Dubai, September 25, 2002 ---- General Electric has announced the merge of its GE Appliances and GE Lighting businesses to form GE Consumer Products. The new scheme, which combines the two operations globally, is effective immediately and will be mutually beneficial for both businesses.
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Dubai, July 31, 2002 ---- GE's second-quarter earnings of $4.426 billion, a 14% rise over second quarter 2001 and the highest growth in any quarter in the Company's history, "demonstrate that our key strategic initiatives and business model have successfully steered growth in all of our businesses around the world, including the Middle East," said Nabil Habayeb, National Executive, General Electric, Gulf.
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Dubai, UAE, July 2, 2002 ---- GE Power Systems, the energy services business of General Electric, has today signed two Contractual Service Agreements with Ras Laffan Liquefied Natural Gas Company Ltd. (RLLNG) and Ras Laffan Liquefied Natural Gas Company Ltd. II (RLLNGII) in Qatar.
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Dubai, UAE, May 7, 2002 ---- GE Aircraft Engines has won a contract to supply GE F110 fighter engines to the Royal Air Force of Oman (RAFO). The new engines will power the RAFO's new fleet of 12 Lockheed Martin F-16 aircraft.
The contract, valued at more than US$50 million, makes Oman the 10th country in the world to select the F110 engine family for its F-16 fighter fleet.
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Dubai, UAE, April 8, 2002 -- GE Power Systems launches a new gas turbine Service Centre in Abu Dhabi today.
The Service Centre will be managed by Gulf Turbine Services - a joint venture between General Electric and Gulf Aircraft Maintenance Company (GAMCO) which was established in November 2001 to carry out repairs on GE and non-GE designed gas turbine components in the UAE.
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Dubai, UAE, March 13, 2002 ---- The General Electric Company (GE) has been named World's most admired company for the fourth successive year in the annual survey conducted by Fortune Magazine. In addition, it retains its leading position as America's most admired company for the fifth year in a row.
The magazine cites GE's depth of management strength and its consistent performance as reasons for its continuing place atop the list of both world and America's most admired companies.