Waha Capital PJSC is an Abu Dhabi-based, diversified investment holding company with interests in aircraft and other big-ticket asset leasing, maritime, land development and financial services. Listed on the Abu Dhabi Securities Exchange, Waha Capital operates on a global scale but has roots dating back to 1996 and is a front-runner in the phenomenal growth of the emirate of Abu Dhabi, the capital of the United Arab Emirates.
Through strategic partnerships, joint ventures, M&A activities and organic growth, Waha Capital is evolving as a world-class force in its targeted sectors of activity. The company benefits greatly from its location in Abu Dhabi, which is undergoing a dramatic economic expansion, driven by a far-reaching economic diversification strategy and fuelled by a strong natural resource base.
Waha Capital also benefits from a prominent roster of local shareholders, including Mubadala Development Company and the Abu Dhabi Investment Company; distinguished board members such as H.E. Hussain Al Nowais, the company’s Chairman; and a management team with regional and international experience from leading blue-chip corporations and financial institutions.
The company operates across four subsidiaries: Waha Leasing, Waha Financial Investments, Waha Land and Waha Maritime – each of which seeks to be a leader in its field. The sectors in
which these companies operate have been identified as offering exceptional growth opportunities, particularly given the supportive economic environment in Abu Dhabi and the UAE. Their activities include: the leasing of commercial aircraft and maritime assets; infrastructure assets, such as cooling plants; residential, commercial and industrial real estate development; shipping and offshore services and support; infrastructure funding; investment banking; and private equity.
Everything that Waha Capital does is enhanced by a commitment – from the Board of Directors and management – to global best practices in corporate governance, transparency and corporate citizenry. This, in turn, provides tangible benefits to Waha Capital’s shareholders, partners, employees and other stakeholders.
The holding company’s origins date back to 1997, when Oasis International Leasing Company PJSC was established to provide financing and leasing on big-ticket assets such as aircraft, ships and infrastructure assets. In February 2008, the company announced a restructuring and a re-branding that sought to build on its 12 years of expertise in the leasing segment while building on, and supporting, Abu Dhabi’s economic diversification strategy. Oasis Leasing thus became Waha Capital (“waha” means “oasis” in Arabic) and added three new business lines: maritime, land development and financial investments.