FINANCIAL NEWS

Abu Dhabi- Waha Capital to invest over USD 100mn

20 Mar 2016

(MENAFN) Waha Capital, the Abu Dhabi investment Co will invest at least USD 100mn in its core business, with the firm focusing acquisition deals this year.

In addition, the firm this year can be a “transformational year” for the business given that the Co. already has the power and ready to invest.

Moreover, future acquisitions will be in sectors like energy, infrastructure, financial services, health care and education.

Fiscal markets in the UAE and whole GCC area viewed much volatility starting from Q3 of 2014 until now, resulting in lower liquidity and weaker investment.

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