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Amanat Holdings acquired Middlesex Associates from Abraaj Group for AED369m.

Synopsis

Amanat Holdings acquired Middlesex Associates, which owns and operates Middlesex University Dubai, from Abraaj Group for AED369m. Hamad Abdulla Al Shamsi, chairman of Amanat, said the acquisition of Middlesex University Dubai represents another milestone for Amanat, marking its sixth portfolio company. "Having successfully acquired 100% of the university and deployed 73% of our capital, Amanat demonstrates its commitment to a more active investment strategy."

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