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Dubai's Amanat Holdings plans to list its

education platform

Story by Fareed Rahman

• 21h • 2 min read

Several companies have listed their shares on the UAE bourses in the past two years. Chris
Whiteoak / The National© Provided by The National

Dubai’s Amanat Holdings plans to proceed with an initial public offering of its education platform
amid a surge in listings across the Gulf stock markets and strong investor demand.

The company will engage with relevant financial, legal and commercial advisers on the IPO, it
said on Thursday in a filing to the Dubai Financial Market, where its shares are traded.
Amanat, however, did not say where it plans to list the platform and how many shares it plans to
sell to investors as part of the transaction. The IPO plans were first revealed in May.

Amanat’s education platform includes Middlesex University Dubai, the first overseas campus of
London's Middlesex University, Human Development Company, a provider of special education
and care services in Saudi Arabia, and Nema Holding, which offers higher education in Abu
Dhabi.

https://www.msn.com/en-ae/money/news/dubais-amanat-holdings-plans-to-list-its-education-
platform/ar-BB1qdoOU?ocid=BingNewsSerp