Vision
Build successful, scalable and sustainable healthcare and education investment platforms in the MENA region and beyond.
Mission
To invest sustainably towards generating impact on society and creating value for our shareholders.
Values
Commitment
Empowerment
Partnership
Integrity
Ambition
Commitment
Empowerment
Partnership
Integrity
Ambition
Our Guiding Principles
Amanat’s strategic roadmap provides the business with a clear vision and action plan to deliver sustainable growth and increase total shareholder returns (TSR). Our strategy is based on a series of guiding principles aimed at generating value in both the short- and longer-term.
- Invest in healthcare and education and establish specialized platforms
- Establish majority positions in platforms with operational capability
- Grow earnings and improve key return metrics
- Deliver solid and sustainable returns to shareholders
- Drive long-term change across chosen sectors
Explore Our Platforms
Target Operating Model
Amanat’s target operating model is centered on building platforms from which to drive new organic and inorganic growth. More specifically, the Company’s large-scale, integrated platforms provide a solid base from which to complete new acquisitions, develop larger and more attractive companies for monetization, and create incremental value leveraging economies of scale and potential synergy extraction. Moreover, Amanat’s platform approach enables the Company to effectively expand AUMs, raise capital and leverage head office costs.
healthcare
Special Education and Care
The Special Education and Care (“SEC”) sector strengthens both Amanat’s Healthcare and Education platforms by expanding their reach to cater for people of determination. The SEC sector remains nascent in the region with significant gaps in the quality of service and access for people in need. These factors, along with increasing awareness, earlier diagnosis, and reduced social stigmas, provide strong underlying growth drivers for the sector. Amanat aims to lead the development of the SEC sector in the region with the goal of enhancing quality and outcomes for this segment of the population while creating a lasting and meaningful social impact on the communities we operate in.
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 services that have the ability to compete with those offered by other emerging markets.
enabling platforms
Venture Capital
Our Venture Capital Platform allows us to invest in rapidly growing education and healthcare technology players that are changing the provision of conventional academia and healthcare. We aim to develop and establish partnerships with leading international providers whose business models are transferrable to the region and integrated to derive value and create a source of accelerated development and competitive differentiation.
education
Higher Education
In recent years, an increasingly conducive and supportive operating environment, coupled with the region’s solid demographic profile, has enabled the GCC’s higher education sector to be an attractive opportunity for regional and global investors. Higher education has generally shown a strong resiliency through the pandemic period, with some institutions enjoying a net benefit stemming from lower mobility coupled with willingness from students to seek additional degrees and take additional courses and credit hours. Government initiatives have been aimed at increasing quantity and quality of the higher education options available, fostering the development of the regional sector and limiting the need for outbound mobility. The UAE is rapidly strengthening its position as an international higher education hub, as testified by the material increase in international students witnessed in our higher education portfolio.
K-12
The demand for private investors in the K-12 sector in the region continues to grow as governments aim to increase private participation in education. This has been further reinforced by a young and growing population and an increasingly affluent middle-class looking to spend on high-quality education. With significant progress visible in countries such as the UAE, other regional economies, such as KSA, are stepping up their efforts with several transformative measures being implemented to grow the private sector’s participation in this space.
Special Education and Care
The Special Education and Care (“SEC”) sector strengthens both Amanat’s Healthcare and Education platforms by expanding their reach to cater for people of determination. The SEC sector remains nascent in the region with significant gaps in the quality of service and access for people in need. These factors, along with increasing awareness, earlier diagnosis, and reduced social stigmas, provide strong underlying growth drivers for the sector. Amanat aims to lead the development of the SEC sector in the region with the goal of enhancing quality and outcomes for this segment of the population while creating a lasting and meaningful social impact on the communities we operate in.
Venture Capital
Our Venture Capital Platform allows us to invest in rapidly growing education and healthcare technology players that are changing the provision of conventional academia and healthcare. We aim to develop and establish partnerships with leading international providers whose business models are transferrable to the region and integrated to derive value and create a source of accelerated development and competitive differentiation.
Social Infrastructure
Our Social Infrastructure Platform offers Amanat an opportunity to create a sizeable and diversified portfolio of real estate assets while providing sustainable long-term lease relationships for our portfolio companies.
The Amanat Value-Add
As an active investor, Amanat provides comprehensive and hands-on management for its investments, leveraging its knowledge and expertise to build them into market-leading operations. We approach value creation through our three-pronged approach covering corporate strategy, corporate finance and corporate governance.
