Moody’s Investor Service upgrades the ratings of DP World Limited’s and Jebel Ali Free Zone

Moody’s Investor Service recently upgraded the ratings of  DP World Limited’s and Jebel Ali Free Zone FZE to Baa2 from Baa3. The rating outlook is  stable. The upgrade  reflects the global trade enabler’s  strong credit profile  supported by  its  business  resilience as a result of diversified global operations, management track record of successfully  growing the  business in both favorable and challenging market conditions, and financial  flexibility including the ability to delay capital spending.