The Board of Directors of Dana Gas has recommended the distribution of cash dividends of AED 385 million (USD 105 million) for the fiscal year 2025, equivalent to 5.5 fils per share. These profits reflect an improvement in the company's cash position and cash flows, following the successful completion and operation of the 'Khor Mor 250' gas expansion project in the Kurdistan Region of Iraq. The successful completion of the 'Khor Mor 250' project marks a qualitative leap in our production capabilities and establishes a cornerstone for growth. Hamid Jaffer, Chairman of Dana Gas, stated: 'The Board's recommendation reflects Dana Gas's efficiency in executing its plans and objectives during an exceptional year in the company's journey, as well as the flexibility of its performance in the current circumstances.'
