Abu Dhabi – Mubasher: The status of Dana Gas’ operations in the UAE, Egypt, and the Kurdistan Region of Iraq have seen a tangible improvement in the collection of outstanding receivables in Egypt as well as Kurdistan Region of Iraq.

The firm’s finance plan, including cash flow forecasts, the five-year business plan, and the annual budget for 2020, was approved during the board’s meeting held on Tuesday, 19 November, according to a press release on Wednesday.

The board has also approved the report of Group Risks and the Annual Audit Plan for 2020.

 It is worthy to mention that in July, the Sharjah-based company announced that it is currently performing a strategic review of its oil and gas assets in Egypt for a potential sale.