DP World’s liquidity ample to fund new terminals in Fujairah: Moody’s
AI Summary
Moody’s reports that DP World, a Dubai-based global ports operator, has sufficient liquidity to fund construction of two new terminals in Fujairah under a 50-year concession. By year-end 2025, DP World held significant unrestricted cash and credit facilities supporting this expansion.
Dubai-headquartered DP World’s liquidity position provides ample capacity to fund the two new terminals on the UAE’s eastern coast under a 50-year concession, Moody’s Ratings said in a report. As of year-end 2025, the global ports operator reported $4.6 billion of unrestricted cash, nearly $1.6 billion of available committed credit facilities and around $1 billion ...