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: December 17, 2014
INTERNATIONAL. Russians don't respond to economic pressure as Westerners do. Sanctions reflect European and American thresholds of pain. They are designed to cause pain that the West could not withstand. Applied to others, the effects may vary.
date:Posted: December 17, 2014
SAUDI ARABIA. In general, the lack of certainty regarding damages means the litigation risk is significantly higher in Saudi Arabia compared with other jurisdictions. In comparison, however, the level of damages awards remains much lower.
date:Posted: December 17, 2014
UAE. CFA Institute's 2015 Global Market Sentiment Survey highlights importance of central bank policies for 2015 market performance, notes concerns about weak developed markets and political instability.
dhgate