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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ADX News

News Update From Waha Capital Company

Disclosures: Waha Capital Company Announcement of Board Meeting to be held on 14/12/2023 at 10:00

The Board of Directors of Waha Capital PJSC is set to hold a virtual meeting via video conference at 10:00 am on Thursday, 14th December 2023. The meeting will discuss general matters related to the company's activities. This information was disclosed by Paul Myers, the General Counsel, to the Market Operations Surveillance Department at the Abu Dhabi Securities Exchange (ADX) and copied to the Securities and Commodities Authority.

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News Update From Waha Capital Company

ADX Disclosures: WAHA Resumption Notice

The text appears to be about a report and condensed consolidated financial statements for the nine-month period ending on 30th September 2023, provided by Wahacapital. The report is likely to detail the company's financial performance during this period.

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News Update From Waha Capital Company

Disclosures: Waha Capital Company Press Release on the Financial Results for the Period Ended September 30,2023

The text provides confidential internal information about the financial results of Mubadala for the third quarter and first nine months of 2023. The information was released on 2nd November 2023 and can be found on the Abu Dhabi Securities Exchange under the ticker 'WAHA' and on wahacapital.com.

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News Update From Waha Capital Company

Disclosures: Waha Capital Company Financial Results for the Period Ended September 30,2023

The text refers to a report and consolidated financial statements for Waha Capital. These documents provide financial information for a nine-month period ending on 30th September 2023.

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 September 30,2023

The website www.wahacapital.com provides information about Waha Capital, a leading investment company based in Abu Dhabi. As of 30 September 2023, the website includes a management discussion and analysis section. This section presents a detailed overview of the company's financial performance, strategic decisions, and future plans. It also highlights the company's achievements and challenges during the period. The website also offers social functionalities such as follow and comment features for users interested in finance and investing.

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ADX News

ADX News

News Update From Waha Capital Company

Disclosures: Waha Capital Company Board Meeting Results held on 02/11/2023 at 16:00

On 2nd November 2023, the Board of Directors of Waha Capital PJSC held a meeting via video conference. The board approved the company's Q3 2023 financial statements and some other matters related to the general business of the company. The notification was sent to the Abu Dhabi Securities Exchange (ADX) and a copy was forwarded to the Securities & Commodities Authority (SCA).

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News Update From Waha Capital Company

Disclosures: Waha MENA Equity Fund Rises to Top 10 in Global Hedge Funds

Abu Dhabi's Waha Capital PJSC's flagship Waha MENA Equity Fund has been ranked among the top 10 hedge funds globally in the Global Investment Report. The fund has been featured for five consecutive years in the world's top 50 hedge funds list, and this year it moved up five places to rank 10th. It is the only hedge fund managed from the MENA region to feature in the global ranking and is ranked first for the first six months of 2023. Since its inception in 2014, the fund has produced a cumulative return of 333.0%, equivalent to an annualised net rate of return of 16.2%. The company has over US$2 billion of assets under management and its other flagship funds have also achieved significant outperformance.

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ADX News

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News Update From Waha Capital Company

ADX Disclosures: Temporary suspension of trading on the shares of Waha Capital Company on 02 Nov 2023

Resolution No. 225 of 2023 temporarily suspends trading on the shares of Waha Capital Company. This decision, subject to article No. 16 of the Regulations concerning the Listing of Securities on ADX, was made as the company's Board of Directors meeting coincides with the trading session at ADX. Trading will be suspended from 09:30 on 2-Nov-2023 until ADX receives the meeting results. All heads of departments in ADX are required to execute this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was approved by the authorised person and issued on 31/10/2023.

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News Update From Waha Capital Company

Disclosures: Waha Capital Appoints BHM Capital as its Liquidity Provider

Waha Capital, an Abu Dhabi-based investment management company, has appointed BHM Capital as its liquidity provider following approval from the Abu Dhabi Securities Exchange. The partnership aims to enhance stability in Waha Capital's stock, encourage long-term growth opportunities, and facilitate access for regional and international investors. BHM Capital will provide stock liquidity services from 30 October 2023, which will encourage the trading of Waha Capital’s shares while decreasing the potential impact of market volatility.

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ADX News

ADX News

News Update From Waha Capital Company

Disclosures: Waha Capital Company Announcement of Board Meeting to be held on 02/11/2023 at 10:00

The Board of Directors of Waha Capital PJSC is set to hold a virtual meeting via video conference on Thursday 2 November 2023 at 10:00 am. The meeting's agenda will include the approval of the company's Q3 2023 financial statements and discussion of other general matters related to the company's activities. The information was disclosed by the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange (ADX). A copy of the notice was sent to the Securities and Commodities Authority.

1. Attached Document