General Electric

80 General Electric train engines enter service in Egypt, more to follow

Wed, 13 Jan 2021 - 02:28 GMT

The ministry signed with the American firm a deal worth $602.05 million.

Egypt receives fifth batch of General Electric train engines

Sat, 05 Sep 2020 - 06:50 GMT

Egyptian transport minister Kamel el Wazir went Saturday to Alexandria to