Dubai Financial Market | Amanat Holdings | Amanat Exits Taaleem in a AED 350 Million Transaction Generating Strong Returns

 

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

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,957.52 0.72 2,200,974,357
Dubai 5,705.76 0.38 1,075,478,532
Saudi 11,163.96 0.35 7,365,062,689
Kuwait 9,187.51 0.37 130,780,072
Qatar 10,749.48 0.17 481,796,242
Muscat 4,500.87 0.14 7,351,846
Bahrain 1,943.81 0.33 805,163
Egypt 32,857.62 1.05 2,377,010,638
Amman 2,777.45 0.88 18,296,501
Palestine 586.73 0.53 911,774

Commodities

Name Last update Closing Price Change %
Brent Jun-30 67.61 0.21
Natural Gas Jun-30 3.46 7.57
Gold Jun-30 3,307.70 0.61
Silver Jun-30 36.17 0.54
Platinum Jun-30 1,343.00 0.66
Nymex Light Jun-30 65.11 0.63

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 44,020.70 44,094.77 0.63
Nasdaq 20,360.20 20,369.73 0.47
S&P 500 6,193.36 6,204.95 0.52
Name Opening price Closing Price Change%
Frankfurt 24,109.15 23,909.61 0.51
Paris 7,714.56 7,665.91 0.33
London 8,798.91 8,760.96 0.43
Stockholm 962.98 953.13 0.68
Switzerland 12,001.25 11,921.46 0.49
Name Opening price Closing Price Change%
Shanghai 3,423.47 3,444.43 0.59
Hong Kong 24,274.91 24,072.28 0.87
Jakarta 6,936.06 6,927.68 0.44
Tokyo 40,550.79 40,487.39 0.84

Currency

Name Rate Last update
EURO/USD 1.179 Jun-30
GBP/USD 1.373 Jun-30
USD/JPY 143.998 Jun-30
USD/CHF 0.793 Jun-30