ADX-listed Waha Capital H1-2023 web revenue up 221% at Dh318 million

Abu Dhabi: Abu Dhabi based mostly funding firm reported a 221 per cent improve in web revenue year-on-year to Dh318 million for H1-2023 – equating to a return on fairness of 12.6 per cent. The corporate delivered document numbers on the again of wholesome returns from its capital markets funds and better price revenue from managing third-party belongings.

“Our funding groups have continued to create worth whereas managing threat amid heightened uncertainty in international markets,” stated Mohamed Hussain Al Nowais, Managing Director. “Our flagship rising markets credit score and fairness funds have continued to ship distinctive returns to the corporate and our shoppers.”