Monday 25 September 2017
 
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Dana Gas

UK to start $700m sukuk trial without Dana Gas

A high-profile London High Court trial over a $700 million Islamic bond will go ahead next week without Dana Gas, a UAE-based energy company, according to Financial Times. A civil trial between Dana Gas and its investors was du

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Iraq's Kurdistan agrees to pay Pearl $1 billion

The Kurdistan Regional Government of Iraq (KRG) and the Pearl Consortium have agreed to fully and finally settle all their differences amicably by terminating the arbitration and related court proceedings over the Heads of Agreement (HoA) on Kho

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Dana Gas H1 profit soars 77pc to hit $23m

Dana Gas, the Middle East’s largest regional private sector natural gas company, has posted a net profit of $23 million for the first half (H1) of the year, as against $13 million during H1 2016,marking an increase of 77 per cent.

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AbuDhabi's Goldilocks Fund buys 5pc stake in Dana Gas

In a strategic move, UAE-based Goldilocks Investment Company said it has acquired a five per cent stake in the Abu Dhabi listed-natural energy company, Dana Gas. Goldilocks fund is an Abu Dhabi Global Markets domiciled open-ended

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Dana plans profit rate cut on sukuk in restructuring twist

Dana Gas, the Middle East's largest regional natural gas company, plans to more than halve profit rates on $700 million of its Islamic bonds after they were found to be non-compliant with religious law, adding a new twist to a debt restruc

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Dana plans profit rate cut on sukuk in restructuring twist

Dana Gas, the Middle East's largest regional natural gas company, plans to more than halve profit rates on $700 million of its Islamic bonds after they were found to be non-compliant with religious law, adding a new twist to a debt restruc

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Dana Gas gets $50m partial payment from Egypt

Dana Gas, the Middle East's largest regional natural gas company, said it has received an initial payment of $50 million from the Egyptian government as partial payment of its outstanding receivables.   This

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Dana Gas net profit soars 83pc in Q1

Dana Gas, the Middle East’s largest regional natural gas company, has posted a net profit of $11 million for the first quarter (Q1) of the year, as against $6 million during Q1 2016,marking an increase of 83 per cent. The co

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Dana Gas makes first international condensate sale in Egypt

Dana Gas,  the Middle East’s largest regional natural gas company, has achieved an important milestone with the first international sale of condensate in Egypt under the gas production enhancement agreement (GPEA). The

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Dana Gas reports $33m profit for 2016

Dana Gas, a leading regional natural gas company, reported a net profit of $33 million for 2016. The preliminary net profit was a decline as compared to $144 million achieved last year, which included gain on one-off sale of 5 per

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