Forbes Middle East

28. WAHA CAPITAL

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CEO: Ahmed Khalifa Al Mehairi Country: U.A.E. Establishe­d in: 1997

AUM: $1.4 billion

Waha Capital is listed on the Abu Dhabi stock exchange and invests in both local and internatio­nal markets. In 2020, it reported total income of $243.6 million. Last year, it also launched the Waha Capital Islamic Income Fund, which invests in Shariahcom­pliant assets across the sukuk and equity markets. CEO Ahmed Khalifa Al Mehairi previously held roles on the Abu Dhabi Investment Council and at the Abu Dhabi Investment Authority. He is a board member at the Abu Dhabi National Hotels Company and previously served on the boards of Al Dar Properties PJSC, Etihad Airways, and the Abu Dhabi National Energy Company.

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