Financial situation in Trucial States

This file contains correspondence relating to:

• Proposed visit of Mr W Duff of the Kuwait Finance Department to meet the Ruler of Dubai Sheikh Rashid Bin Saeed Al Maktoum who is looking for someone to manage his finances (1)
• Visit of Mr Stockwell of British Petroleum Company Limited to the Ruler of Abu Dhabi Sheikh Shakhbut Bin Sultan Al Nahyan in Buraimi and their discussions regarding the progress of oil prospecting. Also included is the text of a loan offer to Sheikh Shakhbut from Abu Dhabi Marine Areas Limited (3)
• Termination of the Petroleum Development (Trucial Coast) Limited concession in Ras Al Khaimah, the consequences this will have for the financial position of Sheikh Saqr Bin Mohammad Al Qasimi, the Ruler of Ras Al Khaimah and the proposed efforts to find another oil company to take up the concession (5)
• G Middleton's views regarding the development of Abu Dhabi and proposals to develop a more effective administrative structure (6)
• Further discussion of the financial situation of the Ruler of Ras Al Khaimah along with an estimate of his approximate annual income and expenditure (7)
• Approximate statements of the annual income and expenditure of each of the seven Rulers of the Trucial States along with some analysis (8)