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Music streaming service Anghami to set up global headquarters in Abu Dhabi's Hub71


“We are committed to providing support for technology companies, recognising that progress in this area unlocks opportunities across other sectors by bringing the fundamental capabilities and infrastructure that all industries will benefit from. We welcome big thinkers aligned with Abu Dhabi’s vision to advance innovation.”
Dubai investment banking firm Shuaa Capital invested an undisclosed amount as part of a new funding round in Anghami earlier this month.
The music streaming app, which started with an investment of $200,000 from its two founders in 2012, has raised more than $40 million from investors including venture capital firm Middle East Venture Partners and Samena Capital. It has a catalogue comprising more than 50 million songs and has offices in Beirut, Dubai, Cairo and Riyadh. ....

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