Moody’s Ratings Agency has raised DP World’s ratings in a major statement of confidence in the port operator’s business and future.
The upgrade comes on the heels of two large investments in DP World’s key UAE properties, the Jebel Ali Port, the Jebel Ali Free Zone, and the National Industries Park, in 2022. The first came from CDPQ, a Canadian investment firm, in May, followed by Hassana, a Saudi Arabian pension fund, in December.
These investments raised a total of US$7.4 billion from the sale...
https://container-news.com/moodys-upgrades-dp-worlds-ratings/