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Amanat Seeks new Opportunities in Healthcare and Education Investments Beyond GCC Markets

Amanat Holdings PJSC (" Amanat"), the GCC's largest healthcare and education investment company, announces its rejuvenated technique where it will seek to invest in chances in new markets and to broaden its capacities while building on the company's solid market know-how in health care and education.

Following an assessment of Amanat's business and its investing opportunities, the company's revitalized investment strategy is improved three pillars:

Investing in the Healthcare and Education sectors exclusively: Focusing on educationmand healthcare industries solely, especially in successful sections.

Complementary geographic markets: Investing in high-quality, high-growth potential
business in the GCC and beyond.

Active investing style: Taking substantial minority or bulk stakes, thus putting in an active investment approach with Amanat's portfolio firms in order to unlock worth.

Mr. Hamad Abdulla Al Shamsi, Chairman of Amanat, said: Since inception, Amanat has constructed solid structures and established a investment profile of high-quality health care and education companies. Structure on the firm's toughness as a sector specialist and a long-terminvestor, we are revitalizing Amanat's strategy to benefit from emerging investment opportunities and to deliver higher worth for shareholders and profile business alike. This rejuvenated method will allow us to establish a healthy and well-diversified portfolio."

DDr. Shamsheer Vayalil, Vice Chairman and Managing Director of Amanat, added: "We are getting in a new phase for Amanat with a clear and unique value recommendation fixated education and medical care fields in the GCC and past where we have the opportunity to take significant minority and bulk stakes. We will proceed targeting leading companies with sustainable affordable benefit and strong growth prospects.

Over the previous three years, Amanat has invested in four deals and deployed an overall of AED 1.1 billion capital of its AED 2.5 billion paid-up capital in health care and education financial investments in the GCC. Because December 2017, Amanat has released 15.6% of its capital as part of Amanat's increasingly active investment approach. The company recently introduced a purchase of 35% financial rate of interest in Abu Dhabi University Holding Company, which is the marketplace leader in the private higher education in Abu Dhabi and Al Ain. Amanat likewise recently became the largest shareholder in Taaleem Holdings, among the UAE's largest suppliers of K-12 education, by getting an added 5.3% risk to bring its total ownership to 21.7% of the company.

In addition, Amanat has recently moved AED 700 countless its outstanding cash money from conventional deposits to Sharia'a certified deposits with Islamic Banks in the UAE. As a result, Shari'a certified deposits and financial investments stand at AED 1.8 billion, representing 73% of its total assets.

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