Anghami Inc. (ANGH)

ABU DHABI, UAE, July 29, 2025 /PRNewswire/ -- Anghami Inc. (NASDAQ: ANGH) ("Anghami" or "the Company"), the leading multi-media streaming platform in the MENA region, today announces that it will implement a 1-for-10 reverse stock split of the Company's ordinary shares ("Reverse Stock Split"). The Company's ordinary shares are expected to begin trading on a split-adjusted basis when the markets open on August 4, 2025 under the Company's existing trading symbol "ANGH" with the new CUSIP number G0369L200.

Anghami Strengthens Regional Streaming Leadership with up to $55 Million Commitment from OSN Group ABU DHABI, UAE, Dec. 16, 2024 /PRNewswire/ -- Building on the success of their partnership, Anghami Inc. (NASDAQ: ANGH) has announced that it secured a significant new round of funding, from OSN Group of up to USD $55 million with a USD $12 million initial investment in a convertible note program. This investment represents a significant milestone in Anghami Inc.'s journey to redefine digital entertainment in the MENA region, further solidifying its position as the go-to destination for premium audio and video content.

ABU DHABI, UAE, Nov. 14, 2024 /PRNewswire/ -- Anghami (NASDAQ: ANGH), the leading multi-media streaming platform in the MENA region, announced substantial growth in user engagement and significant operational achievements, reinforcing its position as the region's premier entertainment destination. Strong Performance Metrics and Operational Excellence Anghami has achieved significant cost synergies, while simultaneously driving an 18% increase in Average Revenue Per User (ARPU) on the direct base.

BERLIN and DUBAI, UAE, Sept. 10, 2024 /PRNewswire/ --  castLabs , a global pioneer in premium digital video technology, is thrilled to announce that OSN+ , the MENA region's leading premium streaming service, has chosen the company's cloud digital rights management (DRM) licensing service – DRMtoday – to safeguard its extensive library of valuable content.

ABU DHABI, UAE, Sept. 4, 2024 /PRNewswire/ -- Anghami (NASDAQ: ANGH), the leading multi-media streaming platform in the MENA region, announced a 18.3% growth in its video streaming subscriber base and significant strategic developments following its recent transaction with OSN+.

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Anghami Files 2023 Annual Report and Announces 2024 Q1 Results, Highlighting 18% Growth in Subscribers and Significant Margin Improvement.

The transaction has received all required regulatory approvals for successful closure OSN Group's investment in Anghami gives it a majority stake at a valuation of $3.69 per share ABU DHABI, UAE, April 2, 2024 /PRNewswire/ -- Anghami Inc. (NASDAQ: ANGH) ("Anghami"), a leading music and entertainment streaming platform, and OSN+, a leading video streaming platform for premium content, today announced the successful completion of their landmark transaction after receiving all regulatory approvals. OSN Group has acquired 55.45% in Anghami, giving it a majority stake at a valuation of $3.69 per share, 1.9x the closing price of the stock on Thursday 28th of March.

RIYADH, Saudi Arabia--(BUSINESS WIRE)--Anghami and Rotana Renew Partnership and Expand Scope of Collaborations.

Today, Anghami announced preliminary results for its third quarter 2023 performance. The company delivered strong results in Q3 2023 compared to Q3 2022.

The combination of OSN+ and Anghami Inc. will be the first regional platform that provides video and music, backed by up to $50 million cash investment in Anghami and bringing together over 120 million registered users, 2.5+ million subscribers and $100+ million revenue at closing The OSN Group will invest in Anghami at a valuation of $3.65 per share, 3.9x the stock's average price for the past month ABU DHABI, UAE, Nov. 21, 2023 /PRNewswire/ -- In a milestone transaction set to reshape the MENA media and entertainment landscape, OSN+, the region's leading streaming platform for premium content and Anghami Inc. (NASDAQ: ANGH) ("Anghami"), the leading music and entertainment streaming platform in the Middle East and North Africa have announced a deal that will combine their businesses. A first of its kind in the region, the combination of the two local home-grown brands will offer consumers unprecedented digital aggregation of the best and latest in premium movies, TV shows, music, podcasts and more while providing a rich and seamless user experience.

