A milestone in a strategically important new water supply that will help alleviate a severe water shortage in Jordan's capital and surrounding area has been reached with funding of construction of a pipeline project by GAMA Energy A.S., a joint venture between GAMA Holding A.S. and GE (NYSE:GE) unit GE Energy Financial Services. The US$1 billion Disi Water Conveyance Project includes construction of a 325-kilometer pipeline that will pump water from the Disi aquifer in Mudawarra to Jordan's most populous city, the capital of Amman.
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GEnx launch, Mubadala agreement, engine sales and services are show highlights
LE BOURGET, France --- June 18 2009 -- With its unveiling of the fastest selling large jet engine in GE history -- the GEnx -- and its strategic agreement with Mubadala Development Company, GE (NYSE: GE) and its joint ventures, CFM* and Engine Alliance+, announced more than $8 billion in orders at this week's Paris Air Show, which is held at Paris' Le Bourget airport.
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Al Dur project expected to account for 30% of the Kingdom's existing electricity output
SCHENECTADY, N.Y.--11 June 2009-- GE Energy today announced that it has signed contracts totaling more than $500 million to supply advanced power generation equipment and long-term services for the Al Dur Independent Water and Power Project, the largest power plant in the Kingdom of Bahrain.
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Company continues to grow revenues, reduce greenhouse gas emissions and meet other ecomagination goals
FAIRFIELD, Conn.--27 May 2009-- GE today announced that it has surpassed its first ecomagination goal to reduce its own greenhouse gas intensity, and is making progress against its other goals for revenue growth, water and technology innovation.
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Gulf Air, the flag carrier of the Kingdom of Bahrain, has placed a US$270 million order for CFM56-5B engines to power 15 new Airbus A320 family aircraft.
BAHRAIN --- April 27, 2009 --- Gulf Air has placed a $270 million U.S order for CFM56-5B engines to power 15 new Airbus A320 family aircraft scheduled for delivery between late 2009 and 2013.
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GE announced first-quarter 2009 earnings from continuing operations (attributable to GE) of $2.8 billion, or $.26 per share attributable to common shareowners, down 40% from first quarter 2008.
Please click here to read the rest of the press release, in English.
Corporate Communications
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GE announced that its 2008 annual report entitled "We are GE" is now available on the Company's Web site at www.ge.com/annualreport. Explore how we are building strong businesses, expanding our leadership and sustaining competitive advantage.
View the 2008 Annual Report Web site