Elie Habib and Eddy Maroun

Co-founders, Anghami

Origin: Lebanese

Residence: UAE

Sector: Culture and Society

From humble beginnings in Lebanon, Anghami has grown into a thriving business with 1.52 million paying subscribers in 2022 and $48.1m in unaudited revenues, up 35.6 per cent compared to 2021. 

Anghami partnered with Mashreq Bank in October 2022 to give the bank’s clients in the UAE free access to Anghami Plus for up to 12 months. The partnership will also deliver exclusive regional content through podcasts and bespoke music creation. The streaming platform has 47 telco partnerships to facilitate acquisition and subscription payments. Its catalogue has more than 75 million Arabic and international songs and around 100,000 podcasts.

Anghami has grown its verticals since its listing on Nasdaq to include Anghami Studios, Vibe Music Arabia, Spotlight Live and Anghami Lab. In addition, its streaming service recently expanded into the US, Canada and Europe, adding to the 16 countries it already serves in the MENA.