Popular Lebanese music streaming platform Anghami moving to Abu Dhabi
The Beirut-based company said they failed to attract investment in Lebanon amid the financial crisis.
The popular Lebanese music streaming service Anghami is moving its headquarters to Abu Dhabi.
Anghami co-founder Elie Habib said the financial crisis in Lebanon prohibited them from attracting investments and prompted them to leave.
“Over the past 2 years, we tried hard to bring more investment to Lebanon but to no ado,” Habib said in a lengthy Twitter thread.
Anghami is a free music streaming service with more than 70 million users. Its mission is to provide a “legal music alternative” that fairly compensates artists in the Middle East where piracy is rampant, according to the Anghami website.
