Articles from the author

HSBC has signed a Dh1.85b ($500 million) medium-term project finance framework agreement with six Iranian commercial banks. The deal was coordinated by the Central Bank of Iran.

The growing reputation of Dubai as an international conference centre has attracted 16 of the world's largest shipowners, who will gather here on November 15 to discuss cargo issues relating to the Far East-Gulf trade.

Buoyed by record sales in October and November, Dubai Duty Free predicts sales this year will hit Dh810 million, about 22.5 per cent higher than in 1999 when they reached Dh660 million.

Dubai's Margham onshore gas and condensate concession has been transferred by Arco Dubai Inc to a new local entity, Margham Dubai Establishment, as of November 15.

C1ME Ltd and five Kuwaiti organisations yesterday established C1KT Ltd as the first step to launch Kuwait's first global business-to-business (B2B) enterprise. The company will now spearhead the launch and operation of an e-marketplace (online exchange).