Waha Capital Company

Logotype for Waha Capital Company
Ticker/ISIN
OILC
AEA000701010
Market/Country
Abu Dhabi Stock Exchange
United Arab Emirates
Latest Stock Price
1.73 AED
2024-02-21

Year to date

-0.03 %

3 months

0.00 %

6 months

0.00 %

1 year

0.00 %

3 years

0.00 %

5 years

0.00 %

Waha Capital is an Abu Dhabi-listed investment management company that leverages its emerging markets expertise, business networks and research capabilities to deliver superior returns to shareholders and investors in its funds. Founded in 1997, Waha Capital is one of the Emirate’s leading private sector investment houses, providing a world-class platform for investment and growth. The Company has a long-established track record of investing in public and private markets, deploying proprietary capital in alignment with third-party investors. The Public Markets business offers sophisticated investors actively managed emerging markets credit and equities funds, via a disciplined approach to investment and implementing distinctive strategies to deliver consistent market-leading returns. The Private Investments business pursues a multi-asset investment approach in private markets, with the flexibility to deploy capital across diverse sectors and geographies. The business leverages extensive international business networks to source deals and form co-investment partnerships. Counting Mubadala Investment Company as an anchor shareholder, Waha Capital is at the forefront of Abu Dhabi’s increasingly dynamic and entrepreneurial ecosystem, creating long-term value for shareholders, fund investors, employees, and communities. For further information on Waha Capital and its investment capabilities, please visit wahacapital.com

Latest Pressrelease Summaries

Waha Capital PJSC, an Abu Dhabi-listed investment management company, has refinanced its revolving credit facility with the support of four local and regional banks. The new facility is valued at US$400 million with a 3-year term, and it can be increased to US$500 million with the maturity date extendable by up to two years. The refinancing was met with strong interest and improved terms, indicative of the lenders' confidence in Waha Capital. The banks involved are Abu Dhabi Commercial Bank, Emirates Islamic Bank, Commercial Bank of Dubai, and Gulf International Bank. Waha Capital's Managing Director, Mohamed Hussain Al Nowais, highlighted the company's solid financial health and strong business performance as key factors in securing the enhanced terms. In the first half of 2024, Waha Capital achieved AED 205 million in net profit attributable to shareholders, a 21% increase year-on-year, driven by strong performance across its business segments.
Financial Results H1/Q2 2024 1 August 2024 Abu Dhabi Securities Exchange ticker: WAHA wahacapital.com
On 1 August 2024, the Board of Directors of Waha Capital PJSC held a meeting in Abu Dhabi. During this meeting, the Board approved the company's financial statements for the second quarter ending 30 June 2024, renewed the company's revolving credit facility, and discussed other general business matters. This notification was issued by the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange.
Waha Capital has released its management discussion and analysis for the period ending June 30, 2024. The document provides an overview of the company's financial performance, strategic initiatives, and market conditions during this period. Key highlights include revenue figures, profit margins, investment activities, and any significant changes in operations or management. The analysis aims to give stakeholders a comprehensive understanding of the company's current status and future outlook.
Resolution No. 447 of 2024 announces the temporary suspension of trading for Waha Capital Company shares. The suspension will start at 10:00 AM on August 1, 2024, to coincide with the company's Board of Directors meeting, and will remain in effect until the Abu Dhabi Securities Exchange (ADX) receives the meeting results. All ADX department heads are instructed to implement this resolution within their respective areas. The resolution will be circulated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and all accredited brokers. The resolution was approved by the authorized person and issued on July 30, 2024.
The Market Operations Surveillance Department of the Abu Dhabi Securities Exchange has issued a notice regarding the upcoming meeting of the Board of Directors of Waha Capital PJSC. The meeting is scheduled for Thursday, 1 August 2024, at 10:00 a.m. in Abu Dhabi. The agenda includes reviewing the company’s financial statements for the second quarter ending 30 June 2024, updates on the renewal of the company’s revolving credit facility, and other general business matters. This notification is signed by Paul Myers, General Counsel & Board Secretary, and a copy has been sent to the Securities and Commodities Authority.
On 23 July 2024, the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange received a communication from Waha Capital PJSC. The letter included the written approval from the Securities and Commodities Authority (SCA) for amendments to the Company's Articles of Association. These amendments had been previously approved by the Company's shareholders during the Annual General Assembly held on 26 March 2024. The letter was signed by Paul Myers, General Counsel and Board Secretary of Waha Capital PJSC. A copy of the communication was also sent to the Securities and Commodities Authority.
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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Waha Capital Company

Disclosures: Waha Capital Company Invitation to Attend AGM held on 26/03/2024 at 12:00

1. Attached Document

ADX News

ADX News

News Update From Waha Capital Company

ADX Disclosures: WAHA Resumption Notice

The website www.wahacapital.ae provides the report and consolidated financial statements for Waha Capital for the year ended 31 December 2023. The information includes details about the company's financial performance, investments, and other related financial activities throughout the year. The platform is designed for individuals interested in finance and investment, offering features such as follow, comment, etc.

