The Net Worth of Abu Anghami 1.4 70m 220m

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If you’re interested in the net worth of Abu Anghami 1.4 70m 220m, then you’ve come to the right place. We’ve taken a look at his personal financial situation, as well as his business ventures.

Founded by two entrepreneurs from the Middle East, Anghami is a multimedia empire. 

In addition to ad-supported music streaming, it provides licensed content from major Arabic labels. Anghami is available in multiple countries in the region, including the UAE, Morocco, Tunisia, Egypt, Lebanon, Jordan, Iraq, and Algeria.

Anghami’s net worth

Anghami is a Middle Eastern music streaming service that has a great number of users. They have a huge library of songs that are available to stream anytime you want. The service also offers exclusive features that allow you to listen to music from different regions. In addition, 

Services 

the service has a very simple and user-friendly interface. And, best of all, they have a budget-friendly subscription plan that is ideal for those who are looking for a high-quality streaming service.

Abu Anghami is the founder of Anghami

 a popular music service in the Middle East. He is also an investor and a philanthropist. His primary source of income is from his investment company. 

But he is also a philanthropist who supports a variety of healthcare and education initiatives in the Arab world.

Abu Anghami is not only an entrepreneur; he is also a great motivator and family man. He believes that the internet is a force for good in the world. As such, he donates money to help build schools for disadvantaged communities in the UAE. Additionally, he also helps low-income families with scholarships.

 Among his other businesses are a luxury car dealership and a construction company. So, what does Anghami mean for the music industry in the Middle East?

Anghami is a revolutionary streaming platform that has been heralded as a game-changer for the Middle Eastern music industry. It allows Middle Eastern artists to reach a broader audience and gives major Middle Eastern labels another distribution platform. 

 Budget-friendly subscription plan 

Abu Anghami 1.4 70m 220m features include personalized music recommendations, playlist creation, and a budget-friendly subscription plan. Whether you are a music lover or a songwriter, Anghami has something for you.

  • Anghami is available in a number of countries in the Middle East. With a large library and a convenient interface, the service is easy to use and is perfect for any musical taste.
  •  Plus, the company’s budget-friendly plans make it a viable option for aspiring musicians. 

If you’re interested in the Anghami experience, you can sign up for the service through their website or app.

 

The Anghami platform was launched in 2012

Anghami was launched in 2012. Initially, it was an ad-supported music service. But, later, it expanded to include a premium subscription plan, allowing users to access the Anghami services for a fee. With the help of a subscription,

Anghami has managed to grow to over 70 million users.

Anghami is now a powerful music streaming platform that allows Middle Eastern artists to gain a larger audience. 

Moreover, Anghami also offers aspiring musicians the opportunity to earn money. Moreover, Anghami has a vast library of music that covers a wide range of genres. Among other features, Anghami offers user-friendly playlist creation and offline mode.

Anghami’s music streaming service

Anghami is a Middle East music streaming service that launched in 2012. It has a subscription model with free and paid tiers. The paid tier offers ad-free music and higher-quality audio.

1. Accept payment in the form of Bitcoin

Anghami is the first company in the region to accept payment in the form of Bitcoin. This is a digital currency, which enables users to control their money using a cryptographic system.

  1. Anghami is owned by a group of investors. 
  2. They include media companies and venture capital firms. In 2011, Anghami raised its first funding round. Eddy Maroun and Elie Habib are the co-founders.
  3. Anghami is the largest music streaming service in the Middle East and North Africa region. It has over 20 million users per month, and it boasts a catalog of 57 million songs.

 It has a focus on Arabic music but also has a large library of international music. Anghami is one of the few music services to accept payment in the form of Bitcoin,

a new digital currency that allows for peer-to-peer payments.

2. Range of international and Arabic songs

The music company has signed partnerships with many of the world’s leading labels. Anghami also produces original content under the label Anghami Originals.

  1.  As well as offering a wide range of international and Arabic songs, it also features podcasts and other types of content made in the region.
  2. Anghami is also one of the few online businesses in the region that accepts payment in the form of Bitcoin. However, the technology is still in its early stages.

3. Several major MENA countries are represented

Anghami has a presence in several major MENA countries, including the UAE, Egypt, Morocco, Jordan, and Tunisia. In addition, the company has strategic partnerships with a number of other key players in the entertainment industry.

