Abu Dhabi – Mubasher: Abu Dhabi-listed Dana Gas said its board will discuss on 23 November its operations and projects in the UAE, Egypt and Kurdistan Region of Iraq, according to a bourse statement.
The board will also consider the update on collection of receivables in Egypt and Kurdistan.
Egypt’s arrears rose to AED 887 million ($241.49 million) by the end of the third quarter of 2016, compared to AED 843 million ($229.51 million) in the previous quarter of the same year.
In Kurdistan, collections stood at AED 235 million, while receivables rose to AED 2.66 billion in Q3-16.
The board will also review a report on the company’s business plan and budget for 2017.
