Font Size

- Aa +

Thu 1 Aug 2013 01:28 PM

Font Size

- Aa +

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

Company owns a stake in US aircraft lessor AerCap Holdings and UAE's Dunia Finance

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

For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.