Amanat Holdings launches platform to boost healthcare in GCC

  • Date: 02-Apr-2023
  • Source: Mubasher
  • Sector:Healthcare
  • Country:UAE
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Amanat Holdings launches platform to boost healthcare in GCC

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 capacity of 1,000 operational beds within three years. Amanat Healthcare integrates Amanat’s long-term, post-acute, and specialist care assets. It aims to become a market-leading provider of specialised healthcare in the GCC region. The DFM-listed firm plans to consider further value-creation options for Amanat Healthcare, including organic and inorganic growth opportunities, in addition to combinations with other synergistic assets. It also seeks to study a potential initial public offering (IPO) on a regional exchange in the future. said: highlighted: Ireland elaborated: In December 2022, Amanat , following the merger of Sukoon International Holding Company with Cambridge Medical and Rehabilitation Center (CMRC) through a non-cash share swap.