Recommendation to distribute 385 million dirhams in profits

The Board of Directors of Dana Gas, which operates in the natural gas sector in the Middle East, announced its recommendation to distribute cash dividends of 5.5 fils per share for the fiscal year 2025, bringing the value of the proposed dividends to 385 million dirhams ($105 million).

The company stated in a statement yesterday that the “recommendation” reflects the improvement of the company’s cash position and cash flows.

Dana Gas Chairman of the Board of Directors, Hamid Jaafar, said: “The Board of Directors’ recommendation reflects Dana Gas’s efficiency in implementing its plans and objectives during an exceptional year in the company’s journey, and the flexibility of its performance under the current circumstances.”