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Business - Economy
Energy firm Dana Gas cancels Egyptian onshore assets sale
4/25/2021 11:57:11 AM
Dana Gas is still assessing the financial impact from terminating the sale but said the decision was expected to positively impact the balance sheet, profitability and cash flow in coming years.
Business - Economy
Dana Gas posts $376 million 2020 net loss amid impairments on Egyptian assets
2/11/2021 12:16:17 PM
Dana said the impairment came amid a sharp decline in oil prices and negative effects as a result of the COVID-19 pandemic
Business - Economy
Dana Gas announces sale of Egypt assets to IPR for $236 million
10/25/2020 4:40:04 PM
The transaction remains pending the Egyptian government approval, and is expected to be finalized in early 2021
Business - Economy
UAE's Dana Gas raises loan, avoids another restructuring
10/16/2020 1:43:29 PM
In July, Dana hired financial firm Houlihan Lokey to advise it on the sukuk, or Islamic bonds, which it had already restructured twice.
Business - Economy
UAE's Dana Gas pledges proceeds of Egypt sale to repay sukuk
4/24/2020 10:55:52 AM
The sale of Dana’s exploration and production assets in Egypt could be complicated by the recent plunge in oil prices.
Business - Economy
UAE's Dana Gas delays decision on Egypt assets sale: Sources
4/2/2020 4:22:59 PM
Business - Economy
UAE's Dana Gas says has received 'a number of bids' for Egypt assets
2/12/2020 3:28:19 PM
Business - Economy
UAE Dana Gas receives $48 million from Egypt in June
6/30/2019 7:08:38 PM
Business - Economy
Dana Gas receives dues worth $40 million from Egypt
5/29/2018 5:48:17 PM
The amount brings the total dues received by Dana Gas from Egypt in 2018 to $88.8 million
Business - Economy
Egypt pays $20 million in arrears to UAE's Dana Gas
5/21/2017 5:19:20 PM
Business - Economy
UAE's Dana Gas to review expenditure in Egypt if payments remain delayed
11/9/2016 4:55:17 PM
Business - Economy
UPDATED: Dana Gas CEO says to slash general and admin costs by half; cut jobs
1/12/2016 1:53:47 PM
Business - Economy
UAE's Dana Gas plans more cost cuts due to low oil prices
11/15/2015 11:17:36 AM
Business - Economy
Egypt gas find a big draw for international investors: Dana Gas chief
9/6/2015 5:00:04 PM
The discovery of an estimated 30 trillion cubic feet of gas in the Mediterranean attracts industry interest to Egypt, says Dana Gas CEO
Business - Economy
BP to pay some exploration costs for UAE's Dana Gas in Egypt
6/2/2015 11:48:00 AM
Business - Economy
Dana Gas CEO says oil price collapse could delay Egypt payments
1/14/2015 2:50:34 PM
Business - Economy
Egypt pays $60 mn in arrears to Dana Gas
1/4/2015 12:25:52 PM
Business - Economy
UAE's Dana Gas in talks with Egypt over revising gas prices
11/27/2014 3:46:36 PM
Business - Economy
Dana Gas signs deal to recover $280 mln owed by Egypt
9/30/2014 6:02:56 PM
Egyptian government will pay Dana Gas hundreds of millions of debt arrears for its operations in the country
Business - Economy
UAE's Dana Gas wins gas exploration deals in Egypt
9/29/2014 12:57:28 PM
Emirate Dana gas extends its on going work in Egypt through a new deal
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