Our value proposition lies in the unique offering of a diversified platform with a focus on specialized healthcare, supported by strong demographics, and management teams that are proactive investors looking to build platforms that can build scale, benefit from synergies and attract talent to ultimately create more attractive models that are built for premium exits in the future.

3

Investments in Healhtcare Sector

462

Operational Hospital Beds across UAE, KSA and Bahrain

5

Specialized Hospitals

Sector Overview

Across the GCC, a growing and simultaneously ageing population, and the increasing prevalence of lifestyle diseases, has seen healthcare quickly climb the ranks and become a top priority for the region’s governments as they strive to diversify their economies away from a reliance on oil. The MENA region’s over 65 population as a percentage of the total population stood at 5.7% in 2019, this number is set to rise to 7.6% in 2030 and to 12.7% in 2050.2 This has also been accompanied by a rise in the prevalence rates of lifestyle diseases. The need to build modern, accessible and increasingly digital healthcare sectors has been further accelerated by the COVID-19 pandemic which has driven governments all over the world to rethink the way healthcare is accessed and the way in which services are delivered. In healthcare, the care model has shifted to preventative care and value-based payment models to curb the rising cost of care and drugs which has emphasized the requirement of putting patients at the center of healthcare decision-making through driving efficiencies in convenience, accessibility, transparency as well as the personalization of products and services. In turn, this has also sprung more focus on the widening demand-supply gap of skilled professionals, pressuring regulators to introduce digital therapeutics and alternative care to mitigate the global challenge of access to care and improve patient outcomes. Additionally, as digital healthcare proliferates globally and across the region, it is becoming more critical for governance systems to strengthen data privacy, build efficiencies, and close the digital divide.

Post-Acute Care

Post-acute care (PAC) refers to the continued post-hospitalization that provides care and rehabilitation services to patients recovering from surgery, chronic illness, mental illness, or disability. As the region’s aging population grows and lifestyle diseases become increasingly prevalent, countries around the GCC are having to confront with a widening gap between the demand for high-quality post-acute care services and their supply. To address this growing supply gap, governments across the region will look increasingly towards private players. Public-private partnerships in the PAC sub-sector are anticipated to grow in popularity over the coming years as governments work to diversify their healthcare budgets and optimize their specialized care offering.

Specialist Care

Investing in specialized healthcare allows investors to provide a more focused and tailored approach for patients, this is especially important for specific healthcare needs and the growing demand for quality healthcare services. Such specialty care aims to provide end-to-end holistic care including ENT, obstetrics & gynecology, dermatology & cosmetology, physiotherapy, dentistry, gastroenterology, orthopedics, while also providing internal medicine, and pediatrics services.

Others

On the healthcare front, we are taking part in the advancement of medial tourism and patient repatriation in the region, effectively leveraging our integrated healthcare platforms to offer high-quality specialized medical service that have the ability to compete with those offered by other emerging markets.

Investments

Cambridge Medical and Rehabilitation Centre (CMRC)

https://cmrc.com/

Investment Date: February 2021
85%
Stake

Cambridge Medical and Rehabilitation Centre (CMRC)

Cambridge Medical and Rehabilitation Centre (CMRC) is a provider of specialized rehabilitation and long-term care, with facilities in Abu Dhabi and Al Ain in the UAE, and Dhahran in Saudi Arabia. CMRC provides multidisciplinary and intensive rehabilitation for individuals suffering from a range of medical conditions such as strokes, brain or spinal cord injuries, or congenital conditions including Cerebral Palsy. CMRC is accredited by the Joint Commission International and Commission on Accreditation of Rehabilitation Facilities, the pre-eminent bodies for healthcare quality in the world.

3

Hospitals

275

Operation Beds

AED 873 MN

Amanat’s Investment

Sukoon International Holding Company (“Sukoon”)

https://sukoon.com.sa/

Investment Date: August 2015 & February 2016
70%
Stake

Sukoon International Holding Company (“Sukoon”)

Sukoon International Holding Company (“Sukoon”) provides post-acute extended care and critical care medical services to patients who are no longer suited for care within a traditional hospital setting. International Extended Care Center (IECC), Sukoon’s flagship JCI-accredited facility located in Jeddah, has current capacity of 130 beds with plans to increase physical capacity to up to 230 beds

1

Hospital

155

Operation Beds

AED 161 MN

Amanat’s Investment

Investments

Al Malaki Specialist Hospital

https://www.almalakihospital.com/

Investment Date: August 2018
69.24%
Stake

Al Malaki Specialist Hospital

Al Malaki Specialist Hospital is a premium multispecialty hospital located in the Kingdom of Bahrain. The facility provides end-to-end holistic care including ENT, obstetrics & gynecology, dermatology & cosmetology, physiotherapy, dentistry, gastroenterology, orthopedics, internal medicine, and pediatrics services. The facility launched its operations in March 2019.

1

Hospital

32

Operation Beds

AED 166 MN

Amanat’s Investment

Divestments

International Medical Center (“IMC”)

https://www.imc.med.sa/

Investment Date: December 2016 , Divestment Date: September 2021
11.13%
Stake

International Medical Center (“IMC”)

International Medical Center (“IMC”) operates a 300-bed multi-disciplinary tertiary care hospital that serves Saudi Arabia’s Western Region and targets the high-end segment of the market. In July 2019, IMC completed the acquisition of a medical complex in North Jeddah, comprised of a primary care center with over 100 highly qualified doctors; a state-of-the-art radiology center; and a stand-alone day-care surgery center with four ORs.

AED 361 MN

Amanat’s Investment

AED 433 MN

Amanat’s Divestment

Our Diverse Portfolio

Investment: NEMA

Higher Education

Investment: BEGiN

Education Technology

Investment: CMRC Real Estate

Social Infrastructure

Investment: CMRC

Post-Acute Care & Rehabilitation

Investment: MDX

Higher Education

Investment: NLCS

Social Infrastructure

Investment: Al Malaki Specialist Hospital

Specialist Care

Investment: Sukoon

Post-Acute Extended Care and Critical Care