Waha Capital putting war chest to use

Waha Capital, an investment company based in Abu Dhabi with a "significant war chest", is mulling investing in new sectors including education and health care, its chief executive and managing director said yesterday.
.
Salem Al Noaimi was speaking after the firm reported net profit of Dh214.4 million (US$58.3m) for last year, up 38.1 per cent from Dh155.3m the year before. It marked the 10th year in a row of profitability for Waha, which started as an aircraft leasing company called Oasis International Leasing in 1997.
.
The company has evolved to add financial services, oil and gas and property to its portfolio.
Now it is looking to bolster its presence in those areas as well as other sectors of strategic importance to the Government, said Mr Al Noaimi.
.
Read more: http://www.thenational.ae/thenationalconversation/industry-insights/finance/abu-dhabi-investment-firm-waha-capital-putting-war-chest-to-use#ixzz2JvKkmNU5