Dana gets $48 million payment for Iraq
Dana Gas has received $48 million in overdue payments for fuel supplied in Kurdistan, the United Arab Emirates based company said…
December 4, 2012 11:22
Dana Gas agrees to develop UAE field for 2014 start up
Dana Gas has agreed with the governments of Sharjah and Ajman to develop a gas field off the two emirates’ coasts with production…
November 22, 2012 10:18Sharjah’s Crescent Petroleum fill the gaps
United Arab Emirates-based Crescent Petroleum is gearing up for expansion in the Iraqi oil and gas sector and a debut into Libya and Lebanon, its…
November 13, 2012 8:33
First UAE company to not pay sukuk
Saudi and Kuwaiti companies have defaulted on Islamic bonds in the past, leading to complex debt negotiations which have dragged on for years.
October 31, 2012 10:00
UAE’s Dana Gas shuffles board amid debt talks
Sharjah-based Dana Gas, the energy firm which has a $1 billion Islamic bond, or sukuk, due in October, has appointed a new chairman, it said in a bourse filing on Sunday.
June 10, 2012 5:50
Dana Gas says will meet upcoming debt obligations
Dana hires international financial advisor for sukuk; Says in 'constructive' talks with Egypt govt on late payments; Shares fall to fresh all-time lows before recovering
January 17, 2012 2:55Dana Gas eyes entry to Syria, Algeria, Libya – CEO
"Dana Gas has done joint studies with Algeria's Sonatrach to (figure out how to) offer more value to the local market," Dana Gas CEO Ahmed al-Arbeed was quoted as saying by daily Al-Ittihad newspaper.
October 10, 2011 3:14UAE’s Dana Gas “optimistic” on Egypt gas payment
UAE energy firm Dana Gas said on Monday that its overdue receivables from Egypt for the gas delivered there has risen to around $200 million from $180 million previously and added that it was optimistic payments were coming.
September 27, 2011 12:36Dana Gas says has not received payment for gas in Egypt
UAE energy firm Dana Gas has not yet received payment for gas delivered in Egypt, it said in a statement on Tuesday.
August 2, 2011 11:53
A big bluff? UAE’s Dana Gas considers London move
The GCC’s only listed natural gas company has seen its stock decline 14.8 percent and its CEO says it’s because they’re misunderstood
April 20, 2011 10:39Dubai sees biggest gain in 15 months, markets up
Dubai's index makes its largest gain in 15 months with the benchmark climbing 4.3 per cent to 1,513 points, trimming its 2011 losses to 7.2 percent.
March 13, 2011 3:08Dana Gas posts $8.9 mln Q2 profit as output rises
Dana's second-quarter net profit excluded an unrealized loss of 213 million dirhams.
August 11, 2010 11:05UAE’s Crescent says Iran did not cancel gas deal
Dana Gas, in which Crescent holds stake, down on cancellation report.
August 8, 2010 1:25Dana Gas posts Q1 profits of nearly $9 million
Company reverses net losses of Q1 2009 to post strong first quarter financials.
May 14, 2010 11:13Dana Gas finds two wells in Egypt
Middle East's largest private gas company makes discovery in Nile Delta.
March 7, 2010 6:51
First report by Etisalat covering global footprint
Telecom company exhibits its high impact projects, including Mobile Baby.
May 21, 2013 6:01
Qatar Should Consider More Flexible Exchange Rate - Central Banker
As the World Cup draws closer, Qatar's fiscal spending, its only policy tool, may become difficult to restrict.
May 21, 2013 4:23
Yahoo on Tumblr: 'we promise not to screw it up'
Search engine giant confirms purchase of popular blogger site as both sides vow to address users' concerns
May 21, 2013 2:52
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43