XML 31 R23.htm IDEA: XBRL DOCUMENT
v3.24.4

Amount Due From/To Related Parties | 6 Months Ended
--- | ---
Jun. 30, 2024
Amount Due from/to Related Parties [Abstract] |
AMOUNT DUE FROM/TO RELATED PARTIES |
| 18 | AMOUNT DUE FROM/TO RELATED PARTIES
Related parties represent associated companies, shareholders, directors and key management personnel of the Group, and entities controlled, jointly controlled or significantly influenced by such parties. Pricing policies and terms of these transactions are approved by the Group’s management.
| 18.1 | Related party balances
Due from related parties:
|  | (Unaudited) |  |  | (Audited) |
|  | June 30, 2024 |  |  | December 31, 2023 |
|  | USD |  |  | USD |
(a) Affiliated companies: |  |  |  |  |  |  |  |
Du – UAE |  |  | 352,996 |  |  |  | 69,517 |
Mobily – KSA |  |  | 70,343 |  |  |  | 203,962 |
|  |  | 423,339 |  |  |  | 273,479 |
(b) Due from related parties: |  |  |  |  |  |
Maher Khawkhaji (General manager of Spotlight Recreational Services LLC) |  |  | 56,746 |  |  |  | 73,482 |
Gulf DTH FZ LLC |  |  | 876,984 |  |  |  | - |
|  |  | 933,730 |  |  |  | 73,482 |
|  |  | 1,357,069 |  |  |  | 346,961 |
Due to shareholders and related parties
|  | (Unaudited) |  |  | (Audited) |
|  | June 30, 2024 |  |  | December 31, 2023 |
|  | USD |  |  | USD |
(a) Due to shareholders |  |  |  |  |  |
Edgard Maroun |  |  | 371,426 |  |  |  | 606,816 |
Elias Habib |  |  | 262,149 |  |  |  | 490,681 |
|  |  | 633,575 |  |  |  | 1,097,497 |
(b) Due to related parties: |  |  |  |  |  |
Gulf DTH FZ LLC |  |  | 12,209,271 |  |  |  | - |
|  |  | 12,209,271 |  |  |  | - |
|  |  | 12,842,846 |  |  |  | 1,097,497 |
The above balances are interest free and have no fixed repayment terms. The amounts due to Gulf DTH LLC represent recharges for video content, shared employees cost and rent recharged to Anghami.
| 18.2 | Related party transactions
Significant transactions with related parties included in the condensed interim consolidated statement of comprehensive income are as follows:
|  | For the six-month period ended June 30 |
|  | (Unaudited) |  |  | (Unaudited) |
|  | 2024 |  |  | 2023 |
|  | USD |  |  | USD |
Revenues from Du and Mobily |  |  | 785,384 |  |  |  | 538,509 |
Fees paid to Du and Mobily (cost of revenue) |  |  | (147,697 | ) |  |  | (125,788 | )
Du and Mobily utilize their network to facilitate subscription payments for the Group’s users.
| 18.3 | Compensation of key management personnel of the Group
|  | For the six-month period ended June 30 |
|  | (Unaudited) |  |  | (Unaudited) |
|  | 2024 |  |  | 2023 |
|  | USD |  |  | USD |
Short term employee benefits |  |  | 640,637 |  |  |  | 694,969 |
Post-employment pension and medical benefits |  |  | 23,071 |  |  |  | 29,287 |
Termination benefits |  |  | - |  |  |  | 6,513 |
Total compensation of key management personnel of the Group |  |  | 663,708 |  |  |  | 730,769 |

X
- Definition The disclosure of information about amounts recognised in relation to regulatory deferral account balances. [Refer: Regulatory deferral account balances [domain]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 14 -IssueDate 2024-01-01 -Section Explanation of recognised amounts -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=14&code=ifrs-tx-2024-en-r&doctype=Standard&dita_xref=IFRS14_g32-36_TI -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfInformationAboutAmountsRecognisedInRelationToRegulatoryDeferralAccountBalancesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration