Abu Dhabi's Waha Capital in $34m H1 net profit

Waha Capital CEO Salem Rashid Al Noaimi.

Waha Capital CEO Salem Rashid Al Noaimi.

Abu Dhabi's Waha Capital reported a net profit of 123.7 million dirhams ($33.68 million) for the first half of the year aided by growth in its portfolio companies, the company said in a statement on Thursday.

Waha, whose shareholders include Abu Dhabi government entities, did not provide any quarterly numbers or a comparable figure for its first half profit in the statement.

The company owns a stake in New York-listed aircraft lessor AerCap Holdings and UAE consumer finance company Dunia Finance among others.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
Why banking in the Gulf will never be the same again

Why banking in the Gulf will never be the same again

New technologies are emerging in banking and finance at a rapid...

How Gulf SWFs have thrown funding lifeline to tech ventures

How Gulf SWFs have thrown funding lifeline to tech ventures

Saudi Arabia and other Gulf states have ploughed money into hot...

Saudi Arabia signals new investment strategies in $3.5bn Uber deal

Saudi Arabia signals new investment strategies in $3.5bn Uber deal

Deal makes the Public Investment Fund a player in the technology...

Most Popular
Most Discussed
sponsoredTracking