UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2024
Commission File Number: 001-41263
Anghami Inc.
(Exact name of registrant as specified in its
charter)
16th Floor, Al-Khatem Tower, WeWork Hub71
Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, United Arab Emirates
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form
40-F ☐
Press Release
On November 14, 2024, Anghami Inc. issued a press
release.
A copy of the press release is furnished as Exhibit
99.1 to this Form 6-K and incorporated by reference herein.
EXHIBIT INDEX
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.
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ANGHAMI INC. |
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Date: November 14, 2024 |
By: |
/s/ Elias Habib |
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Name: |
Elias Habib |
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Title: |
Chief Executive Officer |
2
Exhibit 99.1
Anghami Delivers Strong Growth Across Video and Music Service in
2024 with 28% Growth in Streaming Engagement
Abu Dhabi, UAE – November 14, 2024 – Anghami (NASDAQ: ANGH),
the leading multi-media streaming platform in the MENA region, announced substantial growth in user engagement and significant operational
achievements, reinforcing its position as the region’s premier entertainment destination.
Strong Performance Metrics and Operational Excellence
Anghami has achieved significant cost synergies, while simultaneously
driving an 18% increase in Average Revenue Per User (ARPU) on the direct base. Video streaming engagement has shown exceptional momentum,
with total hours watched surging by 28% during January-September 2024 compared to the same period in 2023.
Elie Habib, CEO of Anghami & OSN+, commented, “Our
strong performance this quarter, marked by an 18% ARPU increase on direct subscribers and 28% growth in streaming engagement,
showcases the success of our integrated entertainment strategy. Through premium content expansion across both video and music, as
well as technical innovation like DolbyVision and DolbyAtmos, we’re elevating how the MENA region experiences digital
entertainment.”
Strategic Initiatives Driving Growth
OSN+ growth strategy encompasses several key initiatives:
Technical Innovation and Enhanced User Experience
| ● | Implementation of sophisticated improvements in the AI recommendation engine, particularly for new users, resulting in a 20%
engagement increase. |
| ● | Leading the region’s streaming technology with the introduction of DolbyVision and DolbyAtmos, as the first local service
to offer these premium viewing experiences. |
| ● | Launch of a pioneering Apple Vision Pro application in collaboration with Apple coinciding with the UAE release. |
| ● | Expansion of 4K premium payment options through major regional telcos including STC KSA, Mobily KSA, DU UAE, and Etisalat UAE. |
Game-Changing Value Tier Launch: Revolutionizing content accessibility
with our new Standard with Ads package, unlocking premium entertainment for a broader audience while maintaining our signature high-quality
streaming experience. This strategic move opens new revenue streams while democratizing access to our extensive content library.
Content Excellence and Future Programming
Strong performance from premium content including “The Penguin”
starring Colin Farrell and “FROM” Season 4 have paved the way for an exciting upcoming slate:
| ● | “The Day of the Jackal” starring Eddie Redmayne, premiering November 15, is a high-stakes thriller that weaves suspense
and precision into a riveting story of espionage and assassination. |
| ● | “Dune: Prophecy” series, launching November 18, delivers a grand, immersive journey into the Dune universe, filled
with epic landscapes, intricate political intrigue, and deep-rooted prophecy. |
| ● | “The Fashionista” series, launching in early 2025, OSN+’s first original drama-comedy mini-series shot in Kuwait
and explore social media fame. |
Arabic Content Innovation
In a groundbreaking move for regional entertainment, OSN+ introduces
first-ever Arabic dubbing of prestigious series:
| ● | “Succession” starring Brian Cox is a gripping portrayal of a power-hungry family with razor-sharp wit and intense,
ruthless dynamics. |
| ● | “Big Little Lies” starring Nicole Kidman, Reese Witherspoon, and Shailene Woodley explores a scandalous web of secrets,
delivered with layered suspense and raw emotional depth. |
| ● | “The Undoing” starring Nicole Kidman and Hugh Grant is a sophisticated, polished thriller that keeps viewers on edge
with its tense and unpredictable story. |
| ● | “The Night Of” starring John Turturro offers a gritty, haunting look into the criminal justice system, blending atmosphere
and thought-provoking drama. |
Music and Cultural Leadership
On the music front, Anghami continues to strengthen its music and cultural
offerings:
| ● | Extension of Amr Diab’s music catalog, with three major concerts scheduled by April 2025 in Cairo, Amman and Abu
Dhabi. |
| ● | Collaboration with Saudi Arabia’s Ministry of Culture for the Cultural Talent Tournament between January and July 2024 supporting
the Kingdom’s vision in discovering and developing musical talents. |
| ● | Launch of “Sajjel,” the Arab world’s first podcast competition, in partnership with the Literature, Publishing and Translation
Commission. |
About Anghami Inc. (NASDAQ: ANGH):
Anghami is the leading multi-media technology streaming platform in
the Middle East and North Africa (“MENA”) region, offering a comprehensive ecosystem of exclusive premium video, music, podcasts,
live entertainment, audio services, and more. Since its launch in 2012, Anghami has led the way as the first music streaming platform
to digitize MENA’s music catalog, reshaping the region’s entertainment landscape. In a strategic move in April 2024, Anghami joined forces
with OSN+, a leading video streaming platform, forming a digital entertainment powerhouse. This pivotal transaction strengthened Anghami’s
position as a go-to destination, boasting an extensive library of over 18,000 hours of premium video, including exclusive HBO content,
alongside 100+ million Arabic and International songs and podcasts. With a user base exceeding 120 million registered users and 2.5 million
paid subscribers, Anghami has partnered with 47 telcos across MENA, facilitating customer acquisition and subscription payment, in addition
to establishing relationships with major film studios, entertainment giants, and music labels, both regional and international. Headquartered
in Abu Dhabi, UAE, Anghami operates in 16 countries across MENA, with offices in Beirut, Dubai, Cairo, and Riyadh.
To learn more about Anghami, please visit: https://anghami.com.
For more information, please contact:
Mohamed Zaki
mohamed.zaki@ipn.ae
+971 50 151 0150
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