Corporate Strategy
Amanat works closely with management teams across its portfolio to develop and implement organic and inorganic growth strategies. In parallel, the Company also focuses on enhancing operations, driving efficiencies and capitalizing on cross-asset integration whenever possible.
Corporate Strategy
Corporate Finance
As part of Amanat’s support with regards to corporate finance, the Company primarily works with platform companies to formulate efficient financial strategies comprising capital structure optimization and the support of funding requirements. For the Company, this also entails leading in the execution of opportunistic add-on and bolt-on acquisitions, joint ventures, and public-private partnerships (PPP).
Corporate Finance
Corporate Governance
Amanat views strong corporate governance frameworks as a key component in supporting a business long-term growth ambition. As such, the Company works closely with its investments to develop and implement sound decision-making frameworks and to establish best-in-class processes and policies across its assets.
Corporate Governance
Meet Our Team
Mr. Hamad Abdulla Alshamsi
Chairman of The Board of Directors
Mr. Hamad Abdulla Alshamsi
Mr. Hamad is the Chairman at Amanat Holding PJSC (“Amanat”)
Mr. Hamad Abdulla Al Shamsi is a UAE national businessman, he has a wealth of experience that spans more than two decades, overseeing several businesses across multiple disciplines, including financial services and investments.
Mr. Al Shamsi was the CEO of a Private Investment Company specialized in investments and real estate development projects.
He also currently serves as a Board member of Dubai Islamic Bank and Americana. In addition, Mr. Al Shamsi was the Chairman of the Board of Directors at ADX, IHC and Al Qudrah Holdings and Board Member at Etihad Airways, Abu Dhabi Securities Exchange, Finance House and Al Hilal Bank.
Qualifications: Mr. Al Shamsi holds a Bachelor’s degree in Business Administration from UAE University and an MBA majoring in finance and banking.
Period served as a Board Member of the Company: following his election at the General Assembly held on 16 November 2017.
Dr. Ali Saeed Bin Harmal Aldhaheri
Vice Chairman
Dr. Ali Saeed Bin Harmal Aldhaheri
Dr. Ali is the Vice Chairman at Amanat Holding PJSC (“Amanat”)
Experience: Dr. Aldhaheri has over two decades of experience in business and a proven track record of success. Upon completing his MBA with distinction at the American University in Washington DC, Dr. Aldhaheri put his knowledge to work in founding, launching, and managing several successful business entities across a number of different sectors: IT, finance, education, tourism, and real estate. Recently, in keeping with his philosophy of continual learning, Dr. Aldhaheri completed his PhD at Durham University.
Dr. Aldhaheri has been involved at a senior level with government tourism and development strategies, MICE and education management, among others.
Dr. Aldhaheri currently holds a number of key positions, including Chairman and Founder of Abu Dhabi University, CEO of Nema Holding Company, Managing Director of Bin Harmal Group, Chairman of Liwa Education, and Chairman of Magna Investments.
Dr. Aldhaheri serves on various boards and committees, including Al Ramz Corporation, the Economic Cooperation Committee for Government and Private Sectors Abu Dhabi, Mohamed Bin Zayed University for Humanities, and Sandooq al Watan. He also serves as the First Vice Chairman of the Abu Dhabi Chamber of Commerce’s Board of Directors.
Qualifications: Dr. Aldhaheri holds an MBA with distinction from the American University in Washington DC and a PhD from Durham University.
Period served as a Board Member of the Company: following his election at the General Assembly held on 15 November 2020.
H.E. Mr. Hamad Rashed Nehail Alnuaimi
Board Director
H.E. Mr. Hamad Rashed Nehail Alnuaimi
H.E. Hamad Rashed Al Nuaimi is a Non-Executive Board Member at Amanat Holdings PJSC (“Amanat”)
He is truly dedicated to the region’s growth with a career spanning over two decades of wide-ranging experience as a proficient entrepreneur in Managing Investments, Real Estate Development, and Securities.
H.E. Hamad Rashed Al Nuaimi holds several executive positions, among them Managing Director of His Highness Sheikh Nehayan Bin Zayed Al Nehayan’s Office, Managing Director of His Highness Sheikh Dheyab Bin Zayed Al Nehayan’s Office and Assistant Undersecretary of Financial Affairs at Ministry of Presidential Affairs.
He also serves as a Chairman and Board Member on numerous leading Investment, Real Estate, Private and Public Sector Institutions in various industries. Among them, Vice Chairman of Alramz Corporation and Board Member of Arab International Bank.
Qualifications: H.E. Hamad Rashed Al Nuaimi holds a Bachelor’s degree from the Faculty of Economics and Administrative Sciences at United Arab Emirates University.
