$59.5m Dana dividend from Kurdistan

Dana Gas said yesterday that it had received a further dividend payout of $59.5 million (Dh218.54 million) from its joint venture operations in the Kurdistan region of Iraq.

This payment takes the total dividends received from those operations to Dh439 million ($119.52 million) so far in 2018, with all payments received on time and no outstanding receivables, the company said in a statement.