Amanat Holdings, the leading healthcare and education listed investment company, has launched its new market-leading healthcare platform, Amanat Healthcare.
Amanat Healthcare consolidates the company’s world-class portfolio of healthcare assets in the Middle East into a single platform with a footprint spanning the United Arab Emirates (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, 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.
Hamad Alshamsi Chairman – Amanat Holding
“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. Amanat Healthcare will be a market leader in long-term, post-acute and specialized care in the region.”
Mr. John Ireland, Amanat’s Acting Chief Executive Officer, said that “The private healthcare market in the region continues to grow strongly, underpinned by favorable demographic and population trends in addition to a supportive government and regulatory environment designed to develop the sector to meet the growing needs of the population.”
“The formation of Amanat Healthcare will enable Amanat to maximize the opportunity within the GCC through the creation of a new platform which combines quality specialized healthcare with strong financial performance,” Mr. Ireland added.
