Amanat Holdings PJSC (AMANAT)

Dubai – Mubasher: Amanat Holdings appointed John Ireland, who has been serving as the Acting CEO since March 2023, as its new CEO, according to a press release. The Chairman of Amanat, Shamsheer Vayalil, said: “Under John’s guidance Amanat has …

Dubai – Mubasher: Amanat Holdings posted revenues amounting to AED 718.10 million in 2023, higher by 40% year-on-year (YoY) AED 513.10 million, according to the unaudited financial results. The higher revenues were backed by almost two-fold growth …

Dubai – Mubasher: Amanat Holdings has named Shamsheer Vayalil as its new Chairman of the board, according to a press release. The appointment aligns with Amanat’s commitment to boosting strategic leadership in the rapidly evolving healthcare and …

Dubai – Mubasher: Amanat Holdings posted net profits attributable to the shareholders valued at AED 81.12 million in the first nine months (9M) of 2023, versus AED 56.22 million in 9M-22. The firm generated revenues amounting to AED 495.03 million …

Dubai – Mubasher: Amanat Holdings and Mada International Holding partnered for the Ministry of Health Public-Private Partnership (PPP) projects in Saudi Arabia, according to a press release. The partnership will focus on the long-term care and …

Dubai – Mubasher: The net profits attributable to the owners of Amanat Holdings stood at AED 89.24 million in the first half (H1) of 2023, an annual rise from AED 66.64 million. The UAE-based company generated revenues amounting to AED 369.40 …

Dubai – Mubasher: Amanat Holdings concluded the acquisition of a majority stake in Sukoon International Holding Company through a merger with Cambridge Medical and Rehabilitation Center (CMRC), according to a press release. Following the merger, …

Dubai – Mubasher: The shareholders of Amanat Holdings greenlighted the payment of AED 100 million, equivalent to 4 fils per share, as cash dividends for 2022. The approved cash dividends represent 88% of the company’s net profit attributable to …

Dubai – Mubasher: Amanat Holdings has launched its new healthcare platform called Amanat Healthcare, according to a recent press release. The new entity runs its business across the UAE, Saudi Arabia, and Bahrain, holding an expected total …

Dubai – Mubasher: Mohamad Hamade has resigned from his position as the CEO of Amanat Holdings to pursue other interests, the company announced in a press release.  Hamade joined Amanat six years ago as the Chief Investment Officer (CIO) and …

Dubai – Mubasher: Amanat Holdings developed the biggest pan-GCC post-acute care platform after the merger of Sukoon International Holding Company with Cambridge Medical and Rehabilitation Center (CMRC) through a non-cash share swap. Under the …

Dubai – Mubasher: Amanat Holdings generated AED 56.22 million net profits attributable to the shareholders in the first nine months (9M) of 2022, lower than AED 273.82 million in 9M-21. Revenue s amounted to AED 344.28 million in 9M-22, higher …

Dubai – Mubasher: The net profit attributable to the equity holders of Amanat Holdings plummeted to AED 66.64 million in the first half (H1) of 2022, compared to AED 235.33 million in H1-21. The company registered AED 257.11 million in revenue …

Dubai – Mubasher: NEMA Holding, a 35% subsidiary of Amanat Holdings and formerly known as the Abu Dhabi University Holding Company, has fully acquired Liwa College of Technology (LCT), an Abu Dhabi-based private higher education provider. This …

Dubai – Mubasher: Amanat Holdings has allocated at least AED 1.5 billion ($408 million) for acquisitions in the healthcare and education sectors across different markets in 2022, the company's CEO, Mohamad Hamade, told Bloomberg TV. Hamade added …

Dubai – Mubasher: The unaudited interim consolidated financials of Amanat Holdings has registered net profits attributable to the equity holders of AED 273.8 million in the first nine months of 2021, against net losses of AED 11.9 million in the …

Mubasher: Saudi Healthcare and Education Fund, indirectly owned by Amanat Holdings through its subsidiaries, has sold its 13.13% minority equity interest in International Medical Center (IMC) in exchange for SAR 443 million (AED 433 million). The …

Dubai – Mubasher: Amanat Holdings has acquired the real estate property of Cambridge Medical and Rehabilitation Centre’s (CMRC) facility in Abu Dhabi for AED 46 million and launched its social infrastructure platform. In line with Amanat’s …

Dubai – Mubasher: Amanat Holdings reported AED 235.3 million in net profits attributable to the equity holders in the first half (H1) of 2021, up by 40,054% year-on-year (YoY) from AED 586,000 in H1-20. The GCC’s largest healthcare and education …

Dubai – Mubasher: The unaudited interim consolidated financials of Amanat Holdings registered a 449.4% rise in net profits to AED 31.514 million in the first quarter (Q1) of 2021, compared to AED 5.736 million in the same quarter of 2020. The …

Dubai –Mubasher: Healthcare and education investment company Amanat Holdings sold its 21.7% stake in Taaleem Holdings in an AED 350 million transaction to an undisclosed strategic buyer, according to a bourse filing on Thursday. Amanat has …

Dubai – Mubasher: Amanat Holdings has acquired Cambridge Medical and Rehabilitation Center (CMRC) for an enterprise value of $232 million (AED 851 million) from emerging market focused private equity company TVM Capital Healthcare. The …

Dubai – Mubasher: Amanat Holdings’ portfolio saw a solid recovery in the fourth quarter (Q4) of 2020, showcasing a rebound in performance since the first wave of Covid-19. Income from Amanat’s education investments increased by 67% year-on-year …

Dubai – Mubasher: The preliminary financials of Amanat Holdings showed a shrink in net profits to AED 8.331 million in 2020, compared to AED 60.023 million in 2019. The company generated revenues of AED 143.565 million in 2020, up from AED 142.103 …

Dubai – Mubasher: The board of Amanat Holdings has elected Hamad Abdulla Alshamsi as Chairman and Shamsheer Vayalil as Vice Chairman and Managing Director. During a meeting held on Tuesday, 17 November, the board has also elected the members of …