Abu Dhabi-listed Waha Capital, in which the emirate's government holds a 15% stake, has said its Q2 net profit plunged by 90% to Dhs5.99m ($1.63m) from Dhs54.5m a year earlier, as earnings in invested firms slumped, Reuters has reported. The firm's revenues for the three months ending June 30 were Dhs76.7m, down 20%.