Waha Capital 2Q16 profit falls on lower income and higher costs
Waha Capital reported a net profit of AED130mn for 2Q16, down 22% Y-o-Y on lower income from financial investments and higher costs. Waha lifted its stake in AerCap to 16.4% from 13.5% in December 2015 after acquiring additional shares during 1H16. (Reuters)
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