19 Hrs
Source:
الاقتصادية
Amanat posts 153.3M AED profit in H1
Amanat Holding Company achieved a profit of 153.3 million dirhams during the first half of 2026, reflecting a 46% increase. The company approved interim dividend distributions totaling 75 million dirhams and expanded its investments in the healthcare and education sectors. Its revenues rose by 24% to 582.5 million dirhams, while earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 30% to 226.4 million dirhams. The company plans to invest approximately 1.5 billion dirhams over the next three years in organic expansions, new projects, and acquisitions, with a target return on equity of at least 10%, and annual cash dividends of no less than 7 fils per share. Amanat continued to grow its projects, with the number of beds at Cambridge Health increasing by 18% to reach 666 beds, and the number of beneficiaries at Al Masar Al Shamel for Education doubling to nearly 28,900 students.
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