Abu Dhabi - Mubasher: Waha Capital delivered one of its strongest years on record, generating net profits attributable to shareholders amounting to AED 1.01 billion in 2025, compared to AED 381.27 million in 2024.
The solid performance was driven by increased fee income and value realization across portfolio assets, according to a press release.
Meanwhile, the basic and diluted earnings per share (EPS) attributable to the equityholders jumped to AED 0.54 last year from AED 0.20 in 2024.
The ADX-listed group generated total income valued at AED 1.89 billion as of 31 December 2025, an annual leap from AED 1.36 billion.
On the other hand, the total assets decreased from AED 14.21 billion to AED 5.59 billion.
Waha Capital also further strengthened its financial flexibility in 2025, as debt was reduced to approximately AED 552 million ($150 million), supported by proceeds from asset monetization and disciplined capital management, while finance costs declined materially year-on-year (YoY).
The group maintains access to a AED 1.47 billion ($400 million) revolving credit facility, extended to 2028.
Waleed Al Mokarrab Al Muhairi, Chairman of Waha Capital, commented: “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 monetized its completed assets and unlocked new development opportunities. Collectively, these achievements crystallized significant value, strengthened the balance sheet, and created capacity for reinvestment across priority platforms,” Al Muhairi stated.
He noted: “As Waha Capital enters its next phase of growth, the group is well positioned with enhanced liquidity, scalable platforms, and significant flexibility to invest in sectors offering compelling opportunities.”
Cash Dividends
In light of Waha Capital’s strong financial performance and cash generation in 2025, the board maintained its long-standing approach to shareholder distributions and has recommended a cash dividend of 10 fils per share.
However, the dividends proposal remains subject to regulatory and shareholder approvals at the company’s annual general meeting, with capital allocation decisions continuing to balance shareholder returns and reinvestment to support long-term growth.
Waha Capital recently joined the FTSE ADX Dividend Stars Index, the first dedicated income-focused benchmark equity gauge across the region.