1. Attached Document

ADX News

ADX News

News Update From Waha Capital Company

Disclosures: Waha Capital Company Press Release on the Financial Results for the Period Ended December 31,2023

The text announces the full year 2023 financial results of the company listed under the Abu Dhabi Securities Exchange ticker: WAHA. The results also include the fourth quarter of 2023 and the announcement was made on 13th February 2024. More details can be found on their website, wahacapital.com.

1. Attached Document

ADX News

ADX News

News Update From Waha Capital Company

Disclosures: Waha Capital Company Management Discussion and Analysis Report for the Period Ended December 31,2023

The website www.wahacapital.ae provides information about Waha Capital, a leading investment company based in Abu Dhabi. The site offers detailed insights into the company's management discussion and analysis for the year ended 31 December 2023. It includes an overview of the company's financial performance, investment strategies, market trends, and future prospects. The information is intended for individuals interested in finance and investing. The platform also has social features that allow users to follow updates, comment, and interact.

1. Attached Document

ADX News

ADX News

News Update From Waha Capital Company

Disclosures: Waha Capital Company Financial Results for the Period Ended December 31,2023

The website www.wahacapital.ae provides the report and consolidated financial statements for the year ended 31 December 2023. The information presented is intended for individuals interested in finance and investing, specifically in the operations of Waha Capital. The platform also offers social functionalities such as follow and comment features.

1. Attached Document

ADX News

ADX News

News Update From Waha Capital Company

Disclosures: Waha Capital Company Board Meeting Results held on 13/02/2024 at 21:00

The Board of Directors of Waha Capital PJSC held a meeting on February 13, 2024, and made the following resolutions: approval of the company's audited financial statements for the financial year ended December 31, 2023; approval of the recommendation for cash dividend distributions of 10 fils per share for the financial year ended December 31, 2023; and approval of the agenda for the Annual General Assembly Meeting of the company, inviting it to convene on March 26, 2024, or any other agreed date with the Securities and Commodities Authority.

1. Attached Document

ADX News

ADX News

News Update From Waha Capital Company

ADX Disclosures: Temporary suspension of trading on the shares of Waha Capital Company on 13 Feb 2024

Resolution No. 286 of 2024 announces a temporary suspension of trading on the shares of Waha Capital Company. This is due to a Board of Directors meeting scheduled at the same time as the trading session at ADX. The trading will be suspended from 09:00 on 13-Feb-2024 until ADX receives the meeting results. All department heads at ADX are required to implement this resolution in their respective fields. This resolution will be circulated to the SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 12/02/2024.

1. Attached Document

ADX News

ADX News

News Update From Waha Capital Company

Disclosures: Waha Capital Company Announcement of Board Meeting to be held on 13/02/2024 at 11:00

The Board of Directors of Waha Capital PJSC will hold a virtual meeting on Tuesday, 13 February 2024. The agenda includes the approval of the company's audited financial statements for the financial year 2023, a proposal for distributing a cash dividend for the financial year ended on 31 December 2023, a proposal for holding the Annual General Assembly Meeting of the company and approving the AGM's agenda, updates in relation to the company's management, and other general matters relating to the activities of the company and its projects.

1. Attached Document

ADX News

ADX News

News Update From Waha Capital Company

Disclosures: Waha Capital Company Announcement of Board Meeting to be held on 13/02/2024 at 11:00

The Board of Directors of Waha Capital PJSC will hold a virtual meeting on Tuesday, 13 February 2024 at 11:00 am. The agenda will include the approval of the company's audited financial statements for the financial year 2023, consideration of a proposal for distributing a cash dividend for the financial year ended on 31 December 2023, a proposal for holding the Annual General Assembly Meeting of the Company and approving the AGM’s agenda, updates in relation to the company’s management, and other general matters relating to the activities of the company and its projects.

1. Attached Document

ADX News

ADX News

News Update From Waha Capital Company

Disclosures: Waha Capital Company Board Meeting Results held on 14/12/2023 at 16:00

The Board of Directors of Waha Capital PJSC held a meeting via video conference on Thursday, 14 December 2023 at 10:00 am. During the meeting, the board reviewed and considered general matters related to the company's activities. The information was disclosed to the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange (ADX) and a copy was sent to the Securities & Commodities Authority (SCA).

1. Attached Document