Period served as a Board Member of the Company: following his election at the General Assembly held on 16 November 2017.
Mrs. Sara Khalil Nooruddin
Board Director
Mrs. Sara Khalil Nooruddin
Mrs. Sara is a Non-Executive Board Member at Amanat Holdings PJSC (“Amanat”)
Ms. Sara Khalil Nooruddin is the Head of Private Investments at Osool Asset Management, where she has multiple years of experience in private investing and is responsible for sourcing, evaluating, and monitoring fund managers and investment opportunities globally. Osool is the investment arm of the Social Insurance Organization and the Military Pension Fund in Bahrain. She covers multiple asset classes, namely private equity, real estate, infrastructure and private debt. She has been with Osool since 2013. Prior to joining Osool, Ms. Nooruddin was a private equity analyst at Gulf International Bank (GIB).
Ms. Nooruddin currently serves on the Board of a London-based real estate company, Aegila Capital Management and the Al Malaki Specialist Hospital in Bahrain. She previously served on the Board of the Gulf Medical and Diabetes Center.
Qualifications: Ms. Nooruddin holds a BBA with a specialization in finance from George Washington University, USA and is a certified Chartered Financial Analyst (CFA).
Period served as a Board Member of the Company: following her election at the General Assembly held on 8 August 2019.
Mrs. Elham Al Qasim
Board Director
Mrs. Elham Al Qasim
Mrs. Elham is a Non-Executive Board Member at Amanat Holdings PJSC (“Amanat”)
Mrs. Elham Al Qasim is a senior executive and investment professional based in the UAE.
In her executive capacity, Mrs. Elham is currently the Chief Strategy & Technology Officer at Majid Al Futtaim Holding, responsible for developing their long-term strategy and operating model with a focus on driving sustainable value creation and growth.
Previously, Mrs. Elham has served as CEO of Digital14, leading over 1,000 staff in delivering cybersecurity and digital solutions.
Mrs. Elham also served as CEO of Abu Dhabi Investment Office (ADIO) and Executive Director of the Ghadan 21 programme at the Abu Dhabi Executive Office where she led the strategic planning for the government’s three-year, AED 50 billion investment programme aimed at accelerating Abu Dhabi’s economy.
Prior to this, Mrs. Elham was a Director of Mubadala Investment Company, focusing on Mubadala’s Technology and Industry portfolio. Her responsibilities included building investment/entry strategy, business development, value creation, post-acquisition asset management, and monetization. During this time, Ms. Elham also served on the executive leadership team of Emirates Global Aluminium and delivered a two-year post-merger integration program.
Mrs. Elham’s international career also includes JPMorgan Investment Bank, where she was part of the Global Diversified Industrials Team based in London, handling M&A transactions in chemicals, metals and mining, and infrastructure.
As a Non-executive Director, Mrs. Elham has served on a number of international and national public and private boards including Global Foundries, IHC, and Khalifa Fund. She is currently a Board Member of Bayanat, Al Ain Farms, and CMRC, and Vice Chairperson of Apex Holdings and Abu Dhabi University.
Mrs. Elham holds an MSc from the School of Social Policy at the London School of Economics, and a Bachelor of Business from the American University in Dubai. In April 2010, Mrs. Elham became the first Arab woman to ski to the North Pole.
Period served as a Board Member of the Company: following her election at the General Assembly held on 13 February 2020.
Mr. Dhafer Sahmi Al Ahbabi
Board Director
Mr. Dhafer Sahmi Al Ahbabi
Mr. Dhafer is a Non-Executive Board Member at Amanat Holdings PJSC (“Amanat”)
Experience: Mr. Dhafer is an accomplished executive, investor, and entrepreneur with over two decades of experience in managing investments. By capitalizing on his sharp business acumen, technical expertise, interpersonal skills, and strategic mindset, among other attributes, Mr. Dhafer was instrumental in penetrating new markets and achieving unprecedented growth for the companies he has previously founded and managed.
Mr. Dhafer is Chairman of Al Ramz Corporation PJSC. His previous appointments include a leadership position at Abu Dhabi Investment Authority; acting as a Board Member at First Gulf Bank, Abu Dhabi Islamic Bank, Invest Bank, and Al Wathba Insurance; and as the founder as well as a Board Member at Aabar Investments and Abu Dhabi University Holding Group.
Qualifications: Mr. Dhafer Al Ahbabi holds a bachelor’s degree in Economics from Al Ain University in the United Arab Emirates.
Period served as a Board Member of the Company: following his election at the General Assembly held on 15 November 2020.
