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DP World Said to Weigh Sale of Stake in Jebel Ali Free Zone

  • Port operator working with advisers to gauge interest in asset
  • DP World working to cut debt and maintain credit rating
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DP World is considering offering international investors a chance to buy into the Jebel Ali Free Zone, a prized asset that helped transform Dubai into a hub of global trade, as it looks for ways to cut its debt pile.

The Dubai-based port operator is working with advisers to gauge interest in the sprawling industrial park, according to people familiar with the matter. DP World is considering options including selling a stake in the free zone or some assets based there, the people said, asking not to be identified discussing confidential information.