Media ININ Economy We Trust
14-02-2019 Media in\ Dubai
Amanat Holding, the investment company in the healthcare and education sectors of the GCC, today announced a net profit of AED 42.9 million for the fiscal year 2018, equal to the profit achieved in 2017.
The company invested AED 1.2 billion by acquiring four assets last year, increasing its total investment by the end of 2018 to AED 2 billion, representing 79 percent of the company’s paid up capital of AED 2.5 billion. These four assets are in the education sector, Abu Dhabi University Holding Company, Middlesex University Dubai, the Healthcare Sector, the Royal Bahrain Women’s Hospital and the North London College of Real Estate in Dubai.
Hamad Abdulla Al Shamsi, Chairman of Amanat, said that since the beginning of 2018, the company has shown a clear trend towards applying its active investment approach by acquiring four leading assets in investment transactions, enhancing the size of its portfolio and its level of presence in the healthcare and education sectors.
