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S&P downgrades credit rating for Dubai's Jebel Ali Free Zone
The Saudi Gazette Published in The Saudi Gazette on 28 - 09 - 2010

Standard & Poor's on Monday downgraded its credit rating for Dubai's Jebel Ali Free Zone (JAFZ) due to a lack of transparency of its troubled Dubai World parent and its plans for JAFZ, it said.
The ratings agency “has lowered its long-term issuer credit rating on Dubai-based free zone company Jebel Ali Free Zone to ‘B' from ‘B+',” S&P said.

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