MIDEAST STOCKS-Dana Gas lifts Abu Dhabi; some Saudi blue-chips advance:
"Gulf stock markets were generally little changed on Sunday, though Abu Dhabi’s Dana Gas surged on news of plans for its first annual dividend for several years. The Abu Dhabi index rose 0.8 percent as Dana Gas jumped 8.3 percent after the board said it would seek shareholder approval for a cash dividend for 2017 totalling 5 percent of capital, or about 349 million dirhams ($95 million). By diverting money to shareholders, the plan could complicate Dana’s dispute with bondholders after the company’s decision not to redeem $700 million of sukuk that it said had become unlawful after changes in Islamic finance."
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