The investment company, Amanat Holdings aiming on healthcare and education, has reported that it has gained a 35 percent interest in Abu Dhabi University Holding Company (ADUHC).
The statement mentioned that, ADUHC manages the private higher education field in Abu Dhabi and Al Ain, with recent expansion to Dubai and Al Dhafra Region.
It also mentioned that the partnership with Amanat indicates the expansion ambitions of ADUHC along with its portfolio organisations which include Knowledge Group, Khawarizmi Training Solutions, Khawarizmi International College, Summit Career Management Services, AIM Events and Fortune Properties.
It has 7,500 students registered in its higher education institutions across the UAE, and has trained over 170,000 individuals through its training solutions companies.
Chairman of Amanat, Hamad Abdullah Al Shamsi stated, “We are delighted to collaborate with ADUHC as our partners in higher education in the UAE. This move strategically complements our K-12 platform, and confirms Amanat’s emphasis on the growing GCC education sector by creating a unique and complementary portfolio of quality institutions. We are committed to investing in the things that we believe matter most which are healthcare and education.”
Chairman of ADUHC, Ali Saeed Bin Harmal Al Dhaheri said, “We welcome this investment which demonstrates a shared belief in, and commitment to, what we are doing.” He also added, “We value the expertise of Amanat in the education sector and anticipate their strategic input.”
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