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You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.
Entrepreneur Middle East will celebrate its 10th anniversary with the February 2024 issue. To commemorate this milestone, we’re revisiting his 10 entrepreneurs and organizations that we featured in this publication 10 years ago to see how far they’ve come and what’s next in their respective stories. Let’s find out what happens.
It would be no exaggeration to say that if you traced all the achievements Lebanese-born Anghami has achieved since its founding as a startup in 2012, you’d have a list that would fascinate just about anyone. Now, as one of the region’s leading music streaming platforms, the company’s future looks incredibly bright, but it’s Anghami as a business that makes him a role model for entrepreneurial endeavors in the region and beyond. It’s solidity.
“Angami started as an application that aimed to fill a market need by providing music content to users,” recalls Elie Habib, co-founder and CTO of Angami. “However, over the past decade, Anghami has evolved into a platform and entertainment ecosystem for the MENA region. The focus has shifted from just a product to building a sustainable business, resulting in the company being listed on the Nasdaq Stock Exchange. ” as the first Arab technology company to achieve this milestone. ”
Angami today is not just a music service like it was then middle east entrepreneurs First featured in February 2014. We’ve expanded our services to include podcasts, audiobooks, and live radio. While Anghami already boasts a large library, it has also launched Anghami Studio, which aims to connect artists and brands and create content for Angami and third parties. The new organization is also behind Anghami Spotlight, which organizes live events and concerts for artists, and has launched its first hospitality arm, Anghami Lab, on Saudi Arabia’s Riyadh Boulevard. In addition to holding live performances in each country, the aim is to discover local artists and talent.
Meanwhile, Anghami is also set to combine its operations with fellow local brand OSN+, the region’s leading streaming platform for premium content, in a merger famously declared to “reshape the MENA entertainment landscape.” be. As CEO of this new venture, which will become the MENA region’s first integrated music and video streaming platform, Habib is understandably excited about how Angami will evolve into the future. .
Related: “Big ambitions and high expectations” for the creation of a new MENA streaming giant through merger with Anghami and fellow domestic brand OSN+
Elie Habib of Angami and Joe Kaukabani of OSN Group. Image courtesy of Angami/OSN Group.
“With the upcoming OSN+ merger, Angami will be able to cater to a larger user base and offer series, movies and other forms of content, becoming a comprehensive media company that can engage users throughout the day. “Sho,” he said. “Throughout his 10-year journey, Angami has focused on open-mindedness, low ego, disdain for perfection, and personal Changing our strategy while maintaining our vision was never as clear at the beginning of Angami’s journey as it is today.”
From a personal perspective, Habib is looking forward to his evolution as an entrepreneur, or as he calls himself, a “builder.” “My journey as an architect started long before I even heard the word ‘entrepreneur’,” says Habib. “Powered by determination and creativity, I started my first private practice before starting university. I will continue to work hard on this path, embrace the title of architect, and pursue I’m eagerly anticipating what the next 10 years will be and I hope to do so forever.”
Wishes and dreams like these underline all of Anghami’s efforts towards the next chapter, and it seems like Habib is just eager to get it all done. “Today, I am very excited about the future, as the OSN+ merger has opened up opportunities that I have longed for,” he says. “In fact, my goal today is to build a unique media company in the region. Personally, I always try to learn more, but I don’t think I’ve ever learned this much. As Charlie Munger said: A life well lived is simply learning, learning, learning.”
Hindsight is 20/20: The difference between then and now Elie Habib
If you look back at where you were in your entrepreneurial/career/business trajectory 10 years ago, would you have done anything differently if you knew what you know now? Or the biggest thing you wish you had known 10 years ago? What are the lessons learned?
“Looking back, I realize that some of my past decisions could have been approached differently. I now understand the importance of giving equal weight to delivery, and if I knew it then, I know it now, but I think I emphasized this balance from the beginning. If I were to send a message to myself, I would tell myself to continue to drive innovation within self-imposed constraints.The term “constraint” is very important here. ”
Related: 10 Years in Review: Prince Khaled bin Alwaleed, Founder and CEO of KBW Ventures
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