UAE’s Dana Gas raises its foreign ownership limit to 100% 

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RIYADH: The UAE’s imaginative and prescient of strengthening its capital markets has develop into one step nearer to actuality as Sharjah-based power firm Dana Fuel plans to boost its overseas possession restrict to one hundred pc. 

Listed on the Abu Dhabi market, the agency introduced that it had obtained the approval of the regulatory authorities to boost the proportion of overseas possession from 49 p.c to one hundred pc of its capital, in keeping with a regulatory submitting on the Abu Dhabi Securities Alternate. 

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