Press releases, Reports & Disclosures for AMANAT HOLDINGS PJSC

The text refers to the unaudited interim condensed consolidated financial statements of Amanat Holdings PJSC as of 30th September 2023.

Amanat Holdings PJSC, a leading healthcare and education investment company, reported a 73% increase in net profit to AED 88.2 million for the nine months ended 30 September 2023. Revenue grew by 44% year-on-year to AED 495.0 million, driven by strong performance in the education platform, which saw a boost from the recently acquired Human Development Company and record student enrolments at Middlesex University Dubai. The healthcare platform also saw a 15% growth, driven by the acquisition of Sukoon. EBITDA increased by 65% year-on-year to AED 173.7 million. The company's balance sheet showed AED 560 million of cash at the end of the period, providing significant financial flexibility for growth opportunities.

The text is a nomination form for a board member position at Amanat Holdings PJSC ("the Company"). Instructions for filling the form include completing all required data and the company may reach out to the nominee for any missing information. The form, along with all supporting documents, must be sent by registered mail to Mr. Abdulrahman Al Suwaidi at the given address, or by email to INVESTOR.RELATIONS@AMANAT.COM no later than November 1, 2023. The form requires the candidate's details such as name, nationality, full residential and work address, current job title, work and mobile phone numbers, UAE ID number (if resident in the UAE), and passport number and country of issue (if not a resident in the UAE).

On October 9, 2023, a letter was sent by Abdulrahman Al-Suwaidi from Amanat Holdings PJSC to Hamed Ahmed Ali, the CEO of the Dubai Financial Market. The letter informed Mr. Ali of a board meeting held at 11:00 am on the same day, during which it was decided to invite the General Assembly to convene on November 13, 2023, to elect the members of the Board of Directors. This decision is subject to obtaining approval from the Securities & Commodities Authorities. A copy of this letter was also sent to the Securities and Commodities Authority.