  1. In the last quarter of 2017, Anghami’s total subscribers increased to more than six million
  2. The company is the largest Arabic music streaming service in the region. 
  3. Its user base is expected to grow to 70 million by the end of Q1 in 2021.

Anghami is currently backed by a number of MENA venture capital firms and strategic shareholders. Anghami’s Pro-forma enterprise value is estimated at $220 million.

Anghami’s radio station Anghami 90’s

Anghami is a streaming service that aims to serve the needs of people in the Middle East and North Africa (MENA). Founded by Eddy Maroun and Elie Habib in November 2012, it’s been a part of the changing music industry of the region.

The app allows you to access a massive library of songs. According to Abu Anghami 1.4 70m 220m, the music company has over 57 million tracks, which includes over 30 million songs in Arabic. It’s also got a library of over 400 thousand podcasts. Using Anghami can help you discover new artists and listen to songs you’d never heard of before.

  • Anghami has an in-house radio station, which you can listen to on iOS and Android. It’s a social audio experience that features side chats and text comments. You can also invite friends to join the party and be a part of the Live Radio experience.
  • Anghami is a great way to listen to music, especially if you’re looking for a way to listen to Arabic music. It has millions of songs to choose from, including the latest releases. Plus, Anghami has some interesting features you may not know about.
  • For instance, the company’s Music Radar helps you recognize and discover songs that are playing around you. Besides, you can also listen to official music videos using Anghami.

Anghami also provides access to its library of over 57 million tracks. This gives users a lot of variety, from songs in Arabic to international hits. In addition, the service has partnerships with major international labels. Moreover, it’s the first legal streaming service in the MENA region.

Anghami also offers an ad-free subscription plan

Another feature of the Anghami desktop app is its ability to upload your own music. Not only will you get to share your songs with others, but you can also play them offline. 

  • Anghami’s desktop app will even give you access to a live radio station.
  • Anghami also offers an ad-free subscription plan. 
  • You can sign up for a free account, but if you’re interested in downloading songs or watching the lyrics of your favorite tracks, you’ll need to upgrade.
  • Anghami’s Desktop App also has access to its libraries of songs from all over the world.
  •  Plus, it also has licensing agreements with thousands of independent labels.

Anghami’s business ventures

Anghami’s business ventures are focused on Arabic music distribution. Abu Anghami 1.4 70m 220m company provides unlimited access to international music for listeners in the Middle East and North Africa. Its technology and R&D center is located in Abu Dhabi.

 The company has also launched “Live Radio,” 

which allows users to interact with one another in real time. Also, the company offers high-quality music videos for free.

  • The company plans to expand its entertainment division. It has a sponsorship deal with the Middle Eastern version of the television show The Voice. In addition, it has signed licensing agreements with thousands of independent labels.
  • The company has offices in several Middle East countries. Additionally, Anghami is supported by the Abu Dhabi Investment Office. As part of its Innovation Program, the office helped Anghami develop a technology and R&D center in Abu Dhabi.
  • Anghami’s stock is trading on NASDAQ. It will be the first Arab technology company listed on the US exchange. Investors are backing the company, including Saudi Arabian investors.
  • Anghami also has a number of strategic partnerships with leading players in the entertainment industry. These include a joint venture label with Sony Music Middle East.

Anghami also has partnered with Vibe Music Arabia, an investment platform that invests in emerging artists from the Levant. They have also formed licensing agreements with many of the world’s leading labels.

Arabic Music Repertoire

Anghami is also expanding its in-house production capabilities. This includes the creation of the “Arabic music repertoire” and the “Live Radio” program. Currently, the company has over one billion streams of songs each month.

  • Anghami will continue to operate under the management of its co-founders, Eddy Maroun and Elie Habib. 
  • While Maroun will remain the CEO of the company, Habib will continue to serve as the CTO.
  • Anghami will list on the Nasdaq stock market and is backed by a range of strategic investors
  • . These include leading MENA venture capital firms. Furthermore, the company is supported by the state-run Abu Dhabi Investment Office.

The company expects its revenues to grow fivefold over the next three years.

Conclusion

Anghami is one of the most popular streaming services in the Middle East. It offers users an easy-to-use interface, allowing them to discover new music and create playlists. Besides, Anghami is also available in various languages, such as German and French.

Abu Anghami is a music-streaming app that has a huge library of over 120 million songs. The service allows users to listen to their favorite songs for free or opt for a subscription. 

This subscription includes ad-free listening. Moreover, it offers a variety of exclusive features, such as personalized recommendations.

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