Latest News

Sep 30 2021

Amanat Reports Record Net Profit of 273.8 million in 9M-2021

• Record total income of AED 305.3 million vs. AED 27.2 million in 9M-2020 • Exponential growth in net profit to AED 273.8 million in 9M-2021 vs. a net loss of AED 11.9 million in 9M-2020 boosted by AED 203 million gain on disposal from successful divestments of minority stakes in Taaleem and IMC • Strong balance sheet with AED 872 million of cash for future deployment

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Sep 26 2021

Divestment of IMC for SAR 443 Million

• Saudi Healthcare and Education Fund, a Saudi private investment fund, the units of which are indirectly owned by Amanat, divested its 13.13% interest in IMC resulting in a total cash return of c. AED 100 million, including dividends since its investment in IMC • Divestment is expected to generate a net gain on sale of c. AED 40 million • Transaction is in line with strategic objectives to divest minority stakes and grow platforms through influential stakes • Achieved exit multiple implying c. 15x EV/EBITDA LTM June 2021

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Sep 19 2021

Amanat Appoints John Ireland as CFO

19 September 2021 | Dubai | Amanat Holdings PJSC (“Amanat” or the “Company”), the GCC’s largest healthcare and education investment company, today announced the appointment of John Ireland as Chief Financial Officer (“CFO”) of the company. John will assume Amer Jeambey’ s role, who served as Acting CFO for Amanat alongside his role as Head of Healthcare Investments since August of last year.

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Sep 12 2021

Amanat Launches its Social Infrastructure Platform

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Jun 30 2021

Amanat Reports Record High Profitability of AED 235.3 million in 1H-2021

• Net Profit recorded significant growth to reach AED 235.3 million in 1H-2021 vs. AED 0.6 million in 1H-2020. • Total Income (revenue) grew nine-fold to AED 255.6 million in 1H-2021 vs. AED 28.2 million in 1H-2020 and total expenses declined 26.8% y-o-y to AED 20.2 million in 1H-2021.

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