The Abraaj Group Exits Middlesex University’s Dubai Campus for US$100 Million (MENA)

Source(s): Bloomberg | Author(s): Archana Narayanan and Matthew Martin

Global growth markets investor The Abraaj Group has agreed to sell its stake in the Dubai campus of U.K.-based Middlesex University to Amanat Holdings, a U.A.E.-based investor in health care and education, for approximately US$100 million. Abraaj acquired a stake in the overseas campus, which serves about 3,000 undergraduate and postgraduate students, in January 2017.