ANGHW

Anghami Inc. operates a leading music and entertainment streaming platform serving the Middle East and North Africa (MENA) region. Headquartered in Abu Dhabi, United Arab Emirates, the company provides unlimited access to a catalog of over 72 million songs, podcasts, and other audio content in Arabic, English, and multiple other languages. Anghami's platform combines music streaming with social features, allowing users to create playlists, follow artists, and share content. The company operates on a freemium business model, generating revenue through premium subscriptions and advertising. With more than 120 million registered users, Anghami maintains a significant presence across 23 countries in the MENA region. The platform offers both free ad-supported access and paid subscription tiers that provide offline listening and ad-free experiences. In February 2022, Anghami became the first Arab technology company to list on the NASDAQ stock exchange through a merger with a special purpose acquisition company (SPAC). The company has expanded beyond music streaming into live events, original content production, and partnerships with telecommunications providers and automotive manufacturers. Anghami faces competition from global platforms like Spotify and Apple Music but maintains competitive advantages through its extensive Arabic music library, localized content, and deep regional market knowledge.