Anghami and OSN+ complete landmark merger


LONDON: Music and entertainment streaming platform Anghami and premium video streaming service OSN+ have completed their landmark merger after receiving all necessary regulatory approvals.

The deal, announced last November, is poised to redefine streaming across the Middle East.

The Dubai-based OSN Group has invested $50 million into Anghami Inc., purchasing a 55.45 percent stake at a valuation of $3.69 per share.