Mr. Khalaf Sultan Al Dhaheri
Board Director
Mr. Khalaf Sultan Al Dhaheri
Mr Khalaf is a Non-Executive Board Member at Amanat Holdings PJSC (“Amanat”)
Mr. Khalaf Sultan Al Dhaheri brings a wealth of experience to Amanat’s Board of Directors having served on numerous boards. Mr. Al Dhaheri is the Chairman of Abu Dhabi National Islamic Finance and of Abu Dhabi National Properties Co. He also sits on the board of Abu Dhabi National Hotels, Al Masraf Arab Bank for Investment & Foreign Trade, Dar Al Takaful PJSC and Islamic Development Bank.
Mr. Al Dhaheri previously served as the Chairman of Massar Solutions PJSC, a Board Member of Emirates Institution for Banking and Financial Studies, and an Audit Committee Member of Abu Dhabi National Oil Company. Mr. Al Dhaheri also held numerous executive roles including Group Chief Operating Officer at National Bank of Abu Dhabi and General Manager & Chief Risk Officer of First Abu Dhabi Bank PJSC.
Qualifications: Mr. Al Dhaheri has been a Certified Public Accountant since May 2002 with the California Board of Accountancy, United States of America. He is also certified by the Advanced Management Program of Ashridge, Hertfordshire, United Kingdom, since 2006. Mr. Khalaf has been a Listed Auditor by the UAE Ministry of Economy since March 28, 2001, with Auditor Certificate No. 326. Also, he was awarded a B.Sc. in Accounting from UAE University in 1997 and a Master’s in Business Administration from Zayed University in 2005.
Period served as a Board Member of the Company: following his election at the General Assembly held on 10 June 2022
John Ireland
Acting Chief Executive Officer – Chief Financial Officer
John Ireland
John is the Acting Chief Executive Officer and Chief Financial Officer at Amanat Holding PJSC (“Amanat”). Prior to joining Amanat, John held senior finance, strategy, and business development roles across a variety of industries including real estate, media, and entertainment.
John previously was the CFO of several listed and private organizations in the region and internationally.
John holds a Bachelor of Arts in business management from the University of Exeter and is a Qualified Chartered Accountant.
Amer Jeambey
Head of Healthcare
Amer Jeambey
Amer is the Head of Healthcare Investments of Amanat. He joined the Company from Ithmar Capital Partners where he served as Director of Investments focusing on special situations investing across public and private equity. Prior to that he assumed the role of Vice President at CPC Africa a pan-African infrastructure investment company where he was responsible for business development and investment execution in West Africa. Amer joined CPC Africa from the global strategy consulting firm Booz & Company where he specialized in advising investment companies on strategy formulation, operating model design and portfolio optimization. He started his career working in investment banking for Audi Capital in Riyadh advising regional groups on mergers and acquisitions transactions. Amer holds an MBA from Columbia Business School in the city of New York, MA in Financial Economics and BA in Economics both from the American University of Beirut.
Fadi Habib
Head of Education
Fadi Habib
Fadi currently holds the position of Head of Education Investment Team at Amanat. Since joining Amanat in April 2015, Fadi has been instrumental in executing the Company’s mandate through evaluating investment opportunities and leading strategic initiatives at portfolio companies. He joined Amanat from Scotiabank Global Banking & Markets in Toronto, where he served as Senior Associate in Equity Research, covering publicly listed Canadian banks and insurance companies, the largest sector on the Toronto Stock Exchange with well over USD 300 bn in market cap. In the role, Fadi was a key member of one of Canada’s top-rated research teams renowned for the publication of actionable and market-moving investment recommendations. Prior to that, Fadi held roles in Corporate Banking and Asset Management at some of Canada’s top financial institutions. He is a CFA charter holder and holds a BSc in Engineering with Honors from Queen’s University in Canada and an MBA from McMaster University in Canada.
Celine Schreiber
People Champion
Celine Schreiber
Celine is the People Champion of Amanat. In this capacity, she is responsible for developing the human capital strategy and overlooking the company’s operations. Celine brings over 12 years of experience in running multi-stakeholder projects in consulting, research, and special initiatives and has a background in transaction advisory. Prior to joining Amanat, Celine led the Programs and Research Team at the Pearl Initiative, carrying out capacity-building programs on topics including corporate governance, anti-corruption practices, student initiatives, and women in leadership. She started her career as an M&A consultant within Ernest & Young’s Transaction Advisory, where she worked for six years, with a focus on sell-side transactions in the retail and healthcare sectors. She holds an MBA from IE Business School in Spain and a Master’s Degree from Vienna University of Business Administration in Austria.
