Company serves 28,000 students from 39 daycare centres, 14 special education and care schools and three universities with seven campuses
Amanat Holdings
Amanat’s education subsidiary Almasar receives Saudi CMA approval for Tadawul IPO
Advanced negotiations are being led by an alliance that includes prominent Saudi companies, alongside Emirati partners, to acquire the Exhibition Grounds in Nasr City, Cairo, for more than 700 million US dollars
Amanat sells a Dubai-based education real estate for $123.35mn
It will generate a net cash return of $80mn, delivering an unlevered cash-on-cash multiple of 1.7x and an internal rate of return of 10%
Amanat Holdings declares interim dividend as revenue grows 17%
Company adds 3,000 students and beneficiaries as education vertical excels with 26% YoY growth in revenue
Amanat appoints John Ireland as new CEO
The decision comes after he served as Acting CEO of Amanat for one year
Amanat Holdings announces record profits and 40% revenue growth in 2023
The company reported record-breaking profits, with net profit soaring by 39 percent year-on-year to AED155 million
Amanat Holdings announce share buyback and dividend
Amanat, which is a DFM-listed company, invests in healthcare and education, plans to buyback 5 percent of shares at 19% premium to its April 17 closing
Dubai’s Amanat Holdings launches healthcare division
Amanat Healthcare is to have an expected capacity of over 1,000 operational beds
Amanat announces merger of Sukoon International with Cambridge Medical & Rehabilitation Center
The merger entity is billed as the largest pan-GCC post-acute care platform
Amanat acquires 60% stake in Human Development Company for SAR220.3 million
HDC has presence in over 6 provinces and caters to over 3000 beneficiaries
Dubai’s Amanat exploring deals, sees IPO candidates in portfolio
The government plans to list utility DEWA – likely to be the city’s biggest deal – and its Salik road toll collection system
UAE-based Amanat secures $12.5m real estate property deal
GCC’s largest healthcare and education investment company has announced the launch of its social infrastructure platform
UAE-based Amanat sees half-year revenues increase nine-fold
GCC’s largest healthcare and education investment company announced profits of AED235.3m ($64.1m) for first six months of the year
UAE’s Amanat to net $43.6mn profit from Taaleem exit
GCC’s largest healthcare and education investment company has sold its 21.7% stake in education provider
Amanat acquires Cambridge Medical and Rehabilitation Centre in $232m deal
GCC’s largest healthcare and education investment company, said the transaction was funded through a combination of cash on hand and leverage
UAE’s Amanat posts 83% drop in profits for 2020
GCC’s largest healthcare and education investment company recorded a strong Q4 with income from investments up 95.4% year-on-year
Saudi healthcare provider expands with acquisition of three facilities in Jeddah
International Medical Centre already operates a 300 bed hospital in Jeddah