ABU DHABI/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. ...
Read More »Dana Gas leaves maturing sukuk unpaid
Dubai / Reuters United Arab Emirates energy producer Dana Gas did not redeem some $700 million of its Islamic bonds when they matured on Tuesday as a dispute on the validity of the sukuk drags on in British and UAE courts, sources familiar with the matter said. Dana refuses to redeem its bonds because it claims changes in the interpretation ...
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