Amanat Holdings launches new healthcare platform

Amanat Holdings launches new healthcare platform

Healthcare and education listed investment company Amanat Holdings has launched its new healthcare platform, Amanat Healthcare. Amanat Healthcare consolidates the company’s portfolio of healthcare assets in the Middle East into a single platform with a footprint spanning the UAE, 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, the platform aims to position itself as a key provider of specialised healthcare in the GCC. Amanat also plans to consider further value creation options for the platform including organic and inorganic growth opportunities, combinations with other synergistic assets, and a potential initial public offering (on a regional exchange in the near-term. The holding company’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 invested in assets, expertise and knowledge, to support our governments’ efforts in delivering modern and efficient healthcare that will enhance the quality of life for our population and concurrently deliver value to shareholders. Alshami said the platform “will be a market leader in long-term, post-acute and specialised care in