Amanat approves three new investment opportunities

Deals still subject to further discussions, approvals

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Dubai

Dubai-listed Amanat Holdings said on Thursday its board of directors has initially approved three new investment opportunities, subject to satisfactory transaction documentation.

The company said the new business opportunities are also still subject to further submission and final approval during upcoming meetings of the board of directors. In a statement to the Dubai Financial Market website, Amanat did not elaborate on what the investments are.

The company’s share prices ended 1.61 per cent higher, and were the third most actively traded on the Dubai bourse.

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