Waha Capital PJSC delivered one of its strongest financial performances on record in 2025, reporting net profit attributable to shareholders of AED1.012 billion. The Abu Dhabi-listed firm on the Abu Dhabi Securities Exchange (ADX: WAHA) generated total income of AED1,897 million during the year.
Moreover, disciplined capital allocation, realised investment gains, and fair-value uplifts supported earnings growth. Additionally, a rising base of recurring fee income reinforced profitability. All three business pillars contributed to performance, while management materially reduced finance costs following balance-sheet deleveraging.
As of 31 December 2025, the company reported total assets under Investment Entity accounting, in which investments are measured at fair value rather than being consolidated line by line.
Strategic Positioning and Platform Expansion
During the year, the group launched an office in the Abu Dhabi Global Market (ADGM). Consequently, the move strengthened institutional engagement and regulatory positioning, while also enhancing access to third-party capital.
Waleed Al Mokarrab Al Muhairi, Chairman, Waha Capital, said, “In 2025, Waha Capital delivered one of its strongest financial performances in recent years, with net profit attributable to shareholders exceeding AED1 billion. This result reflected the consistent implementation of the group’s long-term investment strategy and its disciplined approach to capital allocation.
“During the year, Waha Investments’ funds continued their track record of outperformance while attracting additional third-party mandates. Private Investments completed one of its most profitable divestments to date, while Waha Land monetised its completed assets and unlocked new development opportunities.”
Outlook and Capital Deployment
Mohamed Hussain Al Nowais, Managing Director, Waha Capital, said, “Each of our three business pillars contributed to the progress made during the year. Waha Investments’ funds continued their track record of outperformance while scaling third-party mandates and fee income.
“Looking ahead, our priorities are clear: maintaining the performance of our award-winning funds while scaling third-party mandates; redeploying capital into priority sectors, including healthcare and real estate; and continuing to build scalable platforms that support growth.”
