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Dana Gas, partners awarded $14mn interest in KRG row

DUBAI / Reuters Dana Gas and its consortium partners have been awarded $14 million plus interest in a dispute with Iraq’s Kurdistan Regional Government (KRG), the UAE company said on Tuesday. The case was filed with the London Court of International Arbitration in 2013 over payments for gas liquids production. The court ordered the KRG to pay $14 million along ...

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Khalid Ali Al Bustani appointed as FTA Director-General

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree No. 84 of 2017 to transfer and appoint Khalid Ali Al Bustani, Assistant Undersecretary for International Financial Relations to the position of Director-General of the Federal Tax Authority and the rank of an Undersecretary at Ministry. The Director General of the FTA ...

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UAE, India work towards bolstering investment ties

NEW DELHI / WAM Relations between the UAE and India, which received a fillip when His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, visited New Delhi as chief guest for Indian Republic Day in January, are set to scale greater heights. Intense preparations are under way ...

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