Company Insights Amanat Holdings Health Amanat Holdings Overview Calling itself “the region’s gateway to sustainable investing”, Amanat invests in healthcare and education in the Mena region, providing global investors access to what it says are some of the most resilient investment sectors. Its healthcare investments include an 85 percent stake in long-term care provider Cambridge Medical & Rehabilitation Center and 70 percent of Sukoon International Holding Company. Through investments in the education sector, Amanat has interests in 30 daycare and rehab centres, nine schools and four universities. Since October 2022 it has held a 60 percent stake in Human Development Company, which provides daycare facilities and specialised rehabilitation centres in Saudi Arabia. It also owns Middlesex University Dubai, which has around 5,700 students. In 2024 Amanat had AED 2.9 billion assets under management, 73 percent of which was in the UAE, 26 percent in Saudi Arabia and the remainder in the US. Amanat Holdings News Markets More dual listings expected as IPO trend continues Last year, eight companies launched initial public offerings (IPO) on the two main stock exchanges in the UAE, attracting more than $7 billion in investment. The same number could float this year and list in neighbouring Saudi Arabia, analysts say. UAE-based technology company Alpha Data has already announced plans to list 40 percent of its […] February 20, 2025 Education Mergers and acquisitions to fuel Saudi education growth Mergers and acquisitions will play a vital role in the future of Saudi Arabia’s lucrative education sector, which could offer returns in the region of high double-digits, according to an industry expert. There has been a flurry of M&A activity in education in recent weeks. Maarif, one of the largest education companies in the country, […] December 9, 2024 Education Amanat hires SNB Capital for education business IPO Amanat Holdings, a Dubai-listed investment company, has appointed SNB Capital to manage the proposed sale of a 30 percent stake in its education business through an initial public offering (IPO) in Saudi Arabia next year. The listing is anticipated in the first half of 2025, which will raise $300 million, Reuters reported, citing unnamed sources. […] November 28, 2024 Finance Dubai’s Amanat to pay $20m dividend despite profit fall Amanat Holdings, a Dubai-listed investment company, will pay an interim dividend of AED75 million ($20.4 million) for the first half of 2024 despite a decline in profit. The bottom line fell 8 percent year on year to AED89 million, impacted by the one-time gain in the last year and the impact of corporation tax. Excluding […] August 15, 2024 Education Dubai’s Amanat moves ahead with education platform IPO Amanat Holdings is planning for a potential initial public offering (IPO) of its education platform. The Dubai-listed healthcare and education investment company aims to monetise its education platform by creating a new holding company. Advisors have been appointed to explore the monetisation options to unlock significant shareholder value, the company said in a Dubai Finanical Market filing […] May 16, 2024 People & Lifestyle Amanat and Mada to develop Saudi health PPPs Amanat Holdings has partnered with Mada International Holding to develop public-private partnerships (PPPs) in the healthcare industry across Saudi Arabia. Amanat, a Dubai-listed healthcare and education investment company, and Saudi developer Mada are already considering a tender for the 900-bed PPP post-acute care facilities in Riyadh and Dammam. The tie-up is expected to fuel Amanat’s […] September 11, 2023 Analysis Health More GCC healthcare mergers likely as competition hots up The GCC healthcare market is set to witness more mergers, acquisitions and consolidation as competition increases, say experts. As the sector continues to mature, public-private partnerships (PPPs) are bringing about a shift in care delivery that is likely to be transformative, according to Dubai-based investment banking advisory firm Alpen Capital. Its research predicts that healthcare […] April 4, 2023 Posts navigation
Markets More dual listings expected as IPO trend continues Last year, eight companies launched initial public offerings (IPO) on the two main stock exchanges in the UAE, attracting more than $7 billion in investment. The same number could float this year and list in neighbouring Saudi Arabia, analysts say. UAE-based technology company Alpha Data has already announced plans to list 40 percent of its […] February 20, 2025
Education Mergers and acquisitions to fuel Saudi education growth Mergers and acquisitions will play a vital role in the future of Saudi Arabia’s lucrative education sector, which could offer returns in the region of high double-digits, according to an industry expert. There has been a flurry of M&A activity in education in recent weeks. Maarif, one of the largest education companies in the country, […] December 9, 2024
Education Amanat hires SNB Capital for education business IPO Amanat Holdings, a Dubai-listed investment company, has appointed SNB Capital to manage the proposed sale of a 30 percent stake in its education business through an initial public offering (IPO) in Saudi Arabia next year. The listing is anticipated in the first half of 2025, which will raise $300 million, Reuters reported, citing unnamed sources. […] November 28, 2024
Finance Dubai’s Amanat to pay $20m dividend despite profit fall Amanat Holdings, a Dubai-listed investment company, will pay an interim dividend of AED75 million ($20.4 million) for the first half of 2024 despite a decline in profit. The bottom line fell 8 percent year on year to AED89 million, impacted by the one-time gain in the last year and the impact of corporation tax. Excluding […] August 15, 2024
Education Dubai’s Amanat moves ahead with education platform IPO Amanat Holdings is planning for a potential initial public offering (IPO) of its education platform. The Dubai-listed healthcare and education investment company aims to monetise its education platform by creating a new holding company. Advisors have been appointed to explore the monetisation options to unlock significant shareholder value, the company said in a Dubai Finanical Market filing […] May 16, 2024
People & Lifestyle Amanat and Mada to develop Saudi health PPPs Amanat Holdings has partnered with Mada International Holding to develop public-private partnerships (PPPs) in the healthcare industry across Saudi Arabia. Amanat, a Dubai-listed healthcare and education investment company, and Saudi developer Mada are already considering a tender for the 900-bed PPP post-acute care facilities in Riyadh and Dammam. The tie-up is expected to fuel Amanat’s […] September 11, 2023
Analysis Health More GCC healthcare mergers likely as competition hots up The GCC healthcare market is set to witness more mergers, acquisitions and consolidation as competition increases, say experts. As the sector continues to mature, public-private partnerships (PPPs) are bringing about a shift in care delivery that is likely to be transformative, according to Dubai-based investment banking advisory firm Alpen Capital. Its research predicts that healthcare […] April 4, 2023
