The meeting came as divisions grow in Europe over the proposed tariffs
Dana is waiting for a reply to its proposal that the nation pay 65 per cent of the dollar debt in Egyptian pounds, chief executive officer Patrick Allman-Ward told reporters in Sharjah.
The temporary measure would let Egypt retain foreign-exchange reserves and give Dana currency to pay local costs, he added.
The company, based in the UAE, increased output about six per cent this year from 2012’s 60,000 barrels of oil equivalent a day, Investor Relations Director Robinder Singh said. Egyptian output reached a two-year high of 41,500 barrels in August, while the Kurdistan region of northern Iraq was flat.
Dana is talking with the Kurdish government to recover $430 million of receivables, said Allman-Ward.
The meeting came as divisions grow in Europe over the proposed tariffs
Around 44% of total financing had a climate financing component
World Cup-winning coach Dav Whatmore asked the young boy to watch YouTube videos of his favourite batsman
Flare-up in Middle East tensions also supporting oil
Weekly jobless claims fall 12,000 to 219,000
Volkswagen said this month it needed to cut costs significantly
Many told the war revived traumas of past conflicts with some suffering panic attacks after hearing Israeli sonic booms or other loud bangs
Dubai’s real estate market continues to be a global hotspot