Amanat Holdings announces launch of Amanat Healthcare

Amanat Holdings announces launch of Amanat Healthcare

Dubai : Amanat Holdings PJSC (“Amanat” or the “Company”), the leading healthcare and education listed investment company, today announces the launch of its new market-leading healthcare platform, Amanat Healthcare.

| |

| |

New vertical consolidates Amanat’s portfolio of world class healthcare assets into a single platform

Will be a market-leader in the GCC with an expected total capacity of 1,000 operational beds

Board to explore regional IPO of Amanat Healthcare in the near term

Amanat Healthcare consolidates Amanat’s world class portfolio of healthcare assets in the Middle East into a single platform with a footprint spanning the United Arab Emirates, Saudi Arabia and Bahrain and an expected total capacity of 1,000 operational beds within three years. By combining Amanat’s long-term, post-acute and specialist care assets in one entity, Amanat Healthcare will become a market-leading provider of specialized healthcare in the GCC.

Amanat also plans to consider further value creation options for Amanat Healthcare, including organic and inorganic growth opportunities, combinations with other synergistic assets, and a potential initial public offering (IPO) on a regional exchange in the near-term.

Amanat’s Chairman, Hamad Alshamsi, said:

“I am delighted to announce the formation and launch of Amanat Healthcare. At Amanat, our fundamental strength is creating value for stakeholders, and we have