Sunday 29 March 2015
 
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GE to expand Saudi manufacturing facilities

GE has announced plans to expand its manufacturing facilities in Saudi Arabia for the production of HA gas turbines at the GE Manufacturing & Technology Center and the setting up of a first-of-its-kind regional LED manufacturing facility.

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GE achieves 50pc efficiency on 10MW gas engine

GE Power & Water’s Distributed Power business recently achieved 50.1 per cent electrical efficiency on its 10-megawatt (MW) gas engine platform in a test environment in Austria. “As a technology leader in the distr

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GE, Egypt ink strategic healthcare pact

GE Healthcare has signed a partnership agreement with the Egypt Ministry of Health (MoH) to boost the country’s healthcare technology management system, with plans to establish a biomed center of excellence in the country. T

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Regional allies pledge $12 billion to Egypt

Gulf Arab allies pledged a further $12 billion of investments and central bank deposits for Egypt at an international summit on Friday, a big boost to President Abdel Fattah al-Sisi as he tries to reform the economy after years of political uphe

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GE to invest $200m in Egypt manufacturing facility

General Electric is investing $200 million in a manufacturing and training facility in Egypt's Suez City and had delivered a shipment of gas turbines to supply its grid. The $200 million investment would focus on power generat

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GE to invest $200m in Egypt manufacturing facility

General Electric is investing $200 million in a manufacturing and training facility in Egypt's Suez City and had delivered a shipment of gas turbines to supply its grid. The $200 million investment would focus on power generat

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Mubadala GE plans benchmark-size bond as soon as April

Mubadala GE Capital is considering a return to the bond market as early as April as it seeks cash to fuel its lending business, sources aware of the matter said on Thursday, joining a growing number of Gulf-based borrowers looking at new fundrai

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Mubadala GE net profit dips 3.9pc on fee income

Mubadala GE Capital, a joint venture between the Abu Dhabi state-owned fund and General Electric, has reported a 3.9 per cent drop in 2014 net profit as higher proceeds from the sale of financial assets could not offset a slump in fee income.

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GE to support Kenyan healthcare modernisation effort

The Kenyan Ministry of Health has selected GE Healthcare as a key strategic technology and solutions partner, following the conclusion of an open tender process, as part of a wide-scale healthcare transformation programme. The pro

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GE Oil & Gas unit wins Qafco optimisation deal

GE Oil & Gas today announced that its Downstream Technology Solutions (DTS) business has been awarded a long-term service contract with Qatar Fertiliser Company (Qafco) to help optimise the performance of the company’s fertilizer plant

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