Friday 29 March 2024
 
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Waha

Total buys key Libyan oil firm stake for $450m

French energy company Total said it has acquired a 16.33 per cent stake in Libya's Waha concessions from Marathon Petroleum in a deal worth $450 million as part of its expansion strategy for  Middle East and North Africa (Mena ) region.

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Waha Capital completes sale of stake in UAE diagnostics firm

Waha Capital, a leading Abu Dhabi-based investment company, through its UAE healthcare subsidiary Anglo Arabian Healthcare (AAH) has completed the sale of its full equity stake in Proficiency Healthcare Diagnostics (PHD) to Al Borg Medical Lab

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Waha Capital completes sale of stake in UAE diagnostics firm

Waha Capital, a leading Abu Dhabi-based investment company, through its UAE healthcare subsidiary Anglo Arabian Healthcare (AAH) has completed the sale of its full equity stake in Proficiency Healthcare Diagnostics (PHD) to Al Borg Medical Lab

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Rotana unveils new Centro hotel in Riyadh

Rotana, one of the leading hotel management companies in the region, and eading investment manager Shuaa Capital Saudi Arabia (SCSA) have announced the opening of the Centro Waha Riyadh Hotel. This is the second hospitality projec

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Waha secures funding for Abu Dhabi industrial project

Waha Land, a wholly owned company of Waha Capital, has signed a Dh426-million ($116 million) financing package with Emirates Islamic Bank for further development of its Almarkaz light industrial real estate project, following the successful leas

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Waha secures funding for Abu Dhabi industrial project

Waha Land, a wholly owned company of Waha Capital, has signed a Dh426-million ($116 million) financing package with Emirates Islamic Bank for further development of its Almarkaz light industrial real estate project, following the successful leas

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AerCap to buy AIG aircraft leasing unit for $5.4bn

Insurer American International Group (AIG) has announced plans to sell its aircraft-leasing business to AerCap Holdings for $5.4 billion, after four years of trying to divest its biggest non-insurance business in fits and starts.

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Waha Capital Q3 profit soars

Waha Capital, an Abu Dhabi-based investment firm, posted a near fourfold increase in its third-quarter profit as income from its portfolio companies increased sharply. Waha posted a quarterly profit of 107.1 million dirhams ($29.2

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Waha Q2 profit plunges 90pc, share rally stalls

Abu Dhabi-listed Waha Capital, whose shares had surged ahead of a $1.5 billion bond issue, reported a 90-per cent decline in second-quarter profit on Sunday as earnings in invested firms slumped. Waha, which is involved in real estate and

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Waha may accelerate $3.3bn project

Abu Dhabi-based Waha Capital's property arm may begin work on the second phase of a Dh12 billion ($3.3 billion) mixed use development project earlier than planned. The move follows increased demand for affordable housing and industrial uni

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