"الملف 9/42 الإخوة هولوواي، دبي" [و‎‎٢‎٠] (٥٠/٣٩)

1
Q
HOLLOWAY BROTHERS (LONDON) LTD.
PUBLIC WORKS CONTRACTORS.
8 - 10 - 1949.
Ref. No
H. B* M« *s Political Agent,
Manama,
Bahrain.
Sir, DUBAI .
A f \
BAHRAIN
_« 7 ? 7 . , )
PERSIAN GULF
v.v ... -A
As you are no doubt aware my firm is anxious to open a
branch establishment at Dubai, in connection with possible future
works there and at Sharjah and other places. It has been my
task to negotiate with Sheikh Raschid of Dubai for the lease of
land there in order that we may build residential quarters for
our own staff, and offices, stores, etc.
The present position is that the Sheikh has agreed to
our operating in his territory, and has visited the proposed site
with me and expressed consent on its location, area, etc.
The major snag at present is that he is only prepared to
offer us a lease of ten years duration, which means that any
permanent buildings which we erect on his land become valueless
to us at the end of the term of the lease and must inevitably
revert to him 0 This, as you will appreciate, is neither an
ecnomic nor businesslike arrangement, particularly since we are
regarding this area rather from a point of view of long-term
policy and planning®
I am proposing to travel to Muscat (bn Monday, Oct. 10th.,
but expect to visit Dubai again on the way back, probably at
the end of this month* I should be grateful, therefore, if you
would be kind enough to pass this information to Mr. P. D.
Stobart, who, as I understand, will be in residence at Sharjah
by that time.
I anij, Sir,
Yours faithfully,
for HOLLOWAY BROS. (LONDON) LTD.,
c.c. Holloway Bros, (london) Ltd.BAGHDAD.
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