Anghami Inc. Announces Board Changes with New Appointment

Anghami Inc. ( (ANGH) ) has shared an announcement.

On May 27, 2025, Anghami Inc. announced the appointment of Bassil Almouallimi to its Board of Directors. Almouallimi, who is the Chief Strategy and Commercial Officer at Saudi Research and Media Group (SRMG), brings significant strategic and commercial expertise to Anghami, having led SRMG’s transformation strategy since 2021. This appointment follows the resignation of Mohammed Nazer from the board on May 26, 2025, after his departure from SRMG. These changes in the board are expected to influence Anghami’s strategic direction and strengthen its industry positioning.

Spark’s Take on ANGH Stock

According to Spark, TipRanks’ AI Analyst, ANGH is a Neutral.

Anghami Inc. scores a 43 primarily due to financial challenges, including persistent losses and negative cash flows, despite some revenue growth. Technical analysis indicates a neutral trend, but valuation remains a concern given the negative P/E ratio and lack of dividends. The stock’s potential is hindered by its financial instability and reliance on external funding.

To see Spark’s full report on ANGH stock, click here.

More about Anghami Inc.

Anghami Inc. operates in the digital music streaming industry, providing a platform for users to stream music and access various audio content. The company focuses on expanding its market presence in the Middle East and North Africa region.

Average Trading Volume: 16,949

Technical Sentiment Signal: Sell

Current Market Cap: $36.78M

See more insights into ANGH stock on TipRanks’ Stock Analysis page.