Amanat Holdings, the GCC’s largest healthcare and education investment company, announced it has completed the acquisition of 100% stake in Middlesex University Dubai, one of the region’s most dynamic and forward-thinking institutions, for a consideration of AED 369 million with an additional potential earn-out of up to AED 73 million.
Established in 2005, Middlesex University Dubai is the first overseas campus of the internationally renowned Middlesex University in London. Middlesex University Dubai has a diverse student body of approximately 3,000 students from over 100 nationalities. It is licensed and regulated by the Dubai Government’s Knowledge and Human Development Authority (KHDA).
Middlesex University Dubai offers foundation, undergraduate and postgraduate degree programs in Business, Law, Art and Design, Science and Technology, Health and Education, and Media. Using the same validation and monitoring system as the London campus, Middlesex University Dubai provides students with the opportunity to obtain a top-quality UK degree while living in the heart of Dubai, one of the most exciting and vibrant cities in the world.
With the completion of this investment, Amanat has constructed a diverse portfolio of leading and differentiated businesses. The portfolio today includes three education assets in the United Arab Emirates, two healthcare assets in the Kingdom of Saudi Arabia and another real estate investment