VOL. XXXI

NO. 1

12-OCTOBER-1987

Financial and Banking News

BUDGETS AND REVENUES

Iranian Trade with UK, Dubai Soars

Despite tensions arising from the Iran-Iraq war and the involvement ofneutral countries, trade figures have been published recently which show thatIran's trade with both Dubai and the UK is booming. Dubai government statisticsfor the first six months of the year show that re-exports from Dubai to Irantotaled Dh800mn - more than for the whole of 1986. In the UK, Customs and Excise...