More Abu Dhabi firms could face pressure to restructure debt coming due in the next 12-18 months, but bankers and analysts said the wealthy emirate's private sector was better off than other regional peers.
Two high-profile Abu Dhabi names have in recent weeks acknowledged financial difficulties, the latest being private contractor Al Jaber Group which this week said it was in talks with banks to renegotiate its debt repayments.
"There are Abu Dhabi entities going through financial difficulty, and some will need to restructure or renegotiate loans," a Gulf-based analyst said on condition on anonymity.
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