Long-Term Agreement Strengthens GE's 50-Year Relationship with Saudi Aramco
GE (NYSE: GE) today signed a Corporate Procurement Agreement (CPA) with Saudi Aramco, the national oil company of Saudi Arabia, which establishes a long-term framework for the supply of GE turbomachinery equipment and services to support the efficient production of oil and gas in the Kingdom.
Increased Efficiency, Wider Uses of Alternative Fuels are Keys to the Collaborative Program at King Fahd University of Petroleum and Minerals
King Fahd University of Petroleum and Minerals (KFUPM) and GE (NYSE:GE) today announced an agreement to establish a new fuel research center to be located on the University grounds in Dhahran, Saudi Arabia.
* Companies to advance development of high-value integrated diagnostics for cardiovascular disease
* GE Healthymagination Fund invests $5 million to drive innovation and new product development
GE Healthcare, the healthcare business of GE (NYSE: GE), and CardioDx, a pioneer in cardiovascular genomic diagnostics, announced that the companies have entered into a strategic alliance to advance and co-develop diagnostic technologies to improve the care and management of patients with cardiovascular disease.
الرياض، المملكة العربية السعودية 17 مايو 2010: فازت شركة "جنرال إلكتريك GE"، المسجلة في بورصة نيويورك بالرمز (NYSE:GE)، بعقد تصل قيمته إلى نحو 300 مليون دولار أمريكي لتزويد 5 توربينات بخارية إلى "الشركة السعودية للكهرباء" لاستخدامها في مشروع توسعة محطة القريّة لتوليد الطاقة التي تعمل بالدورة المفتوحة، والتي تقع في المنطقة الشرقية من المملكة.
GE Receives nearly $300 Million Contract; Project Supports Kingdom's Energy Efficiency Initiatives
GE (NYSE: GE) has received a contract of nearly $300 million to supply five steam turbines for a major expansion of the Saudi Electricity Company's (SEC) Qurayyah Open Cycle Power Plant in Saudi Arabia's Eastern Province. The five steam turbines will join 15 GE F-technology gas turbines already operating at the site, converting the plant to combined-cycle operation to help Saudi Arabia meet its goals for greater power generation capacity and efficiency.
* MoU with Ministry of Commerce & Industry's National Industrial Strategy to strengthen manufacturing sector
Chicago, USA; April 28, 2010: Saudi Arabia's Ministry of Commerce & Industry and General Electric Company (GE), today announced a strategic partnership aimed at building a sustainable economy through a focus on industrialization, research and education, and creating new jobs for Saudi nationals. This partnership marks GE's 'company to country' approach in Saudi Arabia to become a trusted partner in the Kingdom's developmental goals.
* Saudi Arabia is one of the key markets for GE Healthcare
Riyadh, Saudi Arabia: GE Healthcare, the healthcare business of General Electric Company (GE), is showcasing its advanced range of diagnostic technologies and the company's healthymagination initiative at the 13th International Healthcare, Hospital Supplies and Medical Equipment Show (Saudi Medicare 2010) being held this week from April 12 to 15 at the Riyadh International Exhibition Center.