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RIYADH, Saudi Arabia--(BUSINESS WIRE)--SRMG Ventures Announces Strategic Investment in Anghami, MENA's Leading Music and Entertainment Streaming Platform.

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Anghami Inc. (NASDAQ: ANGH) (the “Company” or “Anghami”), the leading streaming platform for music and entertainment in the Middle East and North Africa (MENA) region, has announced its unaudited preliminary results for Q1 2023, ending March 31, 2023. Despite facing currency-related challenges in Egypt and Lebanon, Anghami successfully achieved a Q1 2023 unaudited revenue of $10.2 million, representing a 6% increase compared to Q1 2022. On a constant currency basis, the increase would have been 12%, demonstrating Anghami’s ability to achieve strong growth despite challenging conditions in Egypt and Lebanon. By streamlining the technology backend, Anghami has been able to reduce technology costs while improving performance and scalability. Furthermore, the platform has optimized its marketing strategy by concentrating on growth channels with the highest retention rates. This approach has led to a remarkable improvement in brand visibility and customer engagement, while also significantly reducing overall marketing expenses. Anghami’s continued emphasis on efficiency and path to profitability led to a substantial increase in gross profit margin, increasing from 17% in Q1 2022 to 23% in Q1 2023, resulting in a significant $3.1 million improvement in EBITDA, a 60% improvement compared to Q1 2022. Anghami's achievements in Q1 2023 can be attributed to a 39% increase in revenue from direct subscriptions (non-telco) channels, a 16% growth in premium subscribers, and improved margins with content providers and telcos when compared to Q1 2022. Revenue from the advertisements segment also grew 10% in Q1 2023 compared to Q1 2022, a 32% increase when Q1 2022 advertisements revenue is adjusted for non-cash barter revenue. The revenue increase in the advertisements segment was driven by Anghami's leading freemium platform and Anghami's unique ability to leverage its wealth of user data, connections with artists, and technology to create highly engaging branded content. These accomplishments underscore the platform’s dedication to fostering sustainable growth and improving margins. As part of its ongoing commitment to increase the Average Revenue Per User (ARPU), Anghami plans to launch the Gold subscription plan in May 2023. This premium offering will feature innovative AI-generated services and several new features, and will coincide with the repricing of legacy telco plans to optimize revenue generation. Although the occurrence of the Holy month of Ramadan in Q1 2023 (which is usually characterized by slower business activity and much lower music consumption in the Middle East) affected certain revenue streams and growth prospects, particularly within the Live Events segment, Anghami's overall performance demonstrates its ability to surmount challenges and deliver significant business improvements. Eddy Maroun, Anghami CEO, remarked, "Our team's exceptional execution in the face of bottlenecks and currency devaluation has culminated in a highly efficient period. Building on Q1 2023’s strong performance, the momentum continues in April 2023 which already shows record growth in revenue in both Subscriptions and Advertisements segments." Elie Habib, Anghami Chairman & CTO, added, "We are eager to continue enhancing efficiency, delivering higher margins, and innovating with our upcoming Gold subscription plan, laying the foundation for a prosperous 2023." On May 16, 2023, Anghami submitted its annual report, including audited financials, for the fiscal year ended December 31, 2022, to the United States Securities and Exchange Commission (SEC) through Form 20-F. The complete annual report can be accessed on Anghami's website: https://www.anghami.com/investors. Continuing its commitment to enhancing margins, Anghami remains dedicated to leveraging the momentum gained from its focus on efficiency throughout 2023. Cautionary Statement Regarding Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Anghami’s actual results may differ from its expectations, estimates, and projections and, consequently, you should not rely as predictions of future events. About Anghami Inc. The leading music streaming technology platform in the Arab world. To learn: https://anghami.com/investors *Source: AETOSWire

