Abu Dhabi – Mubasher: Dana Gas has received AED 74 million ($20 million) from the Egyptian government as another partial payment of its outstanding receivables, according to a bourse statement.
The payment was made in Egyptian pounds, the company added.
This payment, along with AED 184 million paid on 18 May 2017, represents 25% of Dana’s total overdue receivables worth AED 1.038 billion ($283 million) as at the first quarter of 2017