Jebel Ali Free Zone, a business park owned by Dubai World, and DIFC Investments may need government help to meet a combined $3.25bn in debt obligations due this year, Exotix said.
DIFC Investments may require as much as $983m from the government to repay its $1.25bn bond maturing in June, the investment bank said in an emailed report Thursday.
“We believe that this government support will be forthcoming and that DIFC has options to alleviate this large funding gap.”
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