Monday 14 July 2014
 
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GE

France picks GE for Alstom venture

France has chosen General Electric to form an alliance with Alstom - rejecting an offer from Siemens and Mitsubishi Heavy Industries - but said the deal still needed some work and added it would buy a 20 per cent stake in the hotly-contested com

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GE pledges 1,000 French jobs as part of Alstom deal

General Electric (GE) strengthened its position in the battle for the power arm of French group Alstom yesterday with a pledge to create 1,000 jobs in France and recognition from Paris that it had made a more acceptable offer. GE

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GE unit to offer training for English teachers

GE Foundation, the philanthropic unit of GE, which focuses on education and the environment, has teamed up with the US educational organisation AmidEast, to offer professional training for English language teachers in the Mena region.

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Siemens 'offers cash, trains swap for Alstom power'

German engineering group Siemens is offering Alstom half of its train-making business plus cash in exchange for its French rival's power turbines division, Le Figaro newspaper reported on Sunday. Le Figaro said it had seen the

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GE, Aramco launch desal efficiency challenge

GE ecomagination and Aramco Entrepreneurship today launched an open global technology challenge to accelerate the development of solutions focused on improving energy efficiency of seawater desalination. The $200,000 challenge wil

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US firms in landmark move to sell jet parts to Iran

US aerospace companies are seeking permission to sell airliner parts to Iran for the first time in three decades, in a key test of the temporary relief on sanctions given under talks to curtail Iran's nuclear activities. At le

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GE opens ecomagination center in Abu Dhabi

GE on Wednesday unveiled the ecomagination center which was developed by the company in a strategic co-operation with Mubadala Development Company at Masdar City. Masdar City, located in Abu Dhabi, is one of the world’s most

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GE holds CSR event for special needs students

GE, a global technology leader, recently organised along with its channel partners a ‘build a bike’ initiative for the special needs students at Al Manzil School in Sharjah. Al Manzil School is a professional care-givi

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Airlines alerted on engine icing problems

The US aviation regulator has required US airlines to inspect any General Electric engines on Boeing 787 Dreamliner and 747-8 aircraft that experience icing problems which could lead to loss of thrust and forced landings. The Fede

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GE wins $700m Saudi turbine supply deal

General Electric Company said it has signed a nearly $700 million deal with Saudi Electricity Company to supply natural gas turbine generators. The order comes as demand for GE's generators has begun to slowly recover after be

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