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 | 9,996.54 | 0.73 | 1,036,557,251 |
| Dubai | 5,916.74 | 0.73 | 534,040,874 |
| 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 | 4,206.57 | 0.38 | 10,754,857 |
| Palestine | 631.65 | 0.47 | 140,765 |
| Name | Last update | Closing Price | Change % |
|---|---|---|---|
| Brent | Oct-01 | 99.77 | 1.93 |
| Natural Gas | Oct-01 | 2.95 | 2.25 |
| Gold | Oct-01 | 4,172.66 | 0.36 |
| Silver | Oct-01 | 60.90 | 0.83 |
| Platinum | Oct-01 | 1,729.50 | 0.53 |
| Nymex Light | Oct-01 | 91.43 | 1.23 |
| Name | Opening price | Closing Price | Change% |
|---|---|---|---|
| Dow Jones | 51,424.84 | 50,906.05 | 0.86 |
| Nasdaq | 26,892.80 | 26,861.06 | 0.24 |
| S&P 500 | 7,688.99 | 7,651.54 | 0.25 |
| Name | Opening price | Closing Price | Change% |
|---|---|---|---|
| Frankfurt | 25,058.08 | 25,073.37 | 0.5 |
| Paris | 7,913.71 | 7,876.90 | 1.1 |
| London | 10,606.39 | 10,452.54 | 1.45 |
| Stockholm | 1,121.91 | 1,122.34 | 0.32 |
| Switzerland | 13,720.53 | 13,673.79 | 1.13 |
| Name | Opening price | Closing Price | Change% |
|---|---|---|---|
| Shanghai | 3,839.25 | 3,842.20 | 0.31 |
| Hong Kong | 24,393.88 | 24,613.27 | 0.37 |
| Jakarta | 6,062.89 | 6,009.50 | 1.02 |
| Tokyo | 67,106.52 | 68,956.72 | 3.3 |
| Name | Rate | Last update |
|---|---|---|
| EURO/USD | 1.129 | Oct-01 |
| GBP/USD | 1.322 | Oct-01 |
| USD/JPY | 158.398 | Oct-01 |
| USD/CHF | 0.836 | Oct-01 |
