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.
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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 5:50Dana 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 2:55"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 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 12:36