Dana Gas, based in the UAE, has increased its foreign ownership limit to 100%, according to recent news.

Dana Gas, based in the UAE, has increased its foreign ownership limit to 100%, according to recent news.

May 31, 2023 61

The United Arab Emirates (UAE) is taking significant strides towards fortifying its capital markets as Sharjah-based energy company Dana Gas plans to raise its foreign ownership limit to 100 percent. As a listed firm on the Abu Dhabi market, Dana Gas announced that it has secured the approval of regulatory authorities to increase the percentage of foreign ownership from 49 percent to the maximum allowable limit of 100 percent. This significant development was disclosed in a regulatory filing on the Abu Dhabi Securities Exchange.

As the largest private sector natural gas company in the region, Dana Gas highlighted that this move aligns perfectly with the UAE’s new Commercial Companies Law, which abolished the requirement for UAE nationals to own a minimum of 51 percent of onshore firms. By opening its company fully to foreign ownership, Dana Gas aims to contribute to the UAE’s vision of strengthening its dynamic capital markets by attracting a greater number of international investors and deepening market liquidity.

Dana Gas Chairman, Hamid Jafar, expressed his enthusiasm for the milestone, stating in a press statement, “Opening our company fully to foreign ownership will support the UAE’s vision of strengthening its dynamic capital markets by attracting greater numbers of international investors and deepening market liquidity.” Jafar further emphasized that the company’s growth outlook remains robust, particularly in the Kurdistan region of Iraq, where Dana Gas is actively seeking to increase production.

The decision to raise the foreign ownership limit to 100 percent signifies a significant shift in the UAE’s business landscape, promoting a more open and investor-friendly environment. It aligns with the government’s ongoing efforts to attract foreign investment and diversify the economy beyond its traditional reliance on oil and gas. By removing ownership restrictions and allowing greater foreign participation, the UAE aims to encourage innovation, foster economic growth, and position itself as an attractive investment destination on the global stage.

Dana Gas’ strategic move to leverage the new regulations is expected to have a positive impact on the company’s operations, as it opens doors to new investment opportunities and potential partnerships with international players. The energy company’s focus on the Kurdistan region of Iraq, known for its substantial natural gas reserves, reflects its commitment to expanding its production capabilities and maximizing the region’s potential.

The UAE has consistently demonstrated its commitment to economic diversification and enhancing its capital markets. The recent regulatory changes, including the amendment of the Commercial Companies Law, are part of a broader vision to create a business-friendly environment that attracts foreign investors and fosters sustainable growth. By removing ownership restrictions, the UAE aims to unleash the full potential of its companies and create a more competitive landscape that drives innovation, job creation, and economic prosperity.

The UAE’s move to raise the foreign ownership limit to 100 percent reflects the country’s ongoing efforts to diversify its economy and create a more investor-friendly environment. By removing ownership restrictions and encouraging foreign participation, the UAE aims to stimulate innovation, drive economic growth, and position itself as an attractive global investment destination.

Dana Gas’s strategic decision to capitalize on the new regulations is expected to have a favorable impact on its operations. The company anticipates new investment opportunities and potential partnerships with international entities as it leverages the increased foreign ownership limit. By focusing on the Kurdistan region of Iraq, which boasts substantial natural gas reserves, Dana Gas aims to expand its production capabilities and maximize the region’s potential.

As Dana Gas moves forward with its plan to raise the foreign ownership limit to 100 percent, it sets an example for other companies in the region to embrace openness and attract global investments. This bold step reinforces the UAE’s position as a leading destination for foreign capital and signals its commitment to further strengthening its capital markets. The future looks promising as the UAE continues to evolve its business ecosystem, driving sustainable growth and positioning itself as a global hub for investment and innovation.

