Strategic move emphasizes Anghami’s commitment
to providing exclusive and original Arabic content to users around
the world.
Amr Diab’s extensive collection of hits under
his own label Nay and all upcoming audio & video releases will
be made available Exclusively for free on Anghami in a multi-year
deal.
Amr Diab, the Global Arab megastar and all-time best-selling
Middle Eastern artist, is moving exclusively to Anghami.
Anghami Inc. (“Anghami”) (NASDAQ: ANGH) the leading music
streaming and entertainment platform in the Middle East and North
Africa (MENA), announced today an exclusive partnership that will
see the legendary Arab singer’s entire Nay Label audio and video
catalog and future releases available only on Anghami.
Amr Diab, the most streamed Arab singer across the world, is
Anghami’s #1 artist, with close to 1 billion streams. This
strategic move, which aims to further differentiate Anghami’s vast
selection of music and podcasts, will now allow fans to enjoy Amr
Diab’s extensive collection of own label hits as well as future
albums and music videos, exclusively on Anghami, at no charge.
The announcement comes just weeks after Anghami’s historic
listing on the US Nasdaq Stock Market, in which Anghami became the
first Arab tech company to become a publicly traded company. With
the acquisition of Nay’s existing repertoire, as well as all of Amr
Diab’s upcoming releases, Anghami will strengthen its position as
the ultimate destination for lovers of the megastar’s unique
composing style and melodic voice – attributes that have taken him
to the top of the charts and made him one of the only Arab artists
to reach international fame, with his hits performed and loved all
around the world. The deal marks the start of a long and strategic
partnership between both parties.
“I am very excited about this new venture, which will allow me
to better connect with my fans and reach new music lovers around
the world. I chose Anghami because it’s a local platform that has
made it internationally and is proudly showcasing Arab culture to
the world. I share Anghami’s vision in developing strong local
talent and making their voice heard globally,” said Amr Diab. “This
partnership doesn’t stop here – it is the beginning of a much
bigger strategic collaboration with Anghami; together we will make
some noise!” continues Amr Diab.
“Anghami provides its users with an extensive ecosystem of
music, videos, podcasts, events and more – it also empowers
creators to curate and share their voice with the world. We feel
both privileged and honored to partner up with the one and only
global Arab megastar Amr Diab and reward fans with his wealth of
own label and future music, now available exclusively on Anghami.
We are committed to providing the best and unique experience to our
users and to supporting the local creator community to unlock its
full potential, allowing Arabic content to reach the world,” said
Eddy Maroun, Co-Founder and Chief Executive Officer of Anghami. “We
will continue to invest in original and exclusive content,” he
added.
“We want to provide our users around the world with the best
content, and, in addition to offering all international music and
podcasts, we are committed to leading on Arabic content and taking
it to the global stage. Signing a multi-year exclusive license
agreement with the top Arabic star is only the beginning of our
commitment. Amr Diab’s audio and video content will not be
accessible on any other streaming platform, and will be made
available only for Anghami users for free,” said Mary Ghobrial,
Anghami’s Chief Strategy and Operations Officer.
Amr Diab has achieved wide acclaim by creating a unique style
that has been termed ‘Mediterranean music’ due to its blend of
Western and Egyptian rhythms. As a result, he has become extremely
popular throughout the Mediterranean as well as the MENA region.
Acknowledged as the first Arab and Middle Eastern artist to start
producing high quality music videos, Diab became the first Egyptian
and Middle Eastern performer to have a number one hit on the
Billboard World Albums Charts.
To listen to Amr Diab’s extensive Nay Label audio and video
catalog and all upcoming releases for free, download the Anghami
app now.
About Anghami Inc.
The first, most established and fastest-growing music technology
platform in the Middle East and North Africa region, Anghami is the
go-to destination for Arabic and International music and
entertainment, creating artists, and connecting people. With its
extensive eco-system of music, podcasts, events and more, Anghami
provides the tools for anyone to create, curate and share their
voice with the world.
Launched in 2012, Anghami was the first music-streaming platform
in MENA to digitize the region’s music. Today, it has the largest
catalog comprising 72 million songs and licensed content from
leading Arabic labels, independent artists, and distributors,
available for 75 million registered users. Anghami has established
40+ Telco partnerships to facilitate subscriptions and customer
acquisitions, in parallel to building long-term relationships with
and featuring music from major music labels including Universal
Music Group, Sony Music Entertainment, Warner Music Group and the
Merlin Network and is constantly licensing and producing new and
original content. Headquartered in Abu Dhabi, Anghami has offices
in Beirut, Dubai, Cairo, and Riyadh and operates in 16 countries
across MENA and has recently expanded into the US and Canada, with
Europe in the pipeline. It is the only service available in
English, Arabic and French, and remains close to its customer base,
not only thanks to its pan-regional presence but also via the 56
million user data points it generates every day.
To learn more about Anghami, please visit:
https://anghami.com
Forward-looking Statements
This press release includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. Anghami’s actual
results may differ from its expectations, estimates, and
projections and, consequently, you should not rely on these
forward-looking statements as predictions of future events. Words
such as “expect,” “estimate,” “start,” “project,” “budget,”
“forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,”
“should,” “believes,” “predicts,” “potential,” “continue,” and
similar expressions (or the negative versions of such words or
expressions) are intended to identify such forward-looking
statements. These forward-looking statements involve significant
risks and uncertainties that could cause the actual results to
differ materially from those discussed in the forward-looking
statements. Most of these factors are outside Anghami’s control and
are difficult to predict. Factors that may cause such differences
include, but are not limited to: the impact of COVID-19 on
Anghami’s business; the outcome of any legal proceedings that may
be instituted against Anghami; changes in applicable laws or
regulations; and the possibility that Anghami may be adversely
affected by other economic, business, and/or competitive factors;
and other risks and uncertainties identified in Anghami’s
registration statement on Form F-4 (File No. 333-260234) filed with
the U.S. Securities and Exchange Commission (the “SEC”), which was
declared effective on December 16, 2021, including those under
“Risk Factors” therein, and in other documents filed or to be filed
with the SEC by Anghami and available at the SEC’s website at
www.sec.gov. Anghami cautions that the foregoing list of factors is
not exclusive. Anghami cautions readers not to place undue reliance
upon any forward-looking statements, which speak only as of the
date made. Except as required by law, Anghami does not undertake or
accept any obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements to reflect
any change in its expectations or any change in events, conditions,
or circumstances on which any such statement is based.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220224005637/en/
Rami Chmaysani, ASDA'A BCW +971.582941154 /
Rami.Chmaysani@bcw-global.com
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