Anghami went public via a SPAC merger with Vistas Media Acquisition in a $220m deal.

Anghami, a music streaming platform and service in the Middle East and North Africa, went public via a SPAC merger with Vistas Media Acquisition in a $220m deal. “Elie and I co-founded the company in 2012 with a vision for Anghami to be a first of its kind, digital media entertainment technology platform in the MENA region. Today, we have taken a significant step forward in our growth plans in seeking to become the region’s first Arab technology company to list on NASDAQ. Being a US listed public company gives us access to growth capital and a global platform that is the best in the world,” Eddy Maroun, Anghami Co-founder and CEO.