Swati Gupta
swati
61 comments on “Dana Gas, based in the UAE, has increased its foreign ownership limit to 100%, according to recent news.
  1. Qlrwev

    ivermectin 6 mg pills for humans – tegretol 400mg us cheap tegretol 400mg

    January 3, 2025 Reply
  2. Pejmkl

    buy accutane 20mg – linezolid 600mg pill where to buy linezolid without a prescription

    January 19, 2025 Reply
  3. Nbcxdd

    amoxil where to buy – ipratropium generic ipratropium 100 mcg pills

    January 19, 2025 Reply
  4. Ufbxzj

    zithromax 250mg canada – bystolic ca nebivolol where to buy

    February 2, 2025 Reply
  5. Nyochf

    cheap prednisolone for sale – azithromycin 250mg canada buy progesterone cheap

    February 3, 2025 Reply
  6. Dvhfmt

    lasix 40mg usa – cost betnovate3 betamethasone order

    February 10, 2025 Reply
  7. Ijrwra

    buy neurontin 100mg pills – cheap neurontin 100mg sporanox 100mg pills

    February 10, 2025 Reply
  8. Lfhsga

    order augmentin 375mg generic – order ketoconazole 200mg pills cymbalta 20mg us

    February 15, 2025 Reply
  9. Tlrrsl

    acticlate over the counter – doxycycline generic glipizide canada

    February 17, 2025 Reply
  10. Naejhw

    buy augmentin generic – buy augmentin 1000mg for sale buy duloxetine 40mg online

    February 24, 2025 Reply
  11. Hhguhb

    order rybelsus 14 mg generic – cost semaglutide periactin 4mg oral

    February 26, 2025 Reply
  12. Emvcri

    tizanidine without prescription – microzide 25mg pills buy hydrochlorothiazide 25mg pill

    February 28, 2025 Reply
  13. Ybuypu

    buy tadalafil 20mg sale – sildenafil sale generic viagra

    March 7, 2025 Reply
  14. Zhkndd

    viagra online order – viagra without prescription buy tadalafil 40mg for sale

    March 9, 2025 Reply
  15. Zpdpvn

    lipitor 40mg without prescription – buy lisinopril 10mg for sale zestril 10mg brand

    March 15, 2025 Reply
  16. Lhemgf

    buy cenforce online – order cenforce buy generic metformin 500mg

    March 17, 2025 Reply
  17. Mfknvf

    buy cheap lipitor – amlodipine online order generic lisinopril 2.5mg

    March 18, 2025 Reply
  18. Xtafgr

    buy generic omeprazole 20mg – treat reflux tenormin 100mg generic

    March 22, 2025 Reply
  19. Ecowjs

    buy depo-medrol pill – triamcinolone 10mg without prescription buy triamcinolone generic

    March 27, 2025 Reply
  20. Gbgbge

    desloratadine tablet – buy claritin 10mg purchase priligy generic

    March 30, 2025 Reply
  21. Uzuayn

    misoprostol generic – purchase orlistat generic order diltiazem 180mg without prescription

    March 31, 2025 Reply
  22. Kedfic

    order generic acyclovir 400mg – brand acyclovir 400mg buy rosuvastatin 20mg for sale

    April 6, 2025 Reply
  23. Lebzub

    motilium sale – purchase tetracycline generic buy flexeril 15mg pill

    April 9, 2025 Reply
  24. Gdthdu

    order motilium 10mg – cheap sumycin 500mg buy cyclobenzaprine 15mg online

    April 16, 2025 Reply
  25. Cowtbc

    buy inderal 20mg online – methotrexate 10mg pill methotrexate order online

    April 18, 2025 Reply
  26. Mojoql

    buy coumadin without a prescription – medex drug buy cozaar 25mg pills

    April 20, 2025 Reply
  27. Qyyehv

    buy levaquin pills – buy generic avodart 0.5mg purchase zantac sale

    April 24, 2025 Reply
  28. Uhpxso

    esomeprazole 20mg sale – esomeprazole 40mg over the counter buy sumatriptan pills

    April 25, 2025 Reply
  29. Riqbtg

    meloxicam ca – mobic 7.5mg pill how to buy flomax

    April 30, 2025 Reply
  30. Ktnjok

    buy zofran – zocor 20mg brand purchase simvastatin pill

    May 17, 2025 Reply
  31. Entxai

    valtrex 500mg cheap – order valacyclovir 1000mg without prescription fluconazole 100mg canada

    May 19, 2025 Reply
  32. eykvb

    provigil over the counter modafinil uk brand provigil 100mg provigil 200mg drug buy modafinil tablets brand modafinil 200mg order modafinil 100mg online

    June 2, 2025 Reply
  33. buy cialis canada online

    This is the tolerant of enter I recoup helpful.

