Economic development
FO 371/185542 1966Description
This file relates to economic development in the Trucial States. It contains correspondence concerning:
- D A Roberts's suggestion that a further capital grant in aid be requested in the near future; and Sheikh Zayed Bin Sultan Al Nahyan's announcement of a financial contribution after he replaced his brother Sheikh Shakhbut Bin Sultan Al Nahyan as Ruler of Abu Dhabi (43)
- Ruler of Dubai Sheikh Rashid Bin Saeed Al Maktoum's contract with Sir William Halcrow & Partners Limited to construct a deep water harbour, the commercial prospects of oil drilling and rumours that Continental Oil Company have issued a loan to Sheikh Rashid (44)
- Summary of revenue and expenditure of the Trucial States Development Fund for 1965-66; and a payment mishap (47)
- Memorandum by the Trucial States Development Office Engineer, Angus Rae, on development prospects in the Trucial States (49)
- Report on the development fund's first year of operation and the BBC's promise to use the report and mention Sheikh Zayed's contribution (54)
- Lack of developments in the Sharjah-Ras Al Khaimah road and bridge project being run by Saudi Arabia and Mohammad Bin Laden's company and the Rulers' impatience (55, 62)
- Sheikh Zayed's views on how the Development Fund should be spent (56)
- Dr K G Fenelon's economic survey of the Trucial States (57)
- Expenditure estimates for the Development Fund during the third quarter for 1966-67 (58)
- Dire relationship between Halcrow & Partners and the Trucial States Development Office, and the resident engineer Neville Allen's consequent recommendation that the company withdraw its appointment as consultant to the Trucial States Council. It includes a report of the Middle East Development Division's engineering advisor's visit to Dubai where this issue and various Trucial States development projects were discussed (65)
- Ruler of Qatar Sheikh Ahmad Bin Ali Al Thani's contribution to the Development Fund, including the supply of equipment in kind. It also contains the 'Trucial States Development Fund Progress Report for the Year Ending March 1966' (66)
- Agreement between the Ruler of Fujairah Sheikh Mohammad Bin Hamad Al Sharqi and the Near East Finance and Commerce Company Limited for a concession for a bank, airline and airport, hotel, seaport and cement factory; and an agreement with the Lebanese Fishing & Sponge Company for a fishing concession and canning factory (67)
- Note on the 'Forward Look' of the Development Fund (71)