Dubai – Mubasher: Amanat Holdings is seeking to invest in new markets and expand its capabilities, in line with improving the firm’s robust expertise in healthcare and education through its refreshed strategy.
Amanat’s fresh investment strategy focuses on investing in the profitable segments of the education and healthcare sectors, the company said in a filing to the Dubai Financial Market (DFM) on Monday.
The GCC’s largest healthcare and education investment company also aims to invest in “high-quality” and “high-growth potential” firms overseas, mainly the GCC, and to acquire significant minority and majority stakes.
The DFM-listed firm is developing its “strategy to take advantage of arising investment opportunities and to deliver greater value for shareholders and portfolio companies alike. This refreshed strategy will allow [Amanat] to develop a healthy and well-diversified portfolio,” company chairman Hamad Abdulla Al Shamsi commented.
Over the past three years, Amanat has invested a total of AED 1.1 billion in four deals in the healthcare and education sectors across the GCC.
The investment company had recently announced that it acquired a 35% economic interest in Abu Dhabi University Holding Company.
Amanat had previously posted it became Taaleem Holdings’ largest shareholder by holding an additional 5.3% stake to boost its total ownership to 21.7% of the company.
