Amanat Exits Taaleem in a AED 350 Million Transaction Generating Strong Returns
- Amanat divested its 21.7% stake in Taaleem resulting in a total cash return of 225 million, with MoM of 2.2x
- Transaction in line with strategic objectives to grow platforms and focus on controlling stakes
Press release
| Name | Last | Change (%) | Value |
|---|---|---|---|
| Abu Dhabi | 10,120.61 | 0.09 | 1,006,836,473 |
| Dubai | 5,917.96 | 1.5 | 551,958,959 |
| Saudi | 11,350.95 | 0.71 | 2,122,266,327 |
| Kuwait | 9,371.24 | 0.77 | 37,662,287 |
| Qatar | 11,356.75 | 0.31 | 242,969,194 |
| Muscat | 6,248.05 | 0.85 | 23,375,153 |
| Bahrain | 2,049.13 | 0.12 | 730,806 |
| Egypt | 47,683.17 | 0.37 | 527,619,966 |
| Amman | 3,986.06 | 0.43 | 7,578,938 |
| Palestine | 631.65 | 0.47 | 140,765 |
| Name | Last update | Closing Price | Change % |
|---|---|---|---|
| Brent | Aug-06 | 80.37 | 1.22 |
| Natural Gas | Aug-06 | 2.67 | 0.52 |
| Gold | Aug-06 | 4,270.86 | 0.56 |
| Silver | Aug-06 | 61.83 | 0.35 |
| Platinum | Aug-06 | 1,767.30 | 1.17 |
| Nymex Light | Aug-06 | 75.93 | 0.89 |
| Name | Opening price | Closing Price | Change% |
|---|---|---|---|
| Dow Jones | 54,266.12 | 54,349.12 | 0.49 |
| Nasdaq | 26,698.02 | 26,363.44 | 0.83 |
| S&P 500 | 7,771.62 | 7,723.55 | 0.17 |
| Name | Opening price | Closing Price | Change% |
|---|---|---|---|
| Frankfurt | 26,116.27 | 26,169.89 | 0.17 |
| Paris | 8,721.14 | 8,729.39 | 0.69 |
| London | 10,888.45 | 10,920.84 | 0.3 |
| Stockholm | 1,150.32 | 1,150.32 | 0.1 |
| Switzerland | 14,627.21 | 14,631.19 | 0.55 |
| Name | Opening price | Closing Price | Change% |
|---|---|---|---|
| Shanghai | 3,864.27 | 3,900.35 | 0.57 |
| Hong Kong | 25,667.14 | 25,498.01 | 1.61 |
| Jakarta | 6,379.92 | 6,343.41 | 0.12 |
| Tokyo | 65,896.00 | 65,683.26 | 0.93 |
| Name | Rate | Last update |
|---|---|---|
| EURO/USD | 1.154 | Aug-06 |
| GBP/USD | 1.346 | Aug-06 |
| USD/JPY | 157.879 | Aug-06 |
| USD/CHF | 0.810 | Aug-06 |
