News GE inks power agreements worth over $1.2 billion with Iraq Amwal Al Ghad English Aug 20, 2020 0 General Electric Co said it had signed two new agreements valued at over $1.2 billion with the Iraqi Ministry of…
Tech/AI Egypt to get 20 GE locomotives next April Marwa himdan Mar 11, 2020 0 Egypt will receive 20 new multi-use locomotives from General Electric Co within next April.
Tech/AI GE showcases how data, AI can shape future of healthcare industry Amwal Al Ghad English Nov 14, 2019 0 General Electric Co's healthcare unit has showcased its digital solutions and highlighted the digital transition…
Tech/AI General Electric beats low earnings expectations in Q2 as cash flow stablises Amwal Al Ghad English Jul 31, 2019 0 General Electric reported second-quarter earnings on Wednesday that were slightly better than expected by Wall…
Featured General Electric to supply turbine units for Egypt’s firsts nuclear plant Mahmoud Shaaban Oct 11, 2018 0 General Electric Co. has won a $700 million contract to supply turbine and generator units for Egypt’s first…
Industry & Trade General Electric, Iraqi Ministry of Electricity seal $400 mln contract aya salah Nov 22, 2017 0 The Iraqi Ministry of Electricity (MoE) has signed an agreement worth over $400 million with General Electric to…
World Stocks close lower as GE drops to lowest level since 2011 Yomna Yasser Nov 15, 2017 0 U.S. stocks fell on Tuesday as shares of General Electric slumped for a second straight day. Concerns about a…
World Stocks finish slightly higher, but big GE losses cap gains Yomna Yasser Nov 14, 2017 0 U.S. equities closed slightly higher on Monday amid dealmaking news, but a decline in General Electric shares,…
Industry & Trade General Electric mulls options for aircraft leasing unit: report Yomna Yasser Nov 7, 2017 0 General Electric is exploring options for its aircraft leasing operations, including the sale of all or part of…
Industry & Trade GE completes new substation in Cairo for future Egypt-Saudi Arabia power link-up Yomna Yasser Oct 31, 2017 0 General Electric announced Tuesday it has completed building and connecting new Badr substation, north-eastern…
Industry & Trade Baker Hughes wins major subsea deal for Egypt’s giant zohr field Yomna Yasser Sep 9, 2017 0 General Electric’s Baker Hughes energy services firm announced Saturday it had won a major subsea contract from…
Tech news Former General Electric CEO Jeff Immelt close to becoming Uber’s CEO Yomna Yasser Aug 20, 2017 0 The long and dramatic process for naming a new Uber chief executive may be coming closer to an end. First reported…
Banks Egyptian Cabinet approves EBRD’s €100 million railway financing deal Yomna Yasser Aug 2, 2017 0 Egyptian Cabinet has approved Wednesday a three-year €100 million financing agreement signed with the European Bank…
Banks Egypt signs €290 mln deal with EBRD to purchase 100 locomotives Yomna Yasser Jun 19, 2017 0 Egypt and the European Bank for Reconstruction and Development (EBRD) signed Monday a €290 million ($324 million)…
Industry & Trade Egypt, General Electric ink $575 mln deal for 100 multi-use locomotives Yomna Yasser Jun 18, 2017 0 Egypt signed Saturday a $575 million agreement with General Electric Co for GE to provide 100 new multi-use…
Industry & Trade General Electric to sign Egypt railway system upgrade deal today Yomna Yasser Jun 17, 2017 0 Egypt and U.S. conglomerate corporation General Electric (GE) will sign Saturday an agreement for the modernisation…
Industry & Trade Siemens, GE eye building wind turbine factories in Suez Canal region Noha Gad Jan 23, 2017 0 Egyptian General Authority for Suez Canal Economic Zone- SCZone is in talks with conglomerate corporations Siemens…
Banks Egypt signs BNP Paribas-led $650 million loan for two power plants Yomna Yasser Dec 21, 2016 0 Egypt’s state-run Egyptian Electricity Holding Co. has signed Wednesday a $650 million loan agreement with BNP…
Industry & Trade Aramco, GE to launch Saudi Arabia’s first wind turbine next month Ghada Ismail Dec 19, 2016 0 Saudi Aramco plans to commission its wind turbine pilot project, the first in the kingdom, next month, the state…
Industry & Trade Egypt is a huge market with many opportunities for investment: GE Chairman Noha Gad Sep 20, 2016 0 General Electric (GE) is partnering with the Egyptian Electricity Transmission Company to connect 7 GW of power to…
