Egyptian Deputy Prime Minister Hussein Issa, who is also the Minister of Economic Affairs, recently held meetings with the National Press Authority to discuss the restructuring of state-owned media outlets. The meetings were part of the government's efforts to revive and develop these institutions, which have been facing financial challenges. Issa was accompanied by Abdul Sadek El-Shorbaji, the head of the National Press Authority.
The meetings focused on reviewing the current situation of Rose El-Youssef and Dar El-Hilal, two prominent state-owned media outlets. The discussions covered the challenges facing these institutions, their operational plans, and proposed visions for restructuring. The goal is to achieve financial sustainability, improve performance efficiency, and enhance their media and national roles.
Deputy Prime Minister Issa emphasized the government's commitment to supporting and developing state-owned media outlets. He highlighted their importance as platforms for awareness and enlightenment, as well as their role in shaping public opinion. Issa also acknowledged the significant contributions of these institutions to Egypt's cultural and intellectual life.
The meetings were attended by several officials, including Alaa Thabet, the Deputy Head of the National Press Authority, and Mrowe El-Sisi, the Authority's General Secretary. Also present were Hamdy Rizk, a member of the National Press Authority, and Heba Sadek, the Chairperson of Rose El-Youssef, and Omar Sami, the Chairperson of Dar El-Hilal.
Issa stressed the need for a comprehensive vision to restructure these institutions, focusing on financial sustainability and improved performance. He emphasized the importance of maximizing the utilization of available assets and resources, as well as exploring new opportunities for growth and development. The Deputy Prime Minister also highlighted the significance of cooperation between the government and the National Press Authority.
The National Press Authority has been working to settle the debts of state-owned media outlets with commercial banks and is also cooperating with the Ministry of Finance and the Egyptian Social Security Authority to settle historical debts. The Authority is also focused on developing the content of these institutions, enhancing their digital presence, and improving their competitiveness.
The meetings concluded with an agreement to continue working together to develop a sustainable model for state-owned media outlets, combining financial restructuring with improved performance and resource utilization. The goal is to ensure the long-term sustainability of these institutions, enabling them to continue playing their vital role in Egyptian society.
Key points
- The Egyptian government is committed to supporting and developing state-owned media outlets to ensure their long-term sustainability.
- The restructuring efforts aim to achieve financial sustainability, improve performance efficiency, and enhance the media and national roles of these institutions.
- The National Press Authority is working to settle the debts of state-owned media outlets and develop their content, digital presence, and competitiveness.
