Archive for the ‘deal’ tag

Dubai market bullish ahead of Eid

The DFM Index surged 1.49% to 1,592.24 points ahed of Eid ul-Fitr. The DFM will remain closed from Wednesday until the fourth day of the Islamic month of Shawwal. Emaar Properties, the most liquis stock, closed 1.94% higher at Dhs3.68. Shares of telecom provider du closed at a 14-week high at Dhs2.28 (up 3.96%). Global Investment House writes on GCC telecoms: “With the resolving of the blackberry in Saudi Arabia, the chances have become brighter for a similar deal in UAE.” The UAE seeks access to transmitted data done by Blackberry users and has set a deadline until October 11. Islamic real estate developer Deyaar failed to join the sector’s advances and finished 1.63% lower at Dhs0.301. Traded value and volumes declined ahead of Eid holidays by 30% and 23%, respectively as 156.32m shares worth Dhs275.76m changed hands.

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Mobily partners with Carrefour on Neqaty

Etihad Etisalat (Mobily) signed a new strategic deal with Carrefour in Saudi Arabia to bolster its renowned Neqaty loyalty program. The deal was signed by Mobily’s Chief Marketing Officer, David Murphy and Carrefour’s CEO for Saudi Arabia & Bahrain, Alain Goanvec with Mobily’s CEO Eng. Khalid Al Kaf and COO Mr. Abdulaziz Altammami attending the ceremony.

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RCOM, GTL call off tower deal

The proposed Rs 50,000-crore deal between Reliance Infratel (R-Infratel) and GTL Infrastructure to merge telecom tower businesses of the two companies has fallen through mainly due to differences over valuation.

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Posted: September 7th, 2010
at 11:47am by Arif

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How to Prepare for an Earthquake

An earthquake is a very dangerous natural disaster, particularly in the Pacific Rim region. In fact, scientists now believe that the highly populated Southern Californian area is long overdue for a massive earthquake along the San Andreas fault.[1]

After an earthquake, your home could be a mess and you might be left without a water supply and energy. There are several things you can do to prepare for an earthquake before it happens, to minimize the damage and potential for injury in and around your home.


Steps

  1. Beware of heavy books - place them on lower shelves

    Beware of heavy books – place them on lower shelves

    Check for hazards inside your home. There are a number of specific hazards in your home that you can deal with before an earthquake occurs. Once they are properly secured, they become less of a hazard to you, your family, and your pets.

    • Fasten all shelves securely to the walls.
    • Use brackets to attach wall units, bookcases, and other tall furniture to wall studs. Standard steel brackets are find and easy to apply.
    • Place large, heavy objects on lower shelves or on the floor. They might fall during an earthquake and the less distance they have to fall, the better. You can also screw objects onto things, such as a desk.
    • Use non-slip mats to prevent heavy objects, or objects with a low center of gravity, from sliding. For example, fish bowls, vases, floral arrangements, statues, etc. Cut down to size if needed.
    • Use invisible nylon cord to secure tall, heavy items that can topple over to the wall. Place an eye screw in the wall, and tie the thread around the object (such as a vase) and then tied it to the eye screw.
    • Take care of precious ornaments by sticking them down

      Take care of precious ornaments by sticking them down

      Place breakable items (bottles, glass, china, etc.) in closed cabinets that have latches. Lock or latch them up so that the cabinet doors cannot fly open. Use poster tack/plastic putty to keep ornaments, figurines, and glassware adhered to shelves and mantelpieces. (There are even special commercial quake putties available.)

    • Heavy pictures, light fixtures, and mirrors should be hung away from beds, couches, and anywhere that someone might sit. Conventional picture hooks will not hold pictures during an earthquake but they are easy to fix – simply push the hook closed, or use a filler material to fill the gap between the hook and its backing. Other alternatives include buying special art hooks, and ensuring that heavy painting have adequate, strong hooks, and strong cord.
    • If you have any deep cracks in the ceiling or foundations, repair these immediately. You might need to consult an expert if there are signs of structural weakness.
  2. Make sure that the hot water heater is stable and cannot topple over

    Make sure that the hot water heater is stable and cannot topple over

    Evaluate your electrical wiring, electrical appliances, and gas connections. Do any repairs if needed. During an earthquake, faulty fittings and wiring can become a potential fire hazard. When securing appliances, be sure not to drill holes in them – use existing holes, or make loops from leather, etc., that can be glued onto an appliance.