Tech news GE to buy SLM, Arcam for $1.4 billion in 3D printing push Ghada Ismail Sep 6, 2016 0 General Electric announced plans on Tuesday to buy two European 3D printing groups - Sweden's Arcam and…
Industry & Trade GE: Egypt set to be regional leader in engine repair Yomna Yasser Aug 2, 2016 0 Daily News Egypt interviewed vice president and general manager of Global Sales and Marketing Chaker A. Chahrour to…
Egypt News General Electric, EgyptAir sign aircraft engine maintenance agreement Yomna Yasser Jul 30, 2016 0 US-based General Electric (GE) and EgyptAir signed on Thursday a TrueChoice Materials agreement for aircraft engine…
Industry & Trade General Electric upgrades 2 gas turbines in Egypt to improve efficiency Yomna Yasser Jul 26, 2016 0 General Electric (GE), one of the world’s leading engineering and tech giants, announced Monday that it has…
Egypt News EgyptAir inks GE’s TrueChoice agreement for overhaul consulting Yomna Yasser Jul 13, 2016 0 General Electric has signed Tuesday a TrueChoiceTM Materials agreement for maintenance, repair and overhaul…
Tech news GE, Microsoft partner to accelerate digital transformation for industrial customers Yomna Yasser Jul 12, 2016 0 General Electric GE (NYSE: GE) and Microsoft Corp. (Nasdaq: MSFT) announced Tuesday a partnership that will make…
Industry & Trade General Electric CEO visits Egypt for second time in two months Yomna Yasser Jun 20, 2016 0 Egyptian President Abdel Fattah al-Sisi met on Saturday with General Electric Company CEO Jeffrey R. Immelt.…
Industry & Trade GE to upgrade Egypt’s Damietta, Asyut power plants capacities to 2.25GW Noha Gad May 28, 2016 0 U.S.-based conglomerate corporation General Electric (GE) is set to upgrade Egypt's Damietta and Asyut power…
Industry & Trade U.S. General Electric supplies Egyptian Railways with 110 locomotives Noha Gad May 4, 2016 0 American conglomerate corporation General Electric (GE) provided Egyptian National Railways with more than 110…
Industry & Trade Oil gloom hurts General Electric’s earnings Yomna Yasser Apr 23, 2016 0 The global oil-market rout continued to weigh on General Electric Co., which posted a quarterly fall in operating…
Industry & Trade General Electric signs $250 million deal to reinforce Egypt’s national power grid Yomna Yasser Apr 18, 2016 0 U.S.-based multinational conglomerate corporation General Electric has signed a US$250 million contract with the…
Industry & Trade U.S. General Electric investments in Egypt hit $340mn Noha Gad Apr 14, 2016 0 The investments of the U.S.-based conglomerate corporation General Electric in Egypt is currently estimated at…
Tech news Samsung held talks with General Electric for appliances business: Korean agency Yomna Yasser Jan 16, 2016 0 Tech giant Samsung Electronics Co Ltd held talks with General Electric Co about buying the U.S. company's…
Industry & Trade General Electric moving HQ to Boston for tech talent, tax cut Yomna Yasser Jan 14, 2016 0 General Electric Co said Wednesday it will move its global headquarters to Boston, tapping the city's technology…
Industry & Trade SMFG to buy GE’s Japan leasing business for $4.8mn Noha Gad Dec 15, 2015 0 Sumitomo Mitsui Financial Group Inc (SMFG) (8316.T) agreed to buy General Electric's (GE.N) Japanese leasing…
Industry & Trade GE, Alstom land $5.6 billion deals to supply Indian railway Noha Gad Nov 10, 2015 0 General Electric (GE.N) and Alstom (ALSO.PA) have won contracts worth a combined $5.6 billion to supply India's…
Banks Egyptian Electricity Holding eyes $525 million banking finances Yomna Yasser Aug 25, 2015 0 State-run Egyptian Electricity Holding Company (EEHC) is requesting banks to secure a US$525-million financing. The…
Industry & Trade General Electric supplies Steam Turbines for Two Power Plants in Egypt Noha Gad Jul 29, 2015 0 General Electric Co to supply Egypt with three D200 steam turbines to enhance the capacities of two power plants in…
Banks Egypt’s ELAB approves $12mln-loan for Electricity Holding Company aya salah May 31, 2015 0 Egyptian Arab Land Bank (EALB) will contribute US$ 12 million of US$ 521 million to the Egyptian Electricity…
Industry & Trade General Electric ties up with Qualcomm, Apple in new Lighting Business Bet Yomna Yasser May 4, 2015 0 General Electric Co Monday announced collaborations with Qualcomm Inc and Apple Inc as it uses digital technology…