The paper was founded by an advertising agency, al-Bustenai, then-managed by Mussa Hassadiya. As of 2008 Hassadiya owns 40% of the paper, with the rest owned by Fayez and "a group of Israeli-Arab businessmen."[1] For a time Yedioth Ahronoth Group and Legal Tender Initiative each owned 25% of the paper, with Hassadiya and Shtiwi owning the other half. However, the two groups came into conflict, resulting in a court case in 2006 and Yediot and Legal Tender being bought out two years later.[1]