Middle East Economic Survey


No 49



Dana Gas Will List On ADSM On 6 December

Dana Gas announced on 30 November that it would list its shares on the Abu Dhabi Stock Market (ADSM) on 6 December. Heavy trading on the shares is expected. Dana Gas is the first private-sector gas company in the region to be publicly listed and is incorporated as a public joint-stock company in the UAE. The companys initial public offering (IPO) closed 140 times oversubscribed on 3 October....