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  • hot_glass hot_glass Apr 18, 2006 11:42 AM Flag

    Where is the Volume?

    as a newbee - and retired business owner,
    Are there patterns of Stock Market down times around April 15th (tax time)? Comments

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    • today. China has ordered 1.2 billion in windows software from microsoft. Now if we can get that olympic security order we fly and the short squeeze can start in serious.

      • 1 Reply to earmechanic
      • This was dated Feb 9 2006 on the RAK website with link below. We only had a 1.9 million order form Asia Pacific and then the 45 mill from Middle east. Since deal was signed with Nuctech, I think if ASEI is a player we may see this deal during the current chines trip.
        Exchange rate for

        RAK Customs signs deal to purchase advanced container scanning system

        Ras Al Khaimah, Feb 9(2006): The Ras Al Khaimah Customs and Ports Department today signed an AED 15 million deal (US$ 4.5 million) with a Chinese firm for the purchase of two hi-tech container scanning machines.

        Chairman of RAK Customs and Ports Department, Sheikh Ahmed bin Saqr AlQasimi, signed the agreement with Li Zhijun, Vice President of Nuctech Company Limited, for the purchase of the advanced container scanning system which can inspect cargo containers without opening them.

        Mohammad AlMehrizi, Director-General of the department, said that the static scanning machine, which can scan up to 200 containers per hour, would be installed at the Mina Saqr Port. "The new container scanning system would complement the development of the modern container terminal at the Mina Saqr Port", he said.

        Mehrizi said that the mobile scanning system would be placed in other ports and various entry points in the emirate. The mobile system would be able to scan up to 40 containers per hour.

        "The installation of the advanced machines would help to increase the efficiency of the Customs and Ports department and would also curb smuggling of goods. The new system would also ease the customs checking procedures and would help save time", he added.

        According to the contract, the department has the option to buy four more scanning systems in the next five years based on the requirements. The personnel from the RAK Customs Department would be trained in China for operating the machines.

        Chinese Consul General, Gao Youzhen attended the signing- in ceremony.


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