Waha Capital
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 | |
| Al Waha Capital PJSC | |
Native name | الواحة كابيتال |
Company type | Public company[1] |
| ADX: WAHA:UH | |
| Industry | Investment |
| Founded | 1997 |
| Headquarters | |
Key people | Waleed Al Mokarrab Al Muhairi, Chairman, Mohamed Al Nowais, Managing Director |
| Products | Asset Management, Private Investments, MENA Equities, Fixed Income, Value Fund |
| Website | www |
Waha Capital is an Emirati investment company based in Abu Dhabi.[2][3]
It was founded in 1997.[4][5][6]
As of December 2019, the firm had total assets of AED 9.3 billion/ US$2.5 billion under management.[7]
The firm was founded by an Emirati businessman Hussain J. Al Nowais as Oasis International Leasing Company in 1997.[8] Initially, the company operated as a leasing company of high-value assets, including aircraft, ships and infrastructure.[9][10] As of 2000, the firm's shares are listed on the Abu Dhabi Securities Exchange.[11]
Investments
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.[12][13] It makes direct investments commercially across a number of sectors and regional infrastructure funds.[14]
Primary Investments
Structure and key personnel
Waha Capital is an Abu Dhabi-based investment group established in 1997 and is currently being led by its current Chairman Waleed Al Mokarrab Al Muhairi and its Managing Director Mohamed Al Nowais, as of 11 May 2023.[19] Other notable figures include Ahmed Bin Ali Al Dhaheri and Homaid Al Shimmari [20] 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.[21]