Rahul Sharma (Editor)

Waha Capital

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Trading name
  
Al Waha Capital PJSC

Type
  
Public company

Industry
  
Investment

Key person
  
Hussain Al Nowais

Native name
  
الواحة كابيتال

Traded as
  
ADX: WAHA:UH

Founded
  
1997

Waha Capital toolseurolandcomfactsheetaewahaimglogojpg

Key people
  
Salem Al Noaimi, CEO Hussain J. Al Nowais, Chairman

Headquarters
  
Abu Dhabi, United Arab Emirates

Subsidiaries
  
Waha Capital PJSC, Asset Management Arm

Waha capital chairman hussain al nowais on the investment climate in the uae the gcc


Waha Capital (traded as ADX: WAHA:UH) is an Abu Dhabi-based investment company focused on opportunities across the global emerging Middle East markets.

Contents

Since its foundation in 1997, Waha Capital has invested in five strategic sectors; offshore oil and gas services, aircraft leasing, financial services, healthcare and Infrastructure. As of 31 March 2015, the firm had total assets of US$2.7 billion under its management.

Waha capital ceo md salem al noaimi on past wins future plays


History

The firm was founded by an Emirati businessman Hussain J. Al Nowais as Oasis International Leasing Company in 1997. Initially, the company operated as a leasing company of high-value assets, including aircraft, ships and infrastructure. As of 2000, the firm's shares are listed on the Abu Dhabi Securities Exchange.

Investment strategies

As the central part of the firm's investment strategy, Waha Capital is focused primarily on the MENA region’s emerging economies that are undergoing transition and set to grow. It makes direct investments commercially across a number of sectors and regional infrastructure funds.

Primary Investments

  • AerCap
  • Dunia Finance
  • Anglo Arabian Healthcare
  • Stanford Marine Group
  • Mena Infrastructure Fund
  • National Petroleum Services
  • Almarkaz
  • Structure and key personnel

    Waha Capital is an Abu Dhabi-based investment group established in 1997 by its current Chairman Hussain J. Al Nowais. The firm initially began as a leasing company, Oasis International Leasing Co. and rebranded itself in 2007 as Waha Capital to focus on the investment business. Waha Capital also recruited various renowned investors such as Salem Al Noaimi and Abubaker Seddiq Al Khoori to help serve as directors and oversee the firm’s management. It operates regionally from Abu Dhabi, increased its number of investment professionals to 75 in 2015 to manage a total asset value of US$2.7 billion (AED9.8 billion).

    Awards

  • In 2015 Waha Capital has been awarded the “Cross border deal financing of the year” award by the M&A Advisor.
  • In 2014 Waha Capital has secured the “Corporate Deal of the Year” award by the Banker Middle East magazine.
  • Major acquisitions and investments

  • In 2015, the firm launched its second infrastructure fund with a value of $500 million.
  • In 2010, acquisition of a 20% stake in NYSE listed AerCap, the stake rose to 26.3% in 2014.
  • In 2014, acquisition of 90% stake of National Petroleum Services in Saudi Arabia, UAE, Qatar, Algeria, Malaysia, Brunei, India and Turkmenistan.
  • In 2013, Waha Capital acquired Anglo Arabian Healthcare group, based in Abu Dhabi, Sharjah, and Ajman.
  • In 2008, the firm co-sponsored $300 million MENA Infrastructure Fund I with 17.9 percent limited partner investment in it.
  • In 2008, acquisition of 70% of Stanford Marine Group in Dubai.
  • In 2008, the firm invested in Dunia Finance along with other investors.
  • References

    Waha Capital Wikipedia