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Dana Gas payments from Egypt, Kurdistan rise 102%

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SHARJAH / WAM Dana Gas announced that its collections for the first nine months of 2021 from the Kurdistan Region of Iraq (KRI) and Egypt have increased 102 percent year-on-year to $256 million (AED938 million) from $127 million (AED466 million) in the same period the previous year. Dana Gas, which owns a 35% interest in Pearl Petroleum, saw its share ...

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Merger of Arkan, Emirates Steel complete

Abu Dhabi / WAM Arkan Building Materials Company PJSC (Arkan), a leading construction and building materials company in the UAE, announced the legal completion of its merger with Emirates Steel Industries PJSC (Emirates Steel), a leading integrated steel manufacturer in the Middle East. The merger of Arkan and Emirates Steel (the Combined Group) creates the UAE’s largest steel and building ...

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Thank God, we have overcome the Covid-19 crisis: Mohamed

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ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has said, “We overcame the Covid-19 crisis and learned many lessons from the experience. As life in the UAE begins to return to normal, we give thanks to God.” At Qasr Al Bahr Majlis, ...

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