Dana Gas Reports 47% Net Profit Rise H12026
Dana Gas achieved a 47% profit growth in the first half of 2026, with net profits reaching 393 million AED (107 million USD), compared to 270 million AED (73 million USD) in the same period of the previous year. This improvement was driven by better operational results and increased production, especially in Egypt and the Kurdistan Region of Iraq, despite temporary security challenges that affected the utilization of additional capacity at the Khor Mor plant. The company plans to complete its production development projects and expand the gas market, focusing on strengthening cash flows and collaborating with the Iraqi government to achieve sustainable growth in its business.
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