Abdulrahman Al Suwaidi
Investor Relations Director
Abdulrahman Al Suwaidi
Abdulrahman is the Investor Relations Director of Amanat.
Abdulrahman brings over 10 years of extensive diversified experience in capital markets and formation, investor relations and business development. Until recently he worked with Dubai Holding as a Director of Investment and Portfolio Management where he was leading the capital formation function.
Prior to joining Dubai Holding and DXB Entertainments, Abdulrahman was part of the Investment and Business development team of Dubai Financial Market (DFM) in business development , where he was involved in creating a stakeholder engagement platform that resulted in various new listings and initial public offerings during 2013-2015.
Abdulrahman holds a Bachelor Degree in International Business from the University of Colorado in the United States.
Wael K. Abdallah
Investments Director
Wael K. Abdallah
Wael joined Amanat as a Director in the Investment team with the objective of leading buy-side and sell-side transactions, as well as driving value creation through portfolio management of existing assets. He joined Amanat from TVM Capital Healthcare Partners (“TVM”) where he served as Principal, supporting on fundraising, sourcing and screening new deals (buy-side), exit strategies (sell-side) as well as assisting the finance functions of TVM’s portfolio companies on adhoc financial budgeting and planning exercises.
Prior to that Wael spent more than seven years with Ernst & Young (“EY”) where he played a key role on multiple M&A transactions for listed companies on DFM and ADX as well as having supported on proposed IPO listings for UAE entities on LSE.
He holds a BBA from the American University of Beirut.
Nadim Salha
Investments Director
Nadim Salha
Nadim is an Investment Director at Amanat, covering Private Equity and Venture Capital Investments. He has overall 18 years of professional experience in the investment scene across the MENA & GCC regions.
Before joining Amanat, Nadim was Head of Investment at TAMM Investments, a privately owned investment group with a well-diversified portfolio of holdings across the GCC. Prior to that, Nadim was a Principal at B&Y Venture Partners, a Venture Capital firm investing in technology start-ups on a global level. Nadim has also worked in the Investment Banking department of Audi Capital – Bank Audi Group, where he was involved in the execution of numerous mergers and acquisitions as well as fund-raising transactions in the MENA region. In his early professional years, Nadim worked for PwC and Deloitte.
Nadim holds an MBA from INSEAD Business School, France, and a bachelor’s degree in Business Administration from the St. Joseph University of Beirut, Lebanon.
Simone Rocco
Investments
Simone Rocco
Simone is part of the Investment Team, focusing on both new acquisitions as well as management of portfolio companies. Prior to joining Amanat in June 2019, Simone was part of the MENA investment banking team of Barclays in Dubai, working on multiple transactions across M&A, ECM, DCM and Leveraged Finance. Prior to that, he worked for UBS Investment Bank in London and for Vitale&Co., an independent financial advisory boutique firm based in Milan. He holds a MSc in International Finance from HEC Paris and a BSc in Economics and Finance from Bocconi University.
Jad El Hajj
Investments
Jad El Hajj
Jad is part of the Investment Team, focusing on both new acquisitions as well as management of the current portfolio companies. Prior to joining Amanat in October 2021, Jad was part of the Investment Banking team at Bemo Securitization SAL (the investment banking arm of Banque BEMO), working on multiple transactions across M&A, Private Corporate Debt, Fiduciary Lending and Asset-backed Securitization Funds. He holds a BSc in Physics from the American University of Beirut.
Matthew Siddle
Investments
Matthew Siddle
Mathew is part of the Investment Team; before joining Amanat, he worked with Mizuho Gulf Capital Partners in private equity in the consumer goods, retail, and logistics sectors and was actively involved in portfolio management.
Prior to that, he worked at Citigroup in London as an investment banking associate, where he was involved in deals across the TMT sectors. Matthew started his career working in assurance at EY in London.
Matthew is a qualified Chartered Accountant and holds a Bachelor of Science in Accounting and Finance from the University of Bath in the United Kingdom.
Grigor Papazyan
Investments
Grigor Papazyan
Grigor is part of the Investment Team; before joining Amanat, he worked at VTB Capital, a leading investment banking group in Eastern Europe, where he worked on valuations, commercial due diligences, and investment strategies on multiple transactions across M&A, ECM, and leveraged finance.
Prior to that, he worked for EAC Partners, an independent financial advisory boutique firm based in Sydney, Australia.
Grigor holds an MSc in Finance from the University of New South Wales in Sydney, Australia, and a BSc in Business Administration from MGIMO University in Moscow, Russia.
Strategic Milestones
