Middle East Economic Survey
Moodys Puts Dubai Owned Companies On Review For Possible Downgrade
Moodys Investors Service announced last week that it had put six government-owned companies in Dubai on review for possible downgrade. They comprise Dubai Holding Commercial Operations Group (rated A1), DP World (A1), DIFC Investments (A1), Dubai Electricity and Water Authority (A1), Jebel Ali Free Zone (A1) and Emaar Properties (A3). The rating action was primarily motivated...