Dana Gas appoints new Chairman
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Mon June 11, 2012 11:34 am

UAE.Dana Gas PJSC, the fuel producer with US$1 billion in Islamic bonds maturing in October, appointed a new chairman and vice chairman.

The shareholders approved the appointment of Adel Al Sabeeh as chairman and Tawfeeq Al Moayed as vice chairman, according to a company statement to the Abu Dhabi stock exchange yesterday.

Al Sabeeh was previously the vice chairman and replaces Abdul Hamid Jafar, according to company information on the stock market.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 4, 2015
UAE. Continued volatility seems to be the only certainty at the moment. Although it's hard to predict with any degree of certainty which way the charts will swing, the election polls remaining close does point towards investor sentiment weighing on the GBP.
date:Posted: May 3, 2015
UAE. According to a new The Boston Consulting Group (BCG) study, the world's ocean is worth US$24 trillion - over 15 times the asset size of The Abu Dhabi Investment Authority (ADIA) and the Saudi Arabian Monetary Agency (SAMA) combined.
date:Posted: May 1, 2015
SAUDI ARABIA. Saudi Arabia's government and external balance sheets currently remain strong and provide a buffer to withstand external shocks, including a drop in oil prices; The outlook remains negative, reflecting S&P's view that Saudi Arabia's general government fiscal position is weakening.
UAE. Continued volatility seems to be the only certainty at the moment. Although it's hard to predict with any degree of certainty which way the charts will swing, the election polls remaining close does point towards investor sentiment weighing on the GBP.
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