AFRICA

Sawiris' offshore holdings keep Euronews afloat

Sawiris' holdings behind TV channel Euronews.
Sawiris' holdings behind TV channel Euronews. © Africa Intelligence / Indigo Publications - 2021
TV news channel Euronews is not in great shape, particularly after the failed sale of Africanews. The European Commission plans to reduce its subsidy and the various loans from majority stakeholder Naguib Sawiris have not been enough to make the company self-sufficient. [...] (549 words)
Issue dated 08/03/2021 Reading time 3 minutes
This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading
e-wallet

from EUR/USD 50

Only buy articles you are interested in

ANNUAL SUBSCRIPTION

Unlimited access to the website

See our rates

Do you want a free trial before subscribing?


Create your free account

Further reading

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!