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 | 10,654.20 | 0.03 | 1,286,950,801 |
| Dubai | 6,686.27 | 1.26 | 1,058,243,374 |
| 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 | 3,610.51 | 0.08 | 7,160,164 |
| Palestine | 631.65 | 0.47 | 140,765 |
| Name | Last update | Closing Price | Change % |
|---|---|---|---|
| Brent | Feb-11 | 69.40 | 0.87 |
| Natural Gas | Feb-11 | 3.16 | 1.41 |
| Gold | Feb-11 | 5,084.53 | 0.49 |
| Silver | Feb-11 | 84.28 | 0.71 |
| Platinum | Feb-11 | 2,145.70 | 1.92 |
| Nymex Light | Feb-11 | 64.63 | 1.05 |
| Name | Opening price | Closing Price | Change% |
|---|---|---|---|
| Dow Jones | 50,243.15 | 50,121.40 | 0.13 |
| Nasdaq | 23,278.29 | 23,066.47 | 0.16 |
| S&P 500 | 6,976.48 | 6,941.47 | 0 |
| Name | Opening price | Closing Price | Change% |
|---|---|---|---|
| Frankfurt | 24,956.46 | 24,856.15 | 0.53 |
| Paris | 8,344.25 | 8,313.24 | 0.18 |
| London | 10,353.82 | 10,472.11 | 1.14 |
| Stockholm | 1,098.53 | 1,096.79 | 0.3 |
| Switzerland | 13,494.27 | 13,547.08 | 0.21 |
| Name | Opening price | Closing Price | Change% |
|---|---|---|---|
| Shanghai | 4,124.43 | 4,131.98 | 0.09 |
| Hong Kong | 27,246.18 | 27,266.38 | 0.31 |
| Jakarta | 8,152.79 | 8,290.97 | 1.96 |
| Tokyo | 57,864.74 | 57,989.82 | 0.59 |
| Name | Rate | Last update |
|---|---|---|
| EURO/USD | 1.188 | Feb-12 |
| GBP/USD | 1.362 | Feb-12 |
| USD/JPY | 153.275 | Feb-12 |
| USD/CHF | 0.771 | Feb-12 |
