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- Dubai firm talabat sets higher growth for 2025 after $121m profit
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12/08/2025 04:25 AST
A leading healthcare and education listed investment company on Monday said it has sold real estate assets of North London Collegiate School for Dh453 million.
The Dubai-listed company Amanat Holding said that it sold the asset to an undisclosed third-party buyer who shall bear the value-added tax (VAT) and Dubai Land Department (DLD) fee.
It expects the transfer of the property and receipt of funds will take place in the third quarter of 2025.
Amanat Holding expects the sale to generate a gain for the company.
"The sale is in line with the company's strategic objective to create shareholder value and focus on core investments," it said in a statement, adding that the focus is on healthcare and education.
As the population of Dubai continues to grow exponentially, demand is growing for real estate assets related to education.
"Amanat remains focused on delivering value to shareholders, continuing with our monetisation plan for education," Dr. Shamsheer Vayalil, chairman, Amanat, said after the first quarter results.
Amanat Holdings' revenues in the first quarter of 2025 grew by 13 per cent year-on-year to Dh240.7 million, driven by strong performance at education, which grew 23 per cent year-on-year.
Khaleej Times
29/03/2018
Amanat Holdings PJSC ("Amanat"), the GCC's largest investment company solely focused on healthcare and education, announced today that it will seek to attain Shari'a compliant status.
In li
Press Release
07/03/2018
Amanat Holdings has announced that it acquired a 35 per cent beneficial interest in Abu Dhabi University Holding Company (ADUHC), which is involved in private higher education in Abu Dhabi, Al Ain, D
Gulf News
14/02/2018
Amanat Holdings PJSC, the GCC's largest Healthcare and Education investment company today announced its financial results for the
2017.
Amanat recorded a net profit of AED 42.3 MN for the p
Press Release
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.20 | 0.00 (0.00 |
| FAB | 18.00 | 0.06 (0.33 |
| EMIRATESNBD | 26.35 | -0.35 (-1.32 |
| ADCB | 15.90 | 0.10 (0.63 |
| ADIB | 22.90 | -0.44 (-1.89 |
12/08/2025
The food and retail delivery company Talabat Holding now expects higher growth for full-year 2025 after netting a profit of $121 million in the second quarter.
The company, listed on DFM, al
Gulfnews
12/08/2025
Al-Safat Investment Company announced net profits of KD 4.65 million for the first half of 2025, reflecting a strong financial performance that underscores the success of its strategy to restructure
Kuwait Times
12/08/2025
Millennium Hotels and Resorts Middle East & Africa, in partnership with Saudi Forward Hospitality Company Taiba, has announced the relaunch of Millennium Al Aqeeq and Millennium Taiba in Madinah.
Trade Arabia
12/08/2025
QNB Group, the largest financial institution in the Middle East and Africa, has organised the QNB Blue Pledge, a global initiative aimed at raising awareness about the importance of preserving the ma
The Peninsula
12/08/2025
Heavy Engineering Industries and Ship-building Company (Heisco) has announced that its consortium with Indian group VA Tech Wabag has emerged as the lowest bidder for a key desalination project being
Trade Arabia
Financial Information Co.
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