Citigroup has been tapped to advise Dubai's main industrial free zone operator on its options for meeting a $2 billion Islamic bond maturity this year, including the potential sale of its UK based developer Gazeley, three sources said on Monday.
February 28, 2012 2:38
JAFZA not looking for government support; Cannot rule out option of asset sales
December 7, 2011 12:51
Potential government support for Dubai World unit Jebel Ali Free Zone (JAFZA) to meet its $2.04 billion Islamic bond maturity next year is less likely due to a more complex legal structure, a Standard & Poor's' analyst said on Thursday.
November 17, 2011 3:32
Dubai's government-related entities (GREs) can pay down or refinance nearly $14 billon in debt maturing next year with relative ease, according to a report by investment bank JP Morgan.
October 15, 2011 4:07
Leasable area to almost double in size at a cost of AED 1.3 billion.
June 1, 2010 3:50