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Jebel Ali

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
 

UAE’s Etihad Rail to Award phase 3 contracts by Q3 2012

Etihad Rail, the developer of a railway network in the United Arab Emirates, will launch the second phase of its $11 billion project in a "few weeks" with contracts to be awarded by the third quarter next year, its chief executive said on Tuesday.

November 16, 2011 2:03
 

Dubai can manage $14B debt maturing in 2012

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
 
Jebel Ali port reopened after bad weather halted work

Jebel Ali port reopened after bad weather halted work

The country has been witnessing…

August 2, 2009 2:01