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Dana Gas $700mn sukuk restructuring approved

SHARJAH / WAM Dana Gas announced that, following the launch on May 22 of a Tender Offer and Consent Solicitation / Exchange Offer to consider approval for the terms and conditions of an offer for the restructuring and refinancing of its US$700 million Sukuk Al-Mudarabah, the Sukuk certificate holders have overwhelmingly approved the transaction. As of June 1, the ‘early ...

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Ministry honoured for contribution to ‘sustainable goals’

ABU DHABI / WAM Dubai Carbon has honoured Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, with a framed copy of The Sustainabilist magazine to acknowledge his contribution to achieving the UAE’s sustainable development goals. Dr Al Zeyoudi led the development of the National Climate Change Plan of the UAE 2017-2050, spearheaded establishment of Emirates Committee ...

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Ex-Houthi prisoners of war receive psychological rehabilitation in Yemen

YEMEN / WAM The Department of Moral Guidance affiliated with the Yemeni Resistance group Al-Amalaqah Brigades (Arabic for Giants), has conducted a series of rehabilitation sessions for Houthi prisoners of war – most of whom are children – providing them with psychological support to cope with the effects of war captivity and trauma. The prisoners were captured in recent confrontations ...

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