Kuwait Projects Company (Holding) K.S.C.P. (the Obligor of Kuwait Projects Company Sukuk Limited), announced that Panther Media Group Ltd. known as "OSN" (KIPCO Group's subsidiary) has signed a conditional binding agreement to combine its streaming platform OSN+ with Anghami Inc. (Listed on Nasdaq) and to inject up to USD 50 million (equivalent to KD 15.4 million) in Anghami Inc. for a majority stake in Anghami Inc. Execution of the transaction is subject to obtaining customary regulatory and anti-trust approvals, with the integration expected to be finalized early 2024.
Delayed
Other stock markets
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5-day change | 1st Jan Change | ||
1.072 USD | -0.78% | -1.21% | +3.07% |
29/04 | Anghami Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
12/03 | Anghami Signs 3-Year Agreement for Rotana Music Content, Concerts | MT |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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---|---|---|---|---|---|
1.072 USD | -0.78% | -1.21% | 72.05M | ||
0.129 KWD | 0.00% | +1.57% | 1.91B | ||
Chiffre d''affaires - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+3.07% | 72.05M | |
+30.04% | 449B | |
+25.12% | 266B | |
+6.05% | 138B | |
+7.85% | 94.67B | |
+32.89% | 92.57B | |
+54.37% | 57.67B | |
+16.31% | 47.64B | |
+23.11% | 37.06B | |
+0.47% | 36.17B |
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