Lebanon-born music streaming service Anghami will establish its global headquarters and a research and development centre at Abu Dhabi’s tech accelerator Hub71.
Anghami, which has more than 55 million users, will receive financial and non-financial incentives for its move through Abu Dhabi Investment Office's Innovation Programme, part of the emirate's Ghadan 21 initiative.
“Abu Dhabi is rapidly emerging as a go-to destination for innovation-focused companies, a place where ambitious businesses can pursue digital transformation in a stable, enabling and supportive environment,” Tariq Bin Hendi, director general of ADIO, said.
“We are committed to providing support for technology companies, recognising that progress in this area unlocks opportunities across other sectors by bringing the fundamental capabilities and infrastructure that all industries will benefit from. We welcome big thinkers aligned with Abu Dhabi’s vision to advance innovation.”
Dubai investment banking firm Shuaa Capital invested an undisclosed amount as part of a new funding round in Anghami earlier this month.
The music streaming app, which started with an investment of $200,000 from its two founders in 2012, has raised more than $40 million from investors including venture capital firm Middle East Venture Partners and Samena Capital. It has a catalogue comprising more than 50 million songs and has offices in Beirut, Dubai, Cairo and Riyadh.
By setting up its global HQ and R&D centre in Abu Dhabi, Anghami will benefit from access to capital, local talent and an R&D support network as it focuses on research and technical development to advance its proprietary in-house technology, the company said.
“As we seek to tap into the considerable growth opportunities for Anghami, Abu Dhabi was a natural choice for our new global headquarters and R&D centre,” Eddy Maroun, co-founder of Anghami, said.
The music streaming app will help to nurture talent through mentorship initiatives within the local start-up community and offer fellowships for Emirati computer science and engineering graduates, the statement added.
ADIO's innovation programme targets businesses in high-growth areas including ICT, financial services, tourism, AgTech, health services and biopharma, among others.
Anghami competes with the likes of Swedish audio streaming giant Spotify and with Apple's streaming music service. Deezer, a French music streaming platform backed by Saudi Arabian businessman Prince Alwaleed bin Talal, also entered the market in 2018.
In 2019, Anghami delivered 10 billion music streams, the company said.
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Founded 50 years ago as a nuclear research institute, scientists at the centre believed nuclear would be the “solution for everything”.
Although they still do, they discovered in 1955 that the Netherlands had a lot of natural gas. “We still had the idea that, by 2000, it would all be nuclear,” said Harm Jeeninga, director of business and programme development at the centre.
"In the 1990s, we found out about global warming so we focused on energy savings and tackling the greenhouse gas effect.”
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How to join and use Abu Dhabi’s public libraries
• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.
• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.
• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.
• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.
• For more information visit the library network's website.
The biog
Family: wife, four children, 11 grandchildren, 16 great-grandchildren
Reads: Newspapers, historical, religious books and biographies
Education: High school in Thatta, a city now in Pakistan
Regrets: Not completing college in Karachi when universities were shut down following protests by freedom fighters for the British to quit India
Happiness: Work on creative ideas, you will also need ideals to make people happy
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Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:
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Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
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Know your Camel lingo
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