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McGraw-Hill sets up offices in Dubai

Vimala Vasan

ABU DHABI, March 7

MCGRAW-HILL Education and Platts, divisions of lUS-based global information services provider and publisher McGraw-Hill Companies, have established regional offices in Dubai Media City.

McGraw-Hill Education is a global leader in education materials and professional information, while Platts is the world's largest provider of energy market information, according to a statement from Dubai Media City.

McGraw-Hill Companies provide services that cater to worldwide needs in the financial services, education, business information markets and publishing through leading brands such as Standard and Poor's, Business Week magazine and McGraw-Hill Education. The corporation has more than 400 offices in 32 countries. Its revenue in the year 2000 rose to an all-time high of $4.3 billion. Mr Simon Allen, Managing Director for McGraw-Hill Education in Europe, Africa and West Asia, said that Dubai Media City offered a perfect location and the ideal business environment from which to expand business across West Asia.

Platts' regional headquarters at Dubai Media City will be the company's reporting centre for the entire region.

Platts' services cover oil, petrochemicals, natural gas, electricity, nuclear power, coal and metals markets. Each day, more than $10 billion of global trading activity and contracts are based on Platts' price assessments.

Clients can receive Platts' news and market information services by e-mail, fax and in print or in real-time via the Internet and over international networks provided by Standard and Poor's Comstock, Reuters, Bloomberg, Bridge, Telerate and Future Source.

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