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
Saudi Arabia, other issuers gear up as Gulf bond crush looms

Saudi Arabia, other issuers gear up as Gulf bond crush looms

Cash-strapped region gears up for one of its heaviest-ever periods...

Saudi central bank fights to curb money rate rise

Saudi central bank fights to curb money rate rise

Commercial bankers say more radical steps may be needed to fight...

Are the troubles easing for Saudi construction giant Binladin?

Are the troubles easing for Saudi construction giant Binladin?

Gulf kingdom's biggest builder appears to have pulled back from...

Most Discussed
sponsoredTracking