    • Keep appliances turned off and unplugged, so that the outlet is not near the metal part of the cord.
    • Attach or secure appliances to prevent sliding. Non-slip mats are a good choice under smaller appliances, or try Velcro or rubber cups under legs.
    • If the water heater topples over, you lose an excellent source of drinking water, so it pays to keep it intact and upright. Secure your water heater by strapping it to wall studs (not just the drywall) and bolting it to the floor. Either purchase straps as part of a plumbing kit, or make your own straps from perforated strapping. Use screws and turnbuckles to hold the heater in place. Screw or nail timber blocks to the floor around the heater. Fit timber blocks snugly behind the cylinder and wall and glue into place.
    • Overhead light fixtures should be braced to prevent them from falling.
  3. Keep the flammables in a safe place

    Keep the flammables in a safe place

    Fix flammables. Fires after an earthquake can cause as much, if not more, damage than the earthquake. It is important to minimize the risk of fire by doing the following:

    • Store flammable products in closed cabinets with latches on the bottom shelf.
    • Attach gas bottles to the wall to prevent them from toppling over. Use a chain and hooks in the wall to keep it in place.
    • Have flexible fittings placed on your gas pipes. A professional plumber will need to do this. It’s also a good idea to have flexible fittings on your water pipes, so have these fixed at the same time.
  4. Chimney bricks fall easily during an earthquake...

    Chimney bricks fall easily during an earthquake…

    Look around your house. The house exterior should also be checked for weaknesses during an earthquake.

    • If your house has a chimney, this can be a source of injury if it topples during an earthquake. Secure it to the walls of the house using galvanized metal angles and bands at the top, ceiling line, and base. The angles can be bolted to the wall, and to ceiling joists or rafters if you have cladding on the house. For the part of the chimney sitting above the roofline, brace it to the roof.
    • Ensure that the house foundations are properly braced.
  5. Practice earthquake drills at home

    Practice earthquake drills at home

    Identify safe places both indoors and outdoors. Examples include: under sturdy furniture, against an inside wall (where the other side is not exposed to the outdoors), away from mirrors or windows, or in the open away from buildings and trees. If you don’t need them anymore, you can throw them away.

  6. Educate yourself and those in your family about what your family should do in the event of an earthquake.
    • Decide in advance on the best place to go during an earthquake and what they can do if you are incapacitated. Children should know how and when to call emergency services and someone besides yourself should be able to shut off your dwelling’s gas, water, and electricity.
    • If you have civil defense safety meeting points, be sure that every member of the family knows the location of the one closest to home, school, and work.
    • Create an emergency communication plan that is known by every member of the family. Determine a central meeting place, in case you are separated before or during an earthquake.
    • Ask an out-of-state family member or friend to serve as a central contact (and maybe you can be their contact too). Make sure everyone memorizes this person’s phone number. Don’t rely on cellular phones or radios for contact.
    • Try to develop routes and methods for getting home after an earthquake has occurred. Since there is no precise time of day when an earthquake might strike, you may be at work, at school, on a bus, or in a train when one strikes. It is highly likely that you will need to know several ways to get home since roads and bridges will likely be obstructed for long periods of time.

  7. Prepare suitable supplies

    Prepare suitable supplies

    Prepare disaster supplies in advance. The following items are important to have readily available in your home, situated in a central location:

    • Flashlight with extra batteries (preferably one for each individual)
    • Portable, battery-operated radio with extra batteries
    • Purchase and use “self powered radios” and “self powered flashlights”. Batteries will be hard to find, if you can find them. Some models will charge cell phones, but the cell phone towers may be damaged, even destroyed.
    • Purchase and use “glow sticks“. These are safer than candles, since you will be dealing with ruptured gas lines, flammable, explosive gas.
    • First aid kit and manual
    • Emergency food and water (some sources say you should have up to 2 weeks worth of extra food on hand in case rescue workers cannot reach your location)
    • Nonelectric can opener
    • Essential medicines
    • Cash and credit cards
    • Sturdy shoes for each family member.
  8. Help your community to prepare. It can be as simple as printing this article and circulating it, or more elaborate like creating community meeting places and central food stores. Most schools and some workplaces in earthquake prone areas will practice regular drills and you might be able to offer your volunteer services to help carry out the drills.


