Amanat Holdings, the GCC’s largest healthcare and education investment company, has announced a refreshed strategy where it will seek to invest in opportunities in new markets.
Following an assessment of Amanat’s business and its investing opportunities, the company’s refreshed investment strategy is built on three pillars, the company said in a statement.
It said it will continue to invest in the healthcare and education sectors exclusively, will invest in high-quality, high-growth potential companies in the GCC and beyond and will seek to take significant minority or majority stakes.
Hamad Abdulla Al Shamsi, chairman of Amanat, said: “Since inception, Amanat has built solid foundations and established an investment portfolio of high-quality healthcare and education companies.
“Building on the firm’s strength as a sector specialist and a long-term investor, we are refreshing Amanat’s strategy to take advantage of arising investment opportunities and to deliver greater value for shareholders and portfolio companies alike. This refreshed strategy will allow us to develop a healthy and well-diversified portfolio.”
Dr Shamsheer Vayalil, vice chairman and managing director of Amanat, added: “We are entering a new chapter for Amanat with a clear and unique value proposition centered on education and healthcare sectors in the GCC and beyond where we have the opportunity to take significant minority and majority stakes. We will continue targeting leading companies with sustainable competitive advantage and strong growth prospects.”
Over the past three years, Amanat has invested in four deals and deployed a total of AED1.1 billion capital of its AED2.5 billion paid-up capital in healthcare and education investments in the GCC.
The company recently announced an acquisition of 35 percent interest in Abu Dhabi University Holding Company and became the largest shareholder in Taaleem Holdings.
Additionally, Amanat has recently moved AED700 million of its outstanding cash from conventional deposits to Sharia’a compliant deposits with Islamic banks in the UAE.
Follow us on
