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News Abu Dhabi's Waha Capital to Invest $5.5 Billion in Real Estate
News Abu Dhabi's Waha Capital to Invest $5.5 Billion in Real Estate | Abu Dhabi's Waha Capital to Invest $5.5 Billion in Real Estate | | Print | |
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Oasis International Leasing Co.
PJSC, an Abu Dhabi-based leasing company, said it had been
reorganized into Waha Capital PJSC and planned to invest 20
billion dirhams ($5.5 billion) over the next three years.
The investments include 15 billion dirhams in real estate, including in building warehouses and logistics facilities, as well as middle-class housing and labor camps, Waha Capital said in a statement to the Abu Dhabi bourse Web site today. Waha Capital will have four main businesses, including leasing, financial services, real estate and maritime, the statement added. Each of these businesses will be handled by a separate subsidiary. |
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