Video


Tips

  • Remember the mantra: “Fix, fasten, forget.”
  • If you don’t have the knowledge or ability to fix your home, ask for help. Ask your neighbors to lend a hand, other family members, or dial a handyman company that is good at fixing things for a reasonable price. Use qualified, reputable plumbers and electricians for all electrical and plumbing work.
  • When looking online for items to help you quake proof your home, a good search term is “earthquake safety products”.
  • Confusion is the first thing after an earthquake. Try to eliminate confusion and worry by developing a communication plan that does not rely on cell phones, radios, or other portable devices. Creating a family reunion point is sensible, communicating this clearly to the family on a regular basis is essential, as we tend to revert to our basic training when in an emergency situation.
  • If at all possible, avoid living near fault lines and large mountains in an earthquake-prone region. Not only will the damage to your home be more severe, but it will be more likely that you cannot get to your home if you are away from it.
  • Make sure all gas lines are completely tightened. And do not turn any lights on after an earthquake!
  • Consider keeping a pair of shoes, a flashlight and an energy bar under your bed. Similar items should be kept at your desk at work or school (for work, keep a pair of comfortable walking shoes ready).


Things You’ll Need

  • Plastic putty can be purchased from hardware stores, stationery stores, and supermarkets. Some art and antique galleries might also have suitable putties for sale.
  • Non-slip mats or matting. Available from hardware stores.
  • Furniture-to-wall braces, also reversed brackets. Available from hardware stores.
  • Flashlight with extra batteries
  • First-aid kit
  • Portable radios with extra batteries
  • Clothes (enough for a minimum of 3-5 days)
  • Bottled water (enough for 1 gallon per person)
  • Non-perishable food able to eat with minimal heat (ex. cereal bars)
  • Baby formula and baby food if you have an infant
  • Canned or packaged food for your pet(s)
  • Any non-electrical source of entertainment
  • Phone numbers of possible shelter if a cell phone is available and working
  • “Self powered radios” and “self powered flashlights”, glowsticks. Batteries will not be available and candle use will be forbidden due if there are ruptured gas lines, (or use your common sense if you smell gas). Find these radios at the local electrical supplies store, these lights, glowsticks at variety stores. Get these ahead of time and store somewhere that is easy to access.


Related wikiHows


Sources and Citations


Article Tools

Strength & self-respect key to seat deal: Rahul

Before settling down for talks with Trinamool Congress, Rahul Gandhi wants the state unit to beef up its organisational strength.

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Posted: September 7th, 2010
at 10:23am by Arif

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KNPC inks $406 mln refinery deal with Italy’s Tecnimont

KUWAIT CITY, Sept 6, (KUNA): Kuwait National Petroleum Company (KNPC) announced on Monday signing a contract to establish an acid-gas removal plant with Italy’s Tecnimont S.p.A. The state’s refiner, controlled by the Kuwait Petroleum Corporation (KPC…

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Oman in $3b deal to revive Indian fertiliser plants

India and Oman to form a senior-level working group to bring shut-down units back to life

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Posted: September 7th, 2010
at 9:57am by Arif

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Aurobindo in supply pact with AstraZeneca (The Telegraph)

Mumbai, Sept. 6: Hyderabad-based Aurobindo Pharma today signed a deal with AstraZeneca under which it would supply generic drugs to be marketed by the latter in emerging markets.

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Posted: September 7th, 2010
at 9:41am by Arif

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Al Aan and YouGov launch regional polls project

Dubai-based Al Aan satellite channel and research company YouGov Siraj have launched a joint project aimed at understanding and reflecting the socio-economic outlook of Arab consumers. As part of the deal, weekly and monthly polls will be conducted across the Arab region, utilising YouGov Siraj’s 225,000 strong panel. The polls will cover Saudi Arabia and the UAE as well as Egypt and Iraq. The broadcaster plans to broadcast the first poll results later this month.

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Campco awards Dh140m deal to Drake subsidiary

Labour housing project in Al Dhafra, Abu Dhabi to be finished in 2011

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Posted: September 7th, 2010
at 8:08am by Arif

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ADNL set for $1.1bn deals

Abu Dhabi National Leasing (ADNL) expects to close Dhs4.1bn ($1.1bn) worth of aircraft, shipping and heavy equipment deals in the next six months, The National has reported. The deals will be primarily with Abu Dhabi and other UAE companies with state backing, ADNL managing director, Yousef Abdulla Yousef said. The largest deal is said to be worth an estimated Dh2bn with a “government-backed entity” for heavy equipment and vessels that could be announced later this month, he said.

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Al Wojdaniya in deal with Emirates

DUBAI – Al Wojdaniya Corporation for Car Rental and Passenger Buses announced on Monday a partnership agreement eith Emirates airline valued at Dh10.5 million to provide luxury transportation to the Dubai carrier’s guests.

