Elie Habib and Eddy Maroun | Gulf Business
  • العربية

35. Elie Habib and Eddy Maroun

Co-founders Anghami

Origin: Lebanon

Residence: UAE

Sector: culture and society

2024 Rank: 33

Founded in Beirut in 2012 by Elie Habib and Eddy Maroun, Anghami has evolved into the leading music and video streaming platform in MENA, with over 70 million users worldwide.

Known as the “Spotify of the Middle East,” it operates on a freemium model, offering millions of Arabic and international tracks alongside premium subscription options.

In 2024, Habib and Maroun were part of Anghami’s $50m merger with OSN+, bringing together over 100 million songs and 18,000 hours of video content. Since the merger, video subscriber numbers rose 18.3 per cent, boosted by partnerships with Noon, Mobily, and exclusive Warner Bros. Discovery content.

Nasdaq-listed Anghami, now majority-owned by OSN Group, continues to dominate the region’s digital entertainment landscape under their leadership.

 

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