Abu Dhabi’s Waha Capital to invest in USD1.08b by 2020

17 May 2015

(MENAFN) Waha Capital, the United Arab Emirates investment firm, is set to invest USD1.08 billion by the year of 2020 over new investments, a corporate statement said, Reuters reported.

The decision came after the company recorded an increase in quarterly profits reaching to 20 percent, compared to the corresponding quarter a year ago.

‘We have more firepower to deploy and we are looking at several opportunities in the Middle East and North Africa region,’ the chief executive said in a statement.

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