Mubasher.info would like to apologize for the erroneous article that was posted on 9 May 2019, entitled ‘Moody’s downgrades Dubai Investments’ credit rating’, the article had mentioned that Dubai Investments had been downgraded to Caa1.
After investigation We confirm that this reference to Dubai Investments is completely incorrect and that Moody’s did not publish any rating for Dubai Investments, which is not subject to rating by Moody's.
The incorrect article was mistakenly submitted by one of our employees, and the company has taken necessary action with him.
Again, We apologize to Dubai Investments and its stakeholders for any damage that the article may have caused.
