Waha Capital, an investment management company which counts Mubadala Investment Company among its shareholders, swung to a Dh93.9 million ($25.6 million) second quarter net profit attributable to owners, driven by healthy returns from its capital markets business.
The company recorded a loss of Dh59.3 million for the corresponding period of 2022, it said on Friday in a statement to the Abu Dhabi Securities Exchange, where its shares are traded.
It also reported a net operating income of Dh259 million during from April to June, compared with a loss of Dh54.2 million for the corresponding…
