<s>
Anghami	B-Application
(	O
)	O
is	O
the	O
first	O
legal	O
music	O
streaming	O
platform	O
and	O
digital	O
distribution	O
company	O
in	O
the	O
Arab	O
world	O
.	O
</s>
<s>
Anghami	B-Application
is	O
one	O
of	O
the	O
largest	O
digital	O
music	O
ventures	O
in	O
the	O
Middle	O
East	O
,	O
seed	O
funded	O
by	O
MEVP	O
.	O
</s>
<s>
The	O
goal	O
of	O
Anghami	B-Application
was	O
to	O
reduce	O
music	B-Application
piracy	I-Application
in	O
the	O
Arab	O
world	O
.	O
</s>
<s>
Anghami	B-Application
was	O
founded	O
by	O
Eddy	O
Maroun	O
,	O
and	O
Elie	O
Habib	O
in	O
Lebanon	O
,	O
launched	O
initially	O
as	O
a	O
mobile	O
only	O
app	O
with	O
the	O
slogan	O
"	O
The	O
idea	O
is	O
that	O
everywhere	O
you	O
go	O
,	O
you	O
’ll	O
find	O
your	O
music	O
"	O
.	O
</s>
<s>
One	O
of	O
Anghami	B-Application
's	O
app	O
features	O
is	O
Dolby	O
Pulse	O
encoding	O
,	O
which	O
reduces	O
the	O
file	O
size	O
of	O
streamed	O
music	O
for	O
faster	O
and	O
reliable	O
online	O
streaming	O
when	O
the	O
internet	O
bandwidth	O
is	O
fluctuating	O
.	O
</s>
<s>
Anghami	B-Application
has	O
more	O
than	O
35	O
telecom	O
partners	O
.	O
</s>
<s>
Shortly	O
after	O
the	O
partnership	O
between	O
Anghami	B-Application
and	O
mobile	O
operators	O
in	O
MENA	O
has	O
been	O
agreed	O
few	O
months	O
after	O
launching	O
,	O
the	O
service	O
experienced	O
rapid	O
growth	O
with	O
1	O
million	O
registered	O
users	O
four	O
months	O
after	O
the	O
launch	O
.	O
</s>
<s>
However	O
,	O
the	O
next	O
million	O
was	O
reached	O
in	O
three	O
months	O
,	O
mainly	O
after	O
partnering	O
with	O
the	O
major	O
media	O
player	O
MBC	O
Group	O
Middle	O
East	O
Broadcasting	O
Center	O
that	O
featured	O
Anghami	B-Application
in	O
one	O
of	O
its	O
most	O
successful	O
TV	O
shows	O
Arab	O
Idol	O
.	O
</s>
<s>
In	O
2013	O
,	O
Anghami	B-Application
partnered	O
with	O
Facebook	B-Application
.	I-Application
</s>
<s>
By	O
2017	O
,	O
Anghami	B-Application
reached	O
30	O
million	O
listeners	O
,	O
with	O
75%	O
of	O
users	O
being	O
in	O
the	O
Arab	O
region	O
.	O
</s>
<s>
In	O
2019	O
,	O
Anghami	B-Application
's	O
founder	O
revealed	O
in	O
an	O
interview	O
that	O
Anghami	B-Application
has	O
21	O
million	O
monthly	O
active	O
users	O
and	O
1	O
million	O
paying	O
subscribers	O
.	O
</s>
<s>
In	O
March	O
2021	O
,	O
Anghami	B-Application
became	O
the	O
first	O
Arabic	O
technology	O
company	O
to	O
list	O
on	O
New	O
York	O
’s	O
Nasdaq	O
through	O
a	O
Special	O
Purpose	O
Acquisition	O
Company	O
(	O
SPAC	O
)	O
merger	O
with	O
Vistas	O
Media	O
Acquisition	O
Company	O
and	O
the	O
company	O
was	O
valued	O
at	O
between	O
$220	O
million	O
and	O
$230	O
million	O
.	O
</s>
<s>
In	O
August	O
2021	O
,	O
Anghami	B-Application
announced	O
plans	O
to	O
launch	O
a	O
new	O
hybrid	O
entertainment	O
venue	O
named	O
the	O
Anghami	B-Application
Lab	O
in	O
multiple	O
cities	O
worldwide	O
,	O
including	O
Dubai	O
,	O
Riyadh	O
,	O
Jeddah	O
,	O
Cairo	B-Language
,	O
Beirut	O
,	O
London	O
,	O
New	O
York	O
and	O
Los	O
Angeles	O
.	O
</s>
