Thursday, 9 February 2012

Abu Dhabi's Waha eyes doubling assets by 2017 - Banking & Finance - ArabianBusiness.com

Abu Dhabi's Waha Capital is considering to invest in the regional maritime and oil and gas sectors, as it aims to rely on its strong financing to double its assets over five years, its CEO said on Wednesday.
"By 2017 we should double our assets," Salem Rashid al-Noaimi, told Reuters in an interview.
"Our core areas will be maritime, offshore oil and gas support services, we know the space, we have strong cash flow," he said.

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