Amanat Holdings to buy 69.3%stake in Bahrain's Royal Hospital for Women

Amanat Holdings, a leading healthcare and education investment company in the GCC, has acquired a majority stake of 69.3% in the Royal Hospital for Women in Bahrain for AED141.7m ($38.5m). The acquisition is in line with Amanat’s investment criteria to acquire high quality assets where it can generate long-term sustainable value. Hamad Abdulla Alshamsi, chairman of Amanat, said: “We are excited about this acquisition and its growth potential, underpinned by the favourable macroeconomic environment, the improved healthcare coverage in the Kingdom of Bahrain, the increase of private healthcare coverage and the unique and specialized service offering of the Royal Hospital for Women."