Commercial and economic relations between Kuwait and UK

This file concerns commercial and economic relations between Kuwait and the UK. It contains correspondence on:

• The Kuwait Investment Office’s bid for the share capital of St Martin’s Property Corporation Limited
• A cutting from the Financial Times, entitled ‘Men and Matters: The Scottish-Kuwaiti Axis’, dated 9 September 1974
• Speculations in the press that HMG has concluded a special deal with Kuwait, involving either off-market gilt or an extension of exchange cover under the sterling agreement
• The possible takeover of Lonrho Limited by the Kuwaiti government
• The Advisor to the Ministry of Finance Khalid Abu Saud’s visit to the UK in July 1974 to discuss Kuwaiti investment in the UK, including reference to an agreement reached between the Bank of England and the Kuwaiti Prime Minister, whereby Kuwait would maintain sterling balances in London
• The Advisor to the Kuwait Metal Pipes Company Saeed Shammas’s interest in collaborating with British contractors in a scheme for an oil pipeline from Mombasa to Nairobi
• Peat Marwick Mitchell & Company’s intention to set up a local office in Kuwait
• A possible contract between the Kuwait Shipping Company and the Govan Shipyard Company of Scotland for the construction of freighters
• King Faisal Bin Abdul Aziz Al Saud of Saudi Arabia’s concerns over the widespread corruption in Kuwait
• A British newspaper cutting, ‘Kuwait lends $34m to Bristol’, 8 February 1974
• A possible contract between the Bovis Civil Engineering Company Limited and the Kuwait Ministry of Public Works for the construction of roads, storm water drains, sewers and allied services
• A list of projects that will be taking place in Kuwait during 1974, including a new terminal being designed by the Japanese architect Kenzō Tange for Kuwait’s international airport

This file also contains a personality note on Atiqi.