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Anghami Inc. (NASDAQ: ANGH), the leading streaming platform for music and entertainment in the Middle East and North Africa, has announced its unaudited preliminary results for the year 2022. Anghami recorded a robust financial performance in 2022, with total revenue of $48.1 million, reflecting an increase of 35.6% compared to 2021, despite an unfavorable impact of foreign currency exchange rates. Anghami also experienced a growth in its total paying subscribers, reaching 1.52 million subscribers, representing a 21% increase year-on-year. Additionally, the number of music streams increased by 20% compared to 2021, highlighting the strong demand for Anghami's content, especially with Arabic music representing 60% of Anghami’s streams. According to Eddy Maroun, CEO and co-founder: "Our ability to provide an exceptional user experience and to deliver the best music and entertainment content in the MENA region and beyond is reflected in our strong financial performance in 2022." Anghami's focus on efficiency and profitability in the second half of 2022 resulted in a significant improvement in gross margin across all business segments. Elie Habib, Chairman and co-founder, commented: "The unaudited gross profit margin from paid subscriptions and ad-supported users improved by 13 percentage points in H2 over H1 2022. Also, starting in May 2023, we plan to launch new services that leverage our unique user knowledge and our deep technology credentials." Anghami continues to grow as an entertainment platform, investing in consumer business, content creation, advertising and payment infrastructure. Anghami also has deep knowledge in customer conversion and has recently launched verticals such as Anghami Studios, a full fledge content production arm; Vibe Music Arabia, a Joint Venture with Sony Music; Spotlight Live, an events management business; and Anghami Lab, a music lounge with artist performances in Riyadh. Anghami aims to achieve profitability in 2023 by building on the momentum of efficiency, as reflected in its improvement in gross margins. Working with its auditor Grant Thornton, Anghami expects to release its audited full year 2022 financial results by April 15, 2023. Anghami will be presenting to select investors at the EFG Hermes investor conference “The 17th One-on-One Conference 2023” at Atlantis, The Palm Dubai on March 8, 2023. About Anghami Inc. The leading music streaming technology platform in the Middle East and North Africa, Anghami is the go-to destination for Arabic and international music, podcasts, and entertainment. To learn more about Anghami, please visit: https://anghami.com/investors *Source: AETOSWire

