The Abu Dhabi-based investment company Waha Capital reported a net profit of Dh349 million for the first half of 2015. AerCap Holdings, Dunia Group and Capital Markets Division heavily contributed to the company’s performance. The first half net profit of Dh349 million was 24% higher than the Dh 107.8 million net profit reached in the […]
Is the Economy Growing or Shrinking?
The first quarter of this year has left many economists and investors scratching their heads over how the U.S. economy has been doing and other economies around the world. Apparently the method in which economists at the Bureau of Economic Analysis use to determine the growth rate of the economy is faulty. They don’t take […]
Hussain al Nowais Discusses the Cole Hamels Trade Situation
When Cole Hamels told USA Today earlier this week that he’s a competitor and wants to win and it wasn’t going to happen in Philadelphia, the writing was on the wall: he didn’t want to be in Philadelphia anymore. Actually the writing on the wall has been there for a while; Amaro and the Philadelphia […]
Hussain al Nowais Discusses March Charity Events in Philadelphia
As the weather warms up, so do the hearts of Philadelphians. They don’t call it the City of Brotherly Love for nothing. However, with so many events out there, how does one know which event to choose? Ultimately, you’ll want to choose a cause that is near and dear to your heart, but if you […]
Hussain Al Nowais Hopes to Help Solve Egypt’s Energy Problems
Al Nowais Investments will be on the forefront of Egypt’s plan to build a new coal-powered energy plant. The coal plant will be the first of its kind in Egypt as the country aims to solve some of its energy woes. It has experienced a number of blackouts because of extreme heat, a surging population […]