    June 10, 2025 Reply
  34. flagyl without a prescription

    With thanks. Loads of conception!

    June 11, 2025 Reply
  35. be33c

    azithromycin 500mg over the counter – purchase flagyl generic buy metronidazole pills for sale

    June 13, 2025 Reply
  36. 6pqkd

    semaglutide usa – purchase semaglutide pill buy cyproheptadine 4 mg

    June 15, 2025 Reply
  37. 1m8qo

    domperidone 10mg us – cyclobenzaprine 15mg tablet buy cyclobenzaprine pills

    June 16, 2025 Reply
  38. px3qt

    inderal for sale online – methotrexate order online order methotrexate for sale

    June 19, 2025 Reply
  39. ribhz

    buy amoxicillin without prescription – order combivent without prescription ipratropium 100mcg canada

    June 22, 2025 Reply
  40. 6qhh8

    purchase azithromycin pills – nebivolol 20mg price buy bystolic

    June 24, 2025 Reply
  41. fbpoo

    augmentin 375mg cheap – atbioinfo brand ampicillin

    June 26, 2025 Reply
  42. kg7ld

    esomeprazole 40mg cost – https://anexamate.com/ buy nexium 20mg pill

    June 27, 2025 Reply
  43. hdfj7

    warfarin online – https://coumamide.com/ losartan for sale online

    June 29, 2025 Reply
  44. 5cis4

    order meloxicam online – https://moboxsin.com/ mobic 7.5mg oral

    July 1, 2025 Reply
  45. 0pmyk

    cost deltasone 10mg – asthma order deltasone 40mg online cheap

    July 2, 2025 Reply
  46. 3kd3y

    buy erectile dysfunction meds – best ed drug buy erectile dysfunction medications

    July 4, 2025 Reply
  47. 1iubh

    amoxicillin brand – https://combamoxi.com/ order amoxicillin without prescription

    July 5, 2025 Reply
  48. h53j8

    diflucan 100mg canada – fluconazole ca forcan drug

    July 9, 2025 Reply
  49. 2hqnj

    purchase escitalopram for sale – https://escitapro.com/ order lexapro 10mg online

    July 10, 2025 Reply
  50. p3h7d

    order cenforce 100mg generic – https://cenforcers.com/ buy cenforce

    July 11, 2025 Reply
  51. hens8

    does cialis make you harder – on this site cialis w/dapoxetine

    July 12, 2025 Reply
  52. gl1qv

    cialis ontario no prescription – https://strongtadafl.com/# sildenafil vs tadalafil which is better

    July 13, 2025 Reply
  53. ConnieGuamy

    buy zantac 300mg generic – https://aranitidine.com/# buy zantac 300mg

    July 15, 2025 Reply
  54. xh4fq

    viagra buy in uk – order viagra in south africa viagra buy greece

    July 15, 2025 Reply
  55. e4d16

    I am actually happy to glance at this blog posts which consists of tons of useful facts, thanks representing providing such data. https://buyfastonl.com/gabapentin.html

    July 17, 2025 Reply
  56. ConnieGuamy

    Thanks recompense sharing. It’s first quality. neurontin 300 mg efectos secundarios

    July 18, 2025 Reply
  57. ConnieGuamy

    More posts like this would prosper the blogosphere more useful. https://ursxdol.com/clomid-for-sale-50-mg/

    July 20, 2025 Reply
  58. 4jpxw

    I am in truth happy to coup d’oeil at this blog posts which consists of tons of profitable facts, thanks for providing such data. https://prohnrg.com/product/lisinopril-5-mg/

    July 21, 2025 Reply
  59. Andrew Andrew Johnson

    The detail in this article is remarkable.

    July 21, 2025 Reply
  60. xcrkc

    This is the compassionate of writing I rightly appreciate. https://aranitidine.com/fr/viagra-professional-100-mg/

    July 23, 2025 Reply
  61. ConnieGuamy

    I couldn’t weather commenting. Adequately written! https://ondactone.com/simvastatin/

    August 6, 2025 Reply
Leave a Reply to Ktnjok

Your email address will not be published.