04 August 2009
Jebel Ali Free Zone (JAFZ) had its credit rating cut at Moody's Investors Service, citing financial weakness at its parent company, Dubai World.

Moody's also placed DP World, DIFC Investments, and Dubai Electricity and Water Authority under review for a possible downgrade.

The rating of JAFZ was lowered by one level to A3, which is four steps above non-investment.

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