Abu Dhabi investment firm Waha Capital plans to invest Dh3.2 billion ($872 million) in the short-term to grow its energy, healthcare and infrastructure portfolio, its chief executive said on Sunday.
Salem Rashid Al-Noaimi spoke to
Waha Capital has hedged 12 million shares it owns in AerCap Holdings and has sold a further 3 million shares in the aircraft leasing firm, providing Waha with $532 million in funding, the Abu Dhabi-listed company said on Thursday.
Mena Infrastructure, a private equity firm jointly owned by HSBC, Dubai-based Fajr Capital and Abu Dhabi's Waha Capital, aims to make its first foray into Turkey next year.
It plans to raise $500 million for its second sharia-
Abu Dhabi's Waha Capital has entered into a $575 million hedging deal on half of its stake in AerCap Holdings, the Emirati investment company said on Wednesday.
Waha will use the money to repay debt and fund new investments, a
Abu Dhabi investment firm Waha Capital said on Sunday it had bought a 20.56 per cent stake in Dubai-based oilfield services firm National Petroleum Services for $76 million, as part of an increased emphasis on the region's energy sector.
Abu Dhabi investment company Waha Capital posted a 78-percent jump in first-quarter profit on Tuesday as the sale of its stake in AerLift Leasing boosted the firm's income.
Waha Capital's net profit in the three months to
Abu Dhabi investment company Waha Capital has sold its stake in AerLift Leasing to an unidentified US firm for an undisclosed amount, Waha said on Sunday.
At the end of 2012, Waha had a 60.4 percent stake in AerLift Leasing, which
Abu Dhabi investment company Waha Capital had secured a new five-year $750 million credit facility, the company said on Monday.
The facility, comprising a term loan for $375 million and a revolving loan for the same amount, replac
Abu Dhabi investment firm Waha Capital has posted a 43 per cent jump in its annual profit for 2013 which hit Dh306.4 million ($83.42 million) from Dh214.4 million the year before following higher returns on its portfolio.
Abu Dhabi's Waha Capital, the largest shareholder in New York-listed aircraft leasing firm AerCap Holdings, plans to raise a $700 million loan mainly to refinance existing debt, three banking sources aware of the matter said.