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‘Rough justice’ for hedge funds

Wall Street may be making too big a deal about proposed enterprise value tax on sales of financial partnerships

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Posted: September 7th, 2010
at 4:47am by Arif

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Labor, Coalition agree on independents demand for Par reform

Australia’s ‘kingmaker’ MPs on Monday struck a deal on parliamentary reform with both the Labor and the Coalition, inching closer to a decision on which side they would support following over two weeks of political negotiation to form a minority government.

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Shareholders approve Reliance Power-RNRL merger

Shareholders of Reliance Power and Reliance Natural Resources have approved the merger of the two Anil Dhirubhai Ambani Group (ADAG) companies in a $11 billion all-stock deal.

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Posted: September 6th, 2010
at 2:20pm by Arif

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ET Now: GTL Infra calls off tower deal with RComm

ET Now: GTL Infra calls off tower deal with RComm

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Posted: September 6th, 2010
at 12:04pm by Arif

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ADIB leads the Islamic tranche of the Dhs4.0bn project finance facility for the Emirates Steel Industries expansion project

United Arab Emirates: In the largest project finance deal in the UAE, Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, led the Islamic Tranche of the Dhs4.0bn ($1.1bn) Project Finance Facility for Emirates Steel Industries, the UAE’s leading steel maker. Further, ADIB anchored the Facility with an Dhs920m funding, the largest participation. [AMEInfo.com]

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No deal with Maoists to free policemen: Nitish Kumar

There was no deal with Maoists to secure the release of three policemen abducted over a week ago, Bihar CM Nitish Kumar said on Monday, and asserted that the government has been “firm on unconditional talks” with the rebels.

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Posted: September 6th, 2010
at 11:09am by Arif

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No deal with Maoists to free cops: Nitish

There was no deal with Maoists to secure the release of three policemen abducted over a week ago, Bihar Chief Minister, Mr Nitish Kumar, said on Monday, and asserted that the government has been “firm on unconditional talks” with the rebels.

“There was no deal. The government was firm on unconditional talks. We did everything

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Posted: September 6th, 2010
at 11:08am by Arif

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No deal struck with Maoists for freeing policemen: Nitish Kumar

There was no deal with Maoists to secure the release of three policemen who were abducted over a week ago, Bihar Chief Minister Nitish Kumar said today adding that the released cops had been sent home.

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Posted: September 6th, 2010
at 10:41am by Arif

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Melody Entertainment Arabic channels to be distributed in France

Egyptian broadcaster, Melody Entertainment has announced its flagship Arabic channels are to be distributed in France as part of “Le bouquet Libanais” and “Le bouquet Arabia” available on SFR IPTV platform. According to the deal, Melody Arabia channel, among other Lebanese channels, is available through the ‘Le bouquet Libanais’ package, while Melody Aflam, Melody Arabia and Melody Drama will be offered through ‘le Bouquet Arabia.’

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Posted: September 6th, 2010
at 8:33am by Arif

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EzRemit signs Bank of Egypt partnership deal

EzRemit (EzR), part of Bahrain’s BFC Group Holdings, has signed a strategic partnership with United Bank of Egypt (UBE) to offer remittance services in the North African country. The expansion is part of EzRemit’s growth plan, with UBEs large branch network adding 38 locations throughout Egypt. The partnership is being formed due to the growth potential projected for the local remittance industry.

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Al-Futtaim signs Dh6b deal

DUBAI – Al-Futtaim, one of the biggest family-owned enterprises in the region, on Sunday signed a Dh6 billion ($1.6 billion) agreement with Qatar Islamic Bank and Aqar Real Estate Investment to develop a large retail and leisure project in Doha.

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UNB and EIBFS sign deal to boost Emiratisation

ABU DHABI – Union National Bank, or UNB, has signed an agreement with the Emirates Institute for Banking and Financial Studies (EIBFS) to sponsor the Derasatee Programme, an initiative under which young Emiratis are offered diploma courses in financial studies.

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Mulk Holdings in Dh450m expansion deal with Mideast and Indian firms

DUBAI – UAE-based Mulk Holdings has announced a Dh450 million expansion programme that includes joint ventures with Gulf and Indian companies.

