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FINANCIAL NEWS
Abu Dhabi- Waha Capital plans USD54.5m investments in healthcare assets
13 May 2013
(MENAFN) Waha Capital’s COO, Michael Raynes, announced that the company would spend USD54.5 million on investments in the UAE’s healthcare assets, reported Arabian Business.
Furthermore, the Abu Dhabi investment company would also develop any healthcare assets it buys in 2013.
Raynes added that the company is focusing on making new investments, mainly in the healthcare; moreover, it eyes some investments in the education sector.
It is worth noting that Waha Capital has over USD27.22 million in cash, and as of March 31, it had around USD1.19 billion in assets.
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