Lebanese Founders of Anghami Get Featured On The Cover of Forbes

Lebanese founders of Anghami, Elie Habib and Eddy Maroun, are featured on the cover page of Forbes Middle East for the February 2017 edition. They were featured for the success of Anghami, an Arabic music streaming service. Anghami has grown into the largest Arabic music streaming service thanks to the hard work of its Lebanese founders, Elie and Eddy. Anghami offers mobile users the ability to stream or download offline unlimited Arabic and International music. They have exclusive premium music content from major label houses, both locally and internationally. The average number of streams per month is almost at half a billion.

Local labels:

 Rotana, Platinum Records, Mazzika, Melody etc.

International Labels:

 Universal, Sony, EMI, Warner etc. The average number of streams per month is almost at half a billion. There are over 20 million songs with 35 million active users. The app personalises the music experience to make it easier to find music you like. This is the breakdown of their users by location:

  • 11 million in the Gulf Countries (Saudi Arabia, Bahrain etc.)
  • 9.7 million in the Levant (Lebanon, Jordan, Syria etc.)
  • 15.9 million in North African countries (Algeria, Tunis etc.)

Eddy has over 10 years of experience working in the entertainment, music and mobile industry. Throughout his career, he has built close relationships with music labels and mobile operators, and enchanted audiences around the region with his keyboard. Elie is a tech guru who has launched several startups in the mobile space. He has vast experience heading and building large platforms to telcos and building strategic relationships with operators. In October 2012, Anghami singed an exclusive partnership with MBC Group, the Middle East’s #1 media group bringing the largest media exposure ever for a similar music service. Anghami is funded and supported by regional VC firm “Middle East Venture Partners” – leading the largest digital music investment ever in the Middle-East. Anghami, today, is the number 1 music platform in the MENA region with the largest catalogue. Anghami has all the right ingredients for a potential buy-out by a major company – possibly record labels or Spotify?

Source

: Anghami

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