AerCap, in which Waha
Capital owns a 14.1 per cent stake, recorded a 117.6 per cent year-on-year rise in earnings per share in the third quarter, with the increase largely attributable to the company's acquisition of ILFC.
The earnings announcement was made after the Board of Waha
Capital met today in Abu Dhabi.
This was partly due to a sharp rise in income produced by Waha
Capital's equities and fixed income funds and an increase in assets under management.
As part of this strategy, the company announced in July that a new chief executive, Amr Al Menhali, will join Waha
Capital in September 2019, bringing with him a track record of success after nearly two decades at leading UAE banks.
Capital, an Abu Dhabi-based investment company, has appointed Amr Al Menhali as Chief Executive Officer.
has invested in five funds from across the region and beyond that include BECO Capital, Middle East Venture Partners, 500 Startups, and European fund manager Finch Capital.
project is characterised by its excellent location in the Al Nu'man area, right beside the main road that connects the capital Muscat to the governorates of South and North Batinah.
HE Hussain Jasim Al Nowais, Chairman of Waha
Capital said that Waha
Capital has continually rewarded shareholders with robust dividend distributions thanks to a strategy of investment diversification that has focused on increasing free cash flow.
5 March 2018 - France-based energy producer Total (PAR: FP) (LSE: TTA) (NYSE: TOT) has acquired Marathon Oil Libya Ltd., which holds a 16.33% stake in the Waha
Concessions in Libya for USD 450m, the company said.
NOC further said that Waha
has immediately diverted production to the Samah line.