Middle East Economic Survey
Moodys Takes Rating Actions on Dubai-Owned Companies
Moodys Investors Service announced on 3 August multiple rating actions on four government-related issuers (GRIs) in Dubai. The A1 ratings of DP World, DIFC Investments (DIFCI) and Dubai Electricity and Water Authority (DEWA) were placed on review for possible downgrade. The ratings of Jebel Ali Free Zone (JAFZ) were downgraded by one notch to A3 from A2 and placed on review for further...