Streaming Service Anghami Selects Abu Dhabi for its Global Headquarters

Music streaming service Anghami plans to set up its global headquarters in Abu Dhabi. The new HQ will include a research and development centre.

Under a partnership with Abu Dhabi Investment Office (ADIO), Anghami will receive financial and non-financial incentives set up its new HQ at Hub71 – Abu Dhabi’s global tech ecosystem. The partnership is part of ADIO’s recently announced $545 million Innovation Programme.

Benefits

As Anghami looks to grow its streaming platform, the company will benefit from access to capital, local talent, an R&D support network, and advanced infrastructure. At Hub71, Anghami will plug into a community of innovative tech start-ups as it develops pioneering technologies and solutions.

His Excellency Dr. Tariq Bin Hendi, Director General of ADIO, said: “We’re excited to partner with Anghami and bring an industry pioneer with a track record of growth – and the opportunity for further growth – to Abu Dhabi. We welcome big thinkers aligned with Abu Dhabi’s vision to advance innovation.”

“Abu Dhabi was a natural choice for our new global headquarters and R&D centre,” said Co-founder Eddy Maroun. “The commitment to supporting innovation, the access to a deep pool of talent and the advanced infrastructure all make it ideally suited to our requirements.”

New Chapter

Established in Lebanon in 2012, Anghami was the first music streaming platform in the MENA region. It offers more than 50 million songs to more than 70 million users. Anghami has offices in Beirut, Dubai, Cairo and Riyadh.

Co-founder Elie Habib said: “We’re excited for this new chapter in Anghami’s journey.” He described Abu Dhabi as “one of the most vibrant cities in the Middle East”.

Anghami will help nurture talent through mentorship initiatives with the local start-up community. It will also run fellowships for Emirati computer science and engineering graduates. Asset management and investment banking platform Shuaa Capital invested in the company earlier this month.

Also read: Streaming Service Anghami Secures Cash Injection to Boost Growth