Dr. Hussein Issa, Egypt's Deputy Prime Minister for Economic Affairs, has continued his meetings to follow up on plans to restructure national press institutions. These efforts aim to enhance their financial sustainability and improve performance efficiency. The meetings are part of the directives of Prime Minister Dr. Mostafa Madbouli. Dr. Issa held separate meetings at the National Press Authority to discuss the status and plans of "Rose El Yusuf" and "Dar Al-Hilal" press institutions.

The meetings included comprehensive reviews of the institutions' situations, challenges, and proposed restructuring plans. Discussions focused on achieving financial balance, developing resources, and maximizing asset utilization. This aims to support their ability to fulfill financial obligations and continue their media, national, and societal roles efficiently. Attendees included Eng. Abdel Sadek Al-Shorbaji, head of the National Press Authority, and other key officials.

Dr. Hussein Issa emphasized the state's significant interest in promoting and developing national press institutions. These institutions are seen as essential platforms for awareness and enlightenment, representing a vital part of Egypt's history and national memory. They are also considered a key component of Egypt's soft power. The Deputy Prime Minister expressed his satisfaction with being part of this effort, highlighting the press institutions' role in enriching cultural and intellectual life in Egypt and the Arab world.

Dr. Issa pointed out that national press institutions have hosted generations of prominent journalists, thinkers, and opinion leaders. They have made significant contributions to national, cultural, and societal life. The Deputy Prime Minister stressed that preserving and developing these institutions is a priority. This would enable them to continue their media, journalistic, and enlightenment roles while maintaining their historical legacy and enhancing their ability to perform their national and societal duties.

The Deputy Prime Minister emphasized the importance of developing a comprehensive vision for restructuring and enhancing the financial sustainability of national press institutions. This involves preparing clear financial and operational plans for each institution. These plans should support achieving financial balance, improving performance, and optimizing asset utilization. Dr. Issa highlighted the need to link financial treatment with operational development to prevent future debt accumulation and enhance the institutions' ability to continue and develop.

Eng. Abdel Sadek Al-Shorbaji, head of the National Press Authority, thanked Dr. Hussein Issa for understanding the problems faced by press institutions. He highlighted the Authority's efforts in developing content, utilizing assets, and maximizing returns. These efforts include comprehensive programs for digital transformation, training, and improving performance. The Authority aims to enhance the role of local press and services, develop specialized supplements, and improve the digital presence of press institutions.

The meetings concluded with an emphasis on the importance of restructuring and development efforts. These efforts aim to build a sustainable model for national press institutions, combining financial treatment, restructuring, and improving operational efficiency. The goal is to enhance resource development, content development, and human resource investment. This would enable press institutions to continue their media, national, and societal roles effectively.

Key points

  • The Egyptian government is working to restructure national press institutions to enhance their financial sustainability and improve performance efficiency.
  • The restructuring efforts aim to preserve the historical legacy of national press institutions while enabling them to continue their media, national, and societal roles.
  • The government is committed to supporting national press institutions, recognizing their significant contributions to Egypt's cultural and intellectual life.

Share this story

Written by

SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.