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Citi to advise Dubai’s JAFZA on $2B bond

Citi to advise Dubai’s JAFZA on $2B bond

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
 
Bad weather halts tanker traffic at UAE’s Jebel Ali port

Bad weather halts tanker traffic at UAE’s Jebel Ali port

Tanker movements in and out of the United Arab Emirates' Jebel Ali port were stopped early Sunday as strong winds caused a thick sandstorm, an official at the port said on Sunday.

February 26, 2012 11:27
 

Dubai’s JAFZA in debt talks, rules out govt aid

JAFZA not looking for government support; Cannot rule out option of asset sales

December 7, 2011 12:51
 

Dubai support less likely for JAFZA’s $2 billion Islamic bond

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
 
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