Assets held by Dubai World are estimated to be worth $11 billion, according to a report by JPMorgan Chase.
An 80 per cent stake in global port operator DP World is the largest asset in Dubai World's arsenal and is valued at $7.1 billion JPMorgan analyst Zafar Nazim was quoted by Bloomberg as saying.
The firm's private equity unit, Istithmar World, has a portfolio that is worth $2.4 billion, while JP Morgan left out valuations on property firms Limitless and Maritime City, both property outfits owned by Dubai World.
Last week the indebted company announced that it had reached an accord with 99 per cent of its creditors on the terms of debt restructuring on $14.4 billion worth of liabilities owed to banks.
It was given eight-year extension to the loans and has said that it will sell assets over the period to help with repayments.
The remainder of a total of $24.9 billion is owed to the government.
© 7Days 2010
