Amanat Holdings acquires 35% stake in ADUHC

07/03/2018 05:50 AST

Amanat Holdings has announced that it acquired a 35 per cent beneficial interest in Abu Dhabi University Holding Company (ADUHC), which is involved in private higher education in Abu Dhabi, Al Ain, Dubai and Al Dhafra region.

The company did not provide the value of the deal. "This investment expands our exposure into the higher education market through one of the leading players in terms of quality and market share. We are committed for a long term partnership, where we work collaboratively to generate long term sustainable value," said Dr Shamsheer Vayalil, Vice-Chairman, Managing Director and Chief Executive Officer of Amanat in a statement on Tuesday.

Listed on the Dubai Financial Market (DFM), Amanat Holdings business interests span healthcare and education sectors. It has a capital of Dh2.5 billion.


Gulf News

News

Amanat Holdings poised to become Shari'a compliant

29/03/2018

Amanat Holdings PJSC ("Amanat"), the GCC's largest investment company solely focused on healthcare and education, announced today that it will seek to attain Shari'a compliant status.

In li

Press Release

Amanat Holdings Announces a Double Digit Growth for 2017

14/02/2018

Amanat Holdings PJSC, the GCC's largest Healthcare and Education investment company today announced its financial results for the 2017.

Amanat recorded a net profit of AED 42.3 MN for the p

Press Release

Amanat Holdings elected Mr. Hamad Abdulla Alshamsi as Chairman

23/11/2017

The Board of Directors of Amanat Holdings PJSC, the GCC's largest Healthcare and Education Investment Company, has today elected Mr. Hamad Abdulla Alshamsi as Chairman and Dr. Shamsheer Vayalil as Vi

Press Release

Most Viewed Companies

Ticker Price Volume
ARABIANMILLS 59.20 625,755
NAYIFAT 13.94 229,739
RIBL 24.84 6,676,931
ALRAJHI 85.00 7,711,297
DIC 2.07 2,049,713
ABC 0.35 370,000
ZAINKSA 10.82 1,868,409

Valuation

AMANAT Sector Market
P/E
Price/BookValue

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
IHC 407.00 -5.90 (-1.43%)
FAB 13.58 -0.18 (-1.31%)
EMIRATESNBD 20.35 0.10 (0.49%)
DIB 6.28 0.08 (1.29%)
ADCB 8.68 0.00 (0.00%)

Recent News

EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

logo

Financial Information Co.

(MITCO), P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap