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Monday, 13 March 2017

Aswat Masriya closing down due to lack of funding

Aswat Masriya to shut down: Thomson Reuters announced that its Egyptian news platform Aswat Masriya will close due to lack of continued financing. The website was launched following the 2011 uprising in Egypt, in the run-up to the country’s presidential and parliamentary elections. "Since 2015 Aswat Masriya has been registered as an Egyptian company. The Aswat Masriya team have been kept consistently informed of the financial challenges and latest developments. The process has been completely transparent and compliant with Egyptian law,” Monique Villa, CEO of the Thomson Reuters Foundation, said.

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