Waha Capital Launches Income Generating Islamic Fund

Abu Dhabi, 19 September 2020: Waha Capital PJSC, a leading investment company in Abu Dhabi (ADX: WAHA), announced today that Ahmed Khalifa Al Mehairi has been appointed in succession to Amr AlMenhali as CEO of the company.

During his tenure as CEO, Amr AlMenhali delivered on a transformational turn-around strategy and mapped out a transition plan designed to build on Waha Capital’s growth trajectory.

Amr AlMenhali will assume a senior role within Abu Dhabi.

Ahmed Khalifa Al Mehairi joins Waha Capital from the Abu Dhabi Investment Council, where he has been a Principal at the Global Special Situations Department. He previously worked in the field of equities investment at Abu Dhabi Investment Authority (ADIA). He is also currently a Board member at Abu Dhabi National Hotels Company. Ahmed Khalifa Al Mehairi will join Waha Capital on 18 October 2020.

Waleed Al Mokarrab Al Muhairi, Chairman of Waha Capital, said: “We sincerely thank Amr AlMenhali for the strong leadership and valuable contribution that he has brought to Waha Capital during his tenure.  He presided over a turn-around in the company under volatile market conditions, which has included the initiation of a new investment program and the adoption of an ambitious international growth strategy. Ahmed Al Mehairi brings with him extensive experience and expertise in asset management and investment strategy, and we are pleased to welcome him to lead the company going forward in its next chapter of growth.”