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: April 24, 2017
UAE. Installed generation capacity in the MENA countries analysed will have to rise by almost 150GW, more than 50% on the current available capacity of 290GW, to reach a massive 440GW by 2020.
date:Posted: April 24, 2017
UAE. Number of active hospitality projects reached 1,153 as 62 projects with a combined value of US$2.5 billion were added to the list in the first quarter of 2017, according to BNC Network; GCC hospitality sector constitutes 7% of all active projects in the GCC.
date:Posted: April 23, 2017
LEBANON. latest Byblos Bank/AUB Consumer Confidence Index shows recovery in sentiment in the first three months of the year remains tentative at best.
dhgate