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Abou Hashima's Egyptian Media acquires 50% of Egypt for Cinema - Daily News Egypt

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Abou Hashima’s Egyptian Media acquires 50% of Egypt for Cinema

Egyptian Media plans to inject new investments into the company to produce films and TV shows


The Egyptian Media Company, owned by Egyptian businessman Ahmed Abou Hashima, announced that it signed on Monday an acquisition contract to acquire 50% of the production company Egypt for Cinema.

The move comes within the framework of Abou Hashima’s ambitious plan to push Egyptian cinema and TV series and restore Egypt’s prominent position in film.

Abou Hashima has agreed with producer Kamel Abu Ali, the owner of Egypt for Cinema, to produce new movies and TV series to revive the field, particularly after its recent decline following the 25 January Revolution.

The new contract aims to provide new capital to produce new work and encourage the film industry in order to “deliver Egypt’s real image to the world”.

Abou Hashima recently purchased ONTV and ONLIVE with the aim of developing the two channels and expanding his business in Egypt’s media industry.

Abou Hashima owns a majority stake in Al-Youm Al-Sabaa newspaper. He also acquired 51% of Presentation Advertising Agency which broadcasts Egyptian football league matches.

Egypt for Cinema has already begun production of films and TV drama series, Abou Hashima announced earlier.

During a meeting with employees of ONTV channel on Sunday, Abou Hashima said he targets to acquire the top spot among Egyptian TV channels.

He added that the aim of development is to create a media entity that provides competitive ideas and programmes, in addition to using modern technology and production techniques.

“New studios will be established and equipped with several programmes to produce good content in the Egyptian media,” Abou Hashima added.

Regarding the channel’s news section, he said that this sector will be developed and supported significantly. He also suggested the possibility of signing cooperation protocols and exchanging content deals with local or international media organisations as well as recruiting new talent.

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    As these GCC countries are fully depends on the other countries to Survive, But the BigProblem with GCC countries – sponsoring the GlobalTerrorism from the CrudeOil Money.

    Osama BinLadin’s Step brother Terrrorist 911Ali SalimAl Owais2611 was try toKILL NarendraModi but fail to do so since 2003, now Uae,Oman Teerorist Sucking leakingPenis of Narendra Modi, ModijiOfIndia, Sikh SalmanOfSaudi & Sikh Khalifa OfUae proposes SultanaQaboos OfOman to Marry but she got married to Iran.

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  • Omani

    USA,China called the GCC countries their Terrorist Allys, at same time the Daesh,AlQueda, Paki&Afghan Terririst Groups are created&Sponsor by CrudeOil money from GCC countries.

    USA,China must analyze who is their allys, how can they destroy the Terrorism, AS the AlQueda&ISIS commondos are from GccMilitary.

    Communist countries China&Russia & Other countries are buying Crude oil from GCC countries “oil for Food” agreement.

    As these GCC countries are fully depends on the other countries to Survive, But the BigProblem with GCC countries – sponsoring the GlobalTerrorism from the CrudeOil Money.

    Osama BinLadin’s Step brother Terrrorist 911Ali SalimAl Owais2611 was try toKILL NarendraModi but fail to do so since 2003, now Uae,Oman Teerorist Sucking leakingPenis of Narendra Modi, ModijiOfIndia, Sikh SalmanOfSaudi & Sikh Khalifa OfUae proposes SultanaQaboos OfOman to Marry but she got married to Iran.

    Osama BinLadin’s Step brother Ali SalimAl Owais Act of Terrrorist has Destroyed Iraq, Syria, libya, Afghanistan & Yemen and many more, Millions of Arabs migrted to Europe&Asia for the food & shelter, many arab females become the owner of the Europeans, they raped&destoyed them.

    GCC’s plociy to getPregnant from communistNationals of China&Russia with Gcc Girls&Womens, GCC want bright national for theFuture, GCC nationalAre Lame, so the each&Every work done byExpat so the FuuckingOf Gcc’s Womesn&Girls by communistNationals of China&Russia are HoldsValid.

  • Kuwaiti

    USA(Donald Trump) & China want halt US oil purchases from Saudi Arabia, due to GCC’s Terrorist activities across the world.

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    GCC’s Trend&culture is Terrorising the Whole ManKind, due to this Whole world is closing the doors for Teerorist GCC’s National, As USA&Europe is already as GCC Nationals not to enter their countries.

    Osama BinLadin’s Step brother UaeTerrrorist 911Ali SalimAl Owais was Etisalat’s President involve in sponsoring the TeeroristActivities in Pak&Afghan against India, Etisalat has sacked 911Ali SalimAl Owais in 2004 for his TeeroristActivities, now 911Ali SalimAl Owais is hiding in the SharjahMunicipalty(B’eeah) as cleaningHead, he is still running the Pepsi& Drug business in Uae&Oman.

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https://www.dailynewsegypt.com/2016/06/06/abou-hashimas-egyptian-media-acquires-50-egypt-cinema/
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