Spotify Rival Anghami Skyrockets Over 80% in Nasdaq Debut

Shares of Anghami Inc soared more than 80 per cent in their Nasdaq debut on Friday following the Middle East and Northern Africa-focused music streaming platform’s $220 million merger with blank-check firm Vistas Media Acquisition Company The first Arab tech company to list on Nasdaq, Abu Dhabi-headquartered Anghami has more than 70 million registered users […]

Staff Writer February 07, 2022

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Shares of Anghami Inc soared more than 80 per cent in their Nasdaq debut on Friday following the Middle East and Northern Africa-focused music streaming platform’s $220 million merger with blank-check firm Vistas Media Acquisition Company

The first Arab tech company to list on Nasdaq, Abu Dhabi-headquartered Anghami has more than 70 million registered users and partnerships with Universal Music Group, Sony Music and Warner Music Group.

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