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FINANCIAL NEWS
UAE’s Waha Corp to sell its USD575m stake in AerCorp
03 Sep 2014
(MENAFN) Abu Dhabi’s Waha Capital signed a USD575 million deal to sell half of its stakes in AerCap Holdings, Arabian Business reported.
Waha Capital said that it intends on using the money from the deal, which would reduce the company’s stake in AerCorp from 26.3 percent to 14.1 percent, to repay its debt as well as funding its new investments.
Meanwhile, AerCorp, which Waha Capital was its largest shareholder, announced buying an aircraft leasing business from American International Group in USD5.4 billion deal.
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BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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