Dubai-listed Amanat Holdings has proceeded with plans to IPO its education platform. The board of directors has issued a resolution to appoint financial advisors to explore monetisation options and a potential regional listing. This move follows the board’s earlier approval of establishing a holding firm for its education assets, which include Middlesex University Dubai, Nema Holding, and the Human Development Company in Saudi Arabia. Amanat aims to leverage the strong financial performance and growth trajectory of its education platform.
Education, Healthcare, Financial Services,United Arab Emirates, Saudi Arabia, Regional
https://www.zawya.com/en/markets/equities/amanat-board-issues-resolution-for-advisors-on-new-ipo-kme2nlv8