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: September 1, 2014
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
date:Posted: September 1, 2014
SAUDI ARABIA. Consumer spending also remained robust; Non-oil exports rebound owing to greater production of petrochemicals and plastics.
date:Posted: September 1, 2014
INTERNATIONAL. Oil markets since 2011 have become less price sensitive to actual supply disruptions, especially to those geopolitical events that have taken place since the Arab Spring.
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
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