ADDAX Bank
In December 2007, Waha Capital acquired a 42.5% stake in Bahrain-based Addax Bank, a full-service investment bank providing corporate finance, investment banking and fund management under the license and regulation of the Central Bank of Bahrain.
The rapidly maturing and deepening capital markets of the GCC provide a promising
environment for Addax’s activities, especially given its strong track record of advisory and capital market transactions in hospitality, education, real estate, IT, aviation, infrastructure, media and financial services since its founding in October 2003.