(MENAFN) Waha Capital, the Abu Dhabi-based investment firm, said it is expecting a growth of its assets of about 25 percent in the next two or three years, due to the firm's plan to invest USD500 million in the region's energy, healthcare and education sectors during that period, Emirates 24/7 reported.
Waha, which has a stake in New York-based AerCap Holdings, as well as acquiring a 20.56 percent stake in Dubai-based National Petroleum Services (NPS) for USD76 million in its first energy-related deal, which the firm said it might increase, said its assets has reached USD1.8 billion in June this year.
The firm also said it is looking to expand its investments by looking at investments in the healthcare and education sectors, with investments in healthcare, which will be worth a couple of hundreds of million, expected to be made through Anglo Arabian Healthcare, a UAE-based group in which Waha has a 97 per cent stake, as well as having plans to invest USD68.04 million in the education sector.
The firm also said it has plans to increase its investments in regional equities and emerging market public debt.
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