ANGHAMI INC

ANGHAMI INC

Anghami Inc is a United Arab Emirates based company that provides digital music entertainment technology platform in the Middle East and North Africa (MENA). The Company has catalog comprising more than 72 million songs and licensed content from Arabic labels, independent artists, and distributors, available for more than 75 million users. The Company also features music from the international labels such as Universal, Sony and Warner. The Company's services are available in English, Arabic and French. It has offices in Beirut, Dubai, Cairo and Riyadh and operates in 16 countries across MENA.

Stock Performance Snapshot

Average

Financial Health

Anghami is generating steady revenue and cash flow, but its overall financial health needs improvement.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring ANGH

Made in the UAE

Made in the UAE

The UAE is transforming from an oil-dependent economy into a diverse innovation hub. These carefully selected stocks represent companies at the forefront of this exciting growth story. Join this journey of economic transformation with promising investment potential.

Published: May 4, 2025

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Why You’ll Want to Watch This Stock

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Regional Streaming Growth

Rising smartphone and broadband adoption in MENA could support user and subscription growth, though actual uptake may vary and face competition.

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Local Content Advantage

A deep Arabic catalogue and regional partnerships can differentiate the service, but licensing costs and rival platforms remain challenges.

Profitability Path

Monetisation via subscriptions and ads offers upside, yet small market cap and uneven cash flow mean financial outcomes are uncertain.

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6% Interest on Cash

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