The chief executives of two Dubai World subsidiaries excluded from the sprawling holding company's restructuring have outlined how they believe they can survive their parent's debt crisis largely unscathed.
Mohammed Sharaf of DP World, the world's fourth-largest container port -operator, and Salma Ali Saif Bin Hareb of Jebel Ali Free Zone Authority, an operator of customs-free trading zones, told the Financial Times they had plentiful cash to meet their finance and investment needs for the foreseeable future.
Both companies, which the government has said do not need debt restructuring, play an important part in facilitating trade between the Middle East and the wider world.
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