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Posted: September 6th, 2010
at 7:25am by Arif

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Staff-Transaction Advisory Services, Competitive Salary – Kuwait

As a member of staff within the Transaction Support team, you’ll participate in due diligence engagements related to transactions involving private equity investor groups and strategic corporate buyers. You’ll prepare analyses of historical and pro forma financial information to assess trends and fluctuations that may impact cash flow requirements and deal valuation. Client …

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Emaar fraud is `550cr: APIIC

Palakol: The inquiry into the Emaar deal has been completed and the report will be submitted to the state government on September 7. The report has found that the government lost `550 crore in the venture with Emaar. The APIIC chairman, Mr S. Sivarama Subrahmanyam, said that irregularities were found during the tenure of Ambati Rambabu as chairman of APIIC.

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Posted: September 5th, 2010
at 10:03pm by Arif

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Gorkha deal may be sealed soon

A crucial tripartite meeting at the home ministry on Tuesday could practically seal a deal between West Bengal, the Centre and GJM, the outfit spearheading the agitation in the hill districts of Darjeeling. Aloke Tikku reports.

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Posted: September 5th, 2010
at 9:40pm by Arif

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Rane goes on backfoot over Lavasa deal

It’s been more than two months since the schools started the new academic session.

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Posted: September 5th, 2010
at 8:36am by Arif

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Flydubai to receive in-flight entertainment system next month

Dubai’s low cost airline flydubai has taken delivery of its first Boeing aircraft equipped with Lumexis’ “Fiber To The Screen” In-Flight Entertainment, Arabic Al-Khaleej has reported. Last May, the carrier had signed a deal with US-based Lumexis at the Aircraft Interiors Expo in Hamburg to install the FTTS system in 44 B737-800NGs.

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Strip tease: Indian webcomics make a mark

They spoof Bollywood movies, deal with identity issues, write futuristic graphic novels on India and find humour in the frustrations of daily life.

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Posted: September 5th, 2010
at 8:13am by Arif

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Russia and India sign satellite navigation deal

Indian and Russian companies signed a deal that will see Indian buses guided by a Russian satellite navigation system, the news agency Interfax reported on Saturday.

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Posted: September 5th, 2010
at 8:10am by Arif

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Cong takes credit for Maya’s ‘climbdown’ on land acquisition

Congress today tried to take credit for the better deal offered to the farmers by the Mayawati government in Uttar Pradesh saying it was achieved due to the pressure from the party and the visit of Rahul Gandhi to the state.

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Posted: September 4th, 2010
at 9:03pm by Arif

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Zayed University to offer ICAEW certificate

The UAE’s Zayed University has announced that its Institute for Community Engagement has become a Partner in Learning of ICAEW (Institute of Chartered Accountants in England and Wales). Through the deal, ICE will offer ICAEW’s Certificate in Finance, Accounting and Business (CFAB) to its corporate clients.

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State, L&T to sign Metro deal today

Hyderabad, Sept. 3: The state government and L&T will sign the concession agreement on the `12,000-crore Hyderabad Metro Rail project on Saturday. The agreement will be signed in the presence of the Chief Minister, Mr K. Rosaiah, and the L&T executive, Mr Deosthalee. The MD of the HMRL, Mr N.V.S. Reddy will sign the agreement on behalf of the state.

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Turkish VPDirector private equity Dubai

An exciting Private Equity company needs a Turkish VPDirector to join their ranks in a role that will involve good deal flow as they look to take advantage of low asset prices Your role will be to -Lead and conduct dealacquisition analysis using your strong technical skills which will include modelling valuations research and due diligence -Y

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Obama demands Mid-East progress (BBC World)

President Obama urges Mid-East leaders not to let the chance of a peace deal slip away, ahead of a new round of talks.

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Posted: September 3rd, 2010
at 5:40am by Arif

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Burger King agrees to $3.26B buyout by 3G Capital

Burger King Holdings Inc, America’s perennially No 2 hamburger chain, said today that it is selling itself to little-known private equity firm 3G Capital in a deal valued at $3.26 billion.

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Posted: September 2nd, 2010
at 10:06pm by Arif

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CORRECTED – CORRECTED-UPDATE – Avis raises offer for Dollar Thrifty

[at Reuters] – * Avis ups cash portion of deal to $40.75 a share * Avis again does not include reverse breakup fee

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Posted: September 2nd, 2010
at 3:39pm by Arif

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UPDATE – Avis raises offer for Dollar Thrifty

[at Reuters] – * Avis ups cash portion of deal to $40.75 a share * Avis again does not include reverse breakup fee Sept 2 – Avis Budget Group Inc increased the cash portion of its offer for rival Dollar Thrifty Automotive Group by 1.35 percent, but refused to include a reverse termination fee in the offer.

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