Monday 10, December 2012 by Robin Amlôt

Dana Gas announces terms of $1 billion Sukuk refinancing

The company highlights a significant reduction of the outstanding debt to $850 million with overall lower debt servicing requirements. The deal structured to ensure that potential dilution of shareholders remains substantially similar to current levels.

Features & Analyses

Lifestyle A new spin on Gulf style

UAE-based fashion designer Ahmed Abdelrahman is realising his vision to make the kandora and other traditional Gulf staples a part… read more