RIYADH, KSA--(BUSINESS WIRE)--Anghami, the leading music and entertainment streaming platform in the Middle East and North Africa (MENA) region, has launched an innovative new entertainment venue in Riyadh with a totally unique concept: a lounge, stage and studio offering an epic blend of good vibes, live performances, and original music. A rooftop with a twist, Anghami Lab is a partnership between Anghami and Addmind, the region’s market leader in hospitality. Fusing Arabic and international music and cuisine, Anghami Lab will feature a trendy and buzzing lounge for socializing with friends as well as a stage for live music performances from the region’s top talents. It will also act as a platform for producers, artists, and music enthusiasts to co-create. The venue will also host hologram-based shows featuring timeless performances by the region’s top celebrities to add a whole new dimension to the experience. The expertly crafted menu offers unique Mediterranean flavors, and an exotic selection of mocktails and beverages served by world-class bartenders and mixologists, bringing the best of music and culinary talent under one first-of-its-kind creative rooftop. Eddy Maroun, Co-Founder and CEO of Anghami, says: “Our first real-world Anghami stage in Saudi Arabia underlines our commitment to delivering the best possible experiences for our ever-growing regional and international audiences. We hope our first-of-its-kind entertainment destination mirrors the unique experience Anghami fans get from the app. We believe Anghami Lab is a true reflection of the exciting, vibrant, and modern face of Riyadh.” “Bringing the Anghami music experience into the real world in one of the most beautiful spots on the city skyline is quite an exciting milestone which we’re thrilled to see come to life. This is just the beginning of our long-term plans with Anghami as we strongly believe in creating synergies between the online and the offline entertainment worlds,” adds Tony Habre, CEO of Addmind. According to Nada Al Tuwaijri, Co-Founder and CEO of Merwas: “Anghami Lab is a perfect partner for Merwas, which is the largest entertainment factory in the Arab world designed to enable and empower Saudi talents to leave a global imprint. Merwas - which is situated in Boulevard Riyadh City and is one of the 15 entertainment zones in Riyadh Season - boasts 22 international studios and state of the art facilities that will kick off growing Arab talents alongside Anghami Lab.” Ahmed AlRasheed, Managing Director of Anghami in Saudi Arabia, comments: “Anghami Lab brings a fresh and exciting addition to Riyadh’s burgeoning music scene, through which we aim to further help and support local talents, building on the momentum we have generated through our “Sound of Saudi” TikTok talent hunt. Not only is this a bright new venue for established and up-and-coming talents, but it also offers a tasteful menu and a world-class music recording facility, all behind Riyadh’s most rocking rooftop.” Anghami Lab blends Arabic and Western music, culture, and cuisine. As the sun sets, guests can enjoy oriental deep house, then a variety of live performances featuring mashups of Arabic and Western music. As the night draws to a close, the Lab’s resident and guest DJs will deliver Arabic Pop and International hits. In addition to exceptional music performances and a modern menu, the Lab also includes a fully-fledged recording studio. Occupying a 5,000 square meter space at Boulevard Riyadh City, Anghami Lab is part of one of 15 entertainment zones that feature the winter-long entertainment and sports festival, Riyadh Season. “The space combines style, class and comfort with entertainment technology, warm hospitality, and a definite feel-good vibe. We can’t wait to welcome everyone to our first real-world venue, in this breathtaking city hotspot,” adds Maroun. Riyadh’s new rooftop destination is now open. Join us for a one-of-a-kind experience. For more info and booking enquiries visit: http://anghamilab.com Download the app here: www.anghami.com About Anghami Inc. The first, most-established and fastest-growing music technology platform in the Middle East and North Africa region, Anghami is the go-to destination for Arabic and international music, podcasts, and entertainment. With an extensive ecosystem of music, podcasts, events and more, Anghami provides the tools for anyone to create, curate and share their voice with the world. Launched in 2012, Anghami was the first music-streaming platform in MENA to digitize the region’s music. Today, it has the largest catalog comprising 72 million songs and licensed content from leading Arabic labels, independent artists, and distributors, available for 75 million registered users. Anghami has established 40+ telco partnerships to facilitate subscriptions and customer acquisitions, in parallel to building long-term relationships with, and featuring music from, major music labels including Universal Music Group, Sony Music Entertainment, Warner Music Group and the Merlin Network. Anghami is constantly licensing and producing new and original content. Headquartered in Abu Dhabi, Anghami has offices in Beirut, Dubai, Cairo, and Riyadh and operates in 16 countries across MENA. It has recently expanded into the US and Canada, with Europe in the pipeline. It is the only service available in English, Arabic and French, and remains close to its customer base, not only thanks to its pan-regional presence but also via the 56 million user data points it generates every day. To learn more about Anghami, please visit: https://anghami.com Forward-looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Anghami’s actual results may differ from its expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “start,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Anghami’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the impact of COVID-19 on Anghami’s business; the outcome of any legal proceedings that may be instituted against Anghami; changes in applicable laws or regulations; and the possibility that Anghami may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties identified in Anghami’s registration statement on Form F-4 (File No. 333-260234) filed with the U.S. Securities and Exchange Commission (the “SEC”), which was declared effective on December 16, 2021, including those under “Risk Factors” therein, and in other documents filed or to be filed with the SEC by Anghami and available at the SEC’s website at www.sec.gov. Anghami cautions that the foregoing list of factors is not exclusive. Anghami cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, Anghami does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.