intention to sell his shares. Some sources state that he sold them to Salah Diab in 2017.
Contact
Financial Information
Revenue (in Mill. $)
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Operating Profit (in Mill. $)
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Advertising (in % of total funding)
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Market Share
Missing Data
Further Information
Meta Data
The audience share is an estimate based on the data obtained by Masrawy.
While the name of the registered company is officially Al-Masry Al-Youm for Journalism and Publication, it reads “Egyptian Press, Printing, Publishing and Advertising Foundation” in Arabic language.
Information about the Regional Center for Strategic Studies comes from its LinkedIn profile.
Information about El Menawy comes from his LinkedIn profile.
It is unclear whether Naguib Sawiris, Chairman of Orascom and founder of Mobinil, sold his shares to Salah Diab in 2017. Sources for this information are
