GE announced third-quarter 2011 operating earnings of $3.4 billion, or $0.31 per share, up 11%, from the third quarter of 2010 (excluding effects of the preferred redemption).
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* Reinforces GE Commitment to Further Strengthen Iraq's Electricity Infrastructure Development
* 12-Year Parts and Repair Exclusive Contract to Ensure Long-Term Reliability and Overall Performance of 18 GE Gas Turbines at Arbil, Sulaimaniyah and Dohuk Power Plants in Kurdistan Region
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* GE Will Supply Six Advanced F-Technology Gas Turbines to Support Cairo's Growing Electricity Requirements
* GE-Led Consortium Wins Expansions at Giza North and Banha Power Plants, Projects Will Add 2,250 Megawatts
* These Contracts Constitute the Largest Power Generation Order Between GE and Egypt
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* Deal Strengthens GE's Position in $30 Billion Power Conversion and Automation Sector
* Converteam Technological Expertise to Enhance GE's Ability to Bring Localized Solutions to Fast Growth Regions
* Broadens GE Offerings for Energy Intensive Industries Such as Mining, Metals and Marine
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GE announced strong second-quarter 2011 operating earnings from continuing operations of $3.7 billion, up 18%, or $0.34 per share, up 17%, from the second quarter of 2010.
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* GE adds 22 new products & solutions, bringing total ecomagination portfolio to 110
* Extensive use of ecomagination products in region's aviation, healthcare, energy, water and oil & gas sectors
Dubai, UAE; July 13, 2011: GE (NYSE: GE) is underlining its commitment to the sustainable development goals of the Middle East region through its ecomagination initiative, having invested US$1.8 billion globally in the research & development of clean technologies in 2010, putting the company on course to meet its goal of US$10 billion cumulative investment between 2010 and 2015.
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* The 1,375 sq m facility marks a key foreign direct investment in the logistics sector of Dubai
* Full-fledged distribution center will stock the entire range of GE Lighting portfolio with over 2,000 products
* GE Lighting center will act as regional hub for exports to key markets in the Middle East and Africa
Dubai, UAE; July 7, 2011: GE Lighting, an industry leader in major lighting solutions for commercial, industrial and residential use, today, unveiled its first full-fledged distribution center in the Middle East in Jebel Ali Free Zone, Dubai.