Abu Dhabi investment company Waha Capital PJSC has reported a preliminary net profit of AED1.138bn for Q2 2014, up from AED 38.4 million recorded in the same period last year – a nine-fold increase. The record quarterly net profit for the company is reported to be due to the unlocking of part of the value in Waha Capital’s stake in AerCap Holdings, following AerCap’s acquisition of International Lease Finance Corporation (ILFC) in May 2014. Hussain Jasim Al Nowais, Chairman of Waha Capital, said: “These exceptional results are a testament to Waha Capital’s strong financial position and sound investment process. The

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