Egypt may delay $148 million payment to Dana
Cairo - Arabstoday
Egypt wants to delay a $148 million payment to fuel producer Dana Gas, Beltone Financial reported, citing an Al-Bayan newspaper report based on anonymous government sources. The government and company are in talks over paying part of the money owed and obtaining a grace period of a year or more for the rest, the newspaper said, quoting Dana Gas chairman Hany El-Sharkawi. The shares of Dana Gas declined 4.3 per cent by 12:42pm in Abu Dhabi, the lowest level since the company’s shares were listed in December 2005, according to data compiled by Bloomberg. ahramonline .
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
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