Who we are

Waha Capital is an Abu Dhabi-listed investment management company that leverages its emerging markets expertise, business networks and research capabilities to deliver attractive returns to shareholders and investors in its funds.

Founded in 1997, Waha Capital is one of the Emirate’s leading private sector investment houses, providing a world-class platform for investment and growth. The company has a long-established track record of investing in public and private markets, deploying proprietary capital in alignment with third-party investors.

The Public Markets business (operated by Waha Investment PrJSC, a wholly owned subsidiary) offers sophisticated investors actively managed emerging markets credit and equities funds, via a disciplined approach to investment and implementing distinctive strategies to deliver consistent market-leading returns.

The Private Investments business pursues a multi-asset investment approach focused on direct investments, with the flexibility to deploy capital across diverse sectors and geographies. The business leverages extensive international business networks to source deals and form co-investment partnerships.

The Waha Land business develops and leases industrial and logistics facilities at ALMARKAZ in Abu Dhabi's Al Dhafra region, strategically leveraging the UAE’s expanding industrial infrastructure, to grow its institutional-grade assets and contribute to portfolio diversification and long-term value creation.

Counting Mubadala Investment Company as an anchor shareholder, Waha Capital is at the forefront of Abu Dhabi’s increasingly dynamic and entrepreneurial ecosystem, creating long-term value for shareholders, fund investors, employees, and communities.

Cultures
and values

As we operate in a fast-paced industry, the following shared values help us to remain focused and enable us to create synergies together.

Performance-driven

We work hard, and value hard work to achieve our goals.

Collaboration

We work together with each other, across all levels of the Company to ensure success.

Accountability

All of our actions are held to account by one another, as well as by our investors and shareholders.

Ambition

We have a strong determination to be the best in what we do.

Integrity

We operate following best-in-class industry standards to safeguard and continuously grow our investments.

Our Vision

To be a global player within emerging markets that invests and delivers strong and sustainable returns for our shareholders and investors.

Our Mission

To deliver steady returns consistently to shareholders and investment partners facilitated by an experienced team of investment professionals with in-depth market insights and a broad international network.

Our Promise

In line with best-in-class industry standards, we operate in alignment with robust corporate governance standards, as an ADX-listed investment management company. We continue to leverage on our business networks and research capabilities to deliver attractive returns for shareholders and investors.

Our Business

As one of the Emirate’s leading private sector investment houses, we provide a world-class platform for investment and growth. The Company has a long-established track record of investing in public and private markets, deploying proprietary capital in alignment with the interests of its third-party investors. Explore More

Waha Investment

Offers sophisticated investors actively managed emerging markets credit and equities funds, via a disciplined approach to investment and implementing distinctive strategies to deliver consistent market-leading returns.

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Private Investments

Pursues a multi-asset investment approach, with the flexibility to deploy capital across diverse sectors and geographies. The business leverages extensive international business networks to source deals and form co-investment partnerships.

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Board of Directors

Waleed Al Mokarrab Al Muhairi

Chairman, Waha Capital

Mr. Al Muhairi serves as Mubadala’s Deputy Group Chief Executive Officer and has strategic oversight of the company’s broad investment portfolio and special projects at the group level. He is also a member of the investment committee, which is mandated to develop Mubadala’s investment policies, establish investment guidelines, and review proposed projects and investments to ensure they are in line with business objectives.

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Ahmed Al Dhaheri

Vice Chairman

Mr. Al Dhaheri is the Honorary Chairman of Ali and Sons Holdings LLC and the Chairman of Hily Holdings PJSC. He is also a board member of Al Wathba National Insurance Company Co PJSC, Abu Dhabi Aviation PJSC and Al Ramz Corporation. In addition, he is the founder and Chairman of AAK Investment – Sole Proprietorship LLC.

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Rasheed Al Omaira

Director

Mr. Al Omaira holds board positions for Al Wathba National Insurance Company and Abu Dhabi National Company for Building Materials (Bildco) and he was the Chairman of Vision Capital Brokerage Company.

