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 | 9,545.51 | 0.33 | 1,153,897,241 |
| Dubai | 5,733.88 | 0.42 | 830,924,343 |
| 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 | 3,954.47 | 0.68 | 32,133,361 |
| Palestine | 631.65 | 0.47 | 140,765 |
| Name | Last update | Closing Price | Change % |
|---|---|---|---|
| Brent | Jun-11 | 90.38 | 2.92 |
| Natural Gas | Jun-11 | 3.09 | 3.08 |
| Gold | Jun-11 | 4,210.96 | 0.13 |
| Silver | Jun-11 | 67.34 | 0.05 |
| Platinum | Jun-11 | 1,665.70 | 3.78 |
| Nymex Light | Jun-11 | 87.71 | 2.58 |
| Name | Opening price | Closing Price | Change% |
|---|---|---|---|
| Dow Jones | 49,972.07 | 50,848.75 | 1.86 |
| Nasdaq | 25,309.78 | 25,809.66 | 2.54 |
| S&P 500 | 7,287.67 | 7,394.30 | 1.75 |
| Name | Opening price | Closing Price | Change% |
|---|---|---|---|
| Frankfurt | 24,205.16 | 24,209.71 | 0.06 |
| Paris | 8,154.54 | 8,200.80 | 0.48 |
| London | 10,255.20 | 10,303.90 | 0.48 |
| Stockholm | 1,067.59 | 1,069.98 | 0.15 |
| Switzerland | 13,403.78 | 13,529.65 | 0.49 |
| Name | Opening price | Closing Price | Change% |
|---|---|---|---|
| Shanghai | 4,017.86 | 4,049.29 | 1.56 |
| Hong Kong | 24,501.50 | 24,739.86 | 2.02 |
| Jakarta | 5,960.42 | 6,047.51 | 2.74 |
| Tokyo | 65,176.23 | 66,415.92 | 3.42 |
| Name | Rate | Last update |
|---|---|---|
| EURO/USD | 1.157 | Jun-12 |
| GBP/USD | 1.342 | Jun-12 |
| USD/JPY | 160.228 | Jun-12 |
| USD/CHF | 0.796 | Jun-12 |
