(MENAFN) Waha Capital, the United Arab Emirates investment firm, is set to invest USD1.08 billion by the year of 2020 over new investments, a corporate statement said, Reuters reported.
The decision came after the company recorded an increase in quarterly profits reaching to 20 percent, compared to the corresponding quarter a year ago.
'We have more firepower to deploy and we are looking at several opportunities in the Middle East and North Africa region,' the chief executive said in a statement.
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