Dubai-listed Amanat Holdings, a leading GCC healthcare and education company, has acquired an additional 10.03% stake in Cambridge Health Group (CHG), GCC’s leading provider of post-acute, rehabilitation, and long-term care services, for AED105m (US$26m), completing the full acquisition of CHG. The news, which support Amanat’s long-term commitment to scaling the GCC’s post-acute and rehabilitative care business, concludes a phased acquisition process, including the circa 3% stake acquired earlier in June 2026. The deal values CHG at around AED1bn.
“Full ownership allows us to move with greater speed and conviction behind a business that is already outperforming,” said John Ireland, CEO of Amanat.
CHG’s next phase of strategic development is to target more than 1,000 beds across the GCC. It currently offers 715 beds across six facilities in the UAE and Saudi Arabia, supported by more than 1,200 healthcare professionals.
CHG delivered record FY2025 performance, with revenue increasing 11% year-on-year to AED404m and EBITDA rising 14% to AED100m. Revenue increased by 27% in Q1 2026, with EBITDA growing by 49%, and profit increasing six-fold year-on-year.
“Completing the full acquisition of CHG marks a defining moment for Amanat and reflects our strategic commitment to one of the most compelling healthcare businesses in the GCC,” said Dr Ali Saeed bin Harmal Aldhaheri, chairman of Amanat.
