Latest Projects to Help Avoid Power Shortages in the Region
Baghdad, Iraq; February 17, 2010 -- GE (NYSE:GE) today announced the signing of contracts totaling approximately US$200 million to supply power generation equipment and services for two independent power projects in the Kurdistan region of Northern Iraq. The two projects will help support the region's current and future power needs and the country's overall efforts to develop its energy infrastructure.
Dubai, UAE; February 3, 2010 -- GE Oil & Gas has reached an industry milestone with the supply of more than 100 turbocompressor trains for urea plants in 34 countries worldwide.
GE Oil & Gas provides reliable steam turbine driven compressor processing technology, as well as turbines for power generation, to many of the world's leading producers of ammonia and urea which are critical to the global agriculture industries as nitrogen rich fertilizers.
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Erbil, Iraq; December 15, 2009: General Electric Company (GE) has hosted the first of its kind Technology Day in Iraq to highlight its integrated solutions to Iraqi customers at a one-day event held in Erbil.
Beirut, Lebanon; November 20, 2009: General Electric Company (GE) is showcasing its global best practices in sustainable development with a focus on the company's own ecomagination initiative at the Arab Forum for Environment and Development (AFED) being held from November 19 to 20 in Beirut.
FAIRFIELD, Conn. - Dubai, UAE -- November 19th, 2009 ---(NYSE: GE) GE Capital, the finance arm of General Electric (NYSE: GE) announced the completion of its inaugural "sukuk" Islamic bond issuance tailored for investors across the Middle East, Asia and Europe. The five-year US$ 500 million denominated sukuk had strong demand and makes GE Capital the first US corporate issuer of an Islamic bond. Proceeds will be used for general corporate purposes.
DUBAI, U.A.E. -- 15 November 2009 -- Libyan Airlines has become a new CFM International customer with the selection of CFM56-5B engines to power seven firm, five option Airbus A320 family aircraft. The firm engine order is valued at approximately $95 million U.S. at list price and the airline is scheduled to begin taking delivery in mid-2010.
Libyan Airlines, based in Tripoli, was founded in 1964 as the national flag carrier of Libya. It operates scheduled passenger and cargo services within Libya and Europe, North Africa and the Middle East.
DUBAI, U.A.E. -- 15 November 2009 -- Tunisair has placed a $180 million order for CFM56-5B engines to power 10 firm A320 family aircraft. The airline, which also took options on two additional aircraft, is scheduled to begin taking delivery in June 2010.
"Tunisair is pleased to announce the selection of the CFM56-5B/3 engines to power its new Airbus A320 aircraft," said Nabil Chettaoui, president & CEO of Tunisair Group. "With this firm acquisition of CFM engines, Tunisair intends to fulfill the operational and economic targets we have planned for the future."
CHALFONT ST GILES, UK, 27 AUGUST 2009 - GE Healthcare, a unit of General Electric Company (NYSE: GE), today announced that Stephen Minger, Ph.D, previously Senior Lecturer and Director of King's College London's Stem Cell Biology Laboratory, will join GE Healthcare's Life Sciences business as head of Research and Development for Cell Technologies on September 1st 2009.
