Abu Dhabi: Waha Capital, an Abu Dhabi-based investment company, approved a cash dividend of 30 per cent during the company’s annual general meeting held on Tuesday.
Hussain Al Nowais, the company’s chairman, said Waha increased its dividend distribution by 140 per cent in 2014 compared to the previous year.
The company’s financial statement for 2014 showed a net profit of Dh1.73 billion — a 466 per cent year-on-year increase compared to the Dh306.4 million recorded in 2013.
