Anghami (ANGH) announced that it secured a significant new round of funding, from OSN Group of up to USD $55 million with a USD $12 million initial investment in a convertible note program.

Anghami Inc. has secured a significant investment of up to $55 million from OSN Group, marking a pivotal step in enhancing its leadership in the MENA region’s digital entertainment sector.

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“This new round of funding reflects our unwavering belief in Anghami’s potential to lead the MENA region in digital entertainment,” OSN Group CEO Joe Kawkabani said. “Together, we will continue ...