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Nader Al Hammadi

Director

H.E. Nader Al Hammadi is an established member of the Abu Dhabi business community. He is the Chairman of Abu Dhabi Aviation, and Emirates Reem Investment Company (ERC). He also holds board positions at several companies including Royal Jet, Abu Dhabi Airports and Emirates Driving Company.

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Mohamed Al Nowais

Director

Mr. Al Nowais joined Waha Capital as Managing Director in May 2023, bringing with him a wealth of knowledge and extensive experience in the investment sector.

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Homaid Al Shimmari

Director

Mr. Al Shimmari is the Deputy Group CEO and Chief Corporate & Human Capital Officer in Mubadala Investment Company. He has an oversight of Mubadala’s Business Services, Enterprise Technology Services, Government Affairs, Construction Management Service, Employee Career Growth, Talent Acquisition, Learning and Development, Performance Management and Emiratisation.

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Ms. Sanaa Alketbi

Director

Ms. Sanaa is the Chief Executive Officer of RDK Group. She is also a board member of Al Wathba National Insurance Company Co PJSC.

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Mr. Darwish Alketbi

Director

Mr. Darwish is the Group Head of Investment of Saif Bin Darwish Company. Having previously served as Investment & Portfolio Manager of Saif Bin Darwish Company.

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Mr. Ahmad Alqassimi

Director

Mr. Ahmad is the Managing Director of SAAS Properties, as a Chairman of SAAS Investments. Having previously served as Vice Chairman of Megal Mall Sharjah.

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Management Team

Mohamed Al Nowais

Managing Director

Mr. Al Nowais joined Waha Capital as Managing Director in May 2023, bringing with him a wealth of knowledge and extensive experience in the investment sector.

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James Finucane

Chief Financial Officer

Mr. James Finucane is the Chief Financial Officer of Waha Capital PJSC, having joined the company in March 2024. Mr Finucane joins the Company from Aldar Properties where he served as Group Treasurer for 4 years. Before joining Aldar he worked as treasury and corporate finance manager for Emirates Steel Arkan and also assisted Senaat, an Abu Dhabi Government industrial holding company, with its project financing activities. Mr Finucane has over 20 years’ experience in senior finance roles in Europe and the Middle East, with a focus on debt procurement, risk and liquidity management and corporate finance. Mr. Finucane is a Chartered Accountant, having qualified with KPMG Luxembourg.

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Mohamed El Jamal

Chief Investment Officer, Chief Executive Officer, Waha Investment

Mr. Mohamed El Jamal joined Waha Capital in 2010 and since that time, he has been instrumental in setting-up and leading Waha Capital’s Public Markets business.

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Hitesh Gupta

Head of Private Investments

Mr. Hitesh Gupta leads waha’s capital private investment business. He is responsible for a broad global investment mandate, that is executed through two portfolios - “Global opportunities” and “Core”. The fully flexible global opportunities portfolio targets investments in the alternative space with high risk-adjusted returns. The core portfolio targets stable, cash-generative assets within the MENA region.

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Yazid Ben Salem

Head of Business Development, Waha Investment

As the Head of Business Development at Waha Capital, Mr. Ben Salem is responsible for driving the company's growth both regionally and internationally. Building upon Waha Capital's track record of success, he is working to expand the company's product portfolio as well as diversifying third-party investments to further accelerate progress.

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Maher Mansour

Head of Investor Relations & External Communications

Mr. Maher Mansour joined the Company in December 2022 and is the Head of the Company’s Investor Relations and External Communications functions.

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Said Djebbar

Head of Risk

Mr. Said Djebbar joined the Company in January 2023 and is the Head of the Company’s Risk Management function.

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Paul Myers

General Counsel and Company Secretary

Mr. Paul Myers joined the Company in August 2020 and is responsible for the Company’s legal and regulatory affairs, corporate governance, compliance and company secretarial functions.

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