Abu Dhabi-listed Waha Capital finalised a $1.8 billion financing deal for the United Arab Emirates Armed Forces to buy Airbus and Boeing military aircraft, the firm said on Tuesday.
The financing deal enables the military to buy three Airbus A-330-200s at a cost of $1.2 billion and six Boeing C-17 planes worth $634 million, it said in a statement.
Waha, formerly known as Oasis International Leasing Co, changed from a solely leasing company into an investment company in 2008 with four subsidiaries, including real estate, financial services, leasing and maritime.
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