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Talks to resolve a dispute between Dana Gas PJSC and holders of $700 million of Islamic securities broke down after the company proposed a 15 percent haircut on some of the debt, according to two people familiar with the matter. The Sharjah, United Arab
Weeks of talks between UAE energy firm Dana Gas and some local holders of a disputed $700 million sukuk have failed to reach an agreement, sources told Reuters, leaving a potentially protracted legal battle as the only available option for now. Last
Dana Gas, the Sharjah-based energy company currently embroiled in court battles over the legality of its US$700 million sukuk issuance, has had its December 25 hearing at a Sharjah court adjourned, a spokeswoman said. It is not known when the next
Nakilat demonstrated full support for the 'Made in Qatar 2017' exhibition organised by the Qatar Chamber (QC) by participating alongside more than 300 local companies from various sectors. Under the patronage of His Highness the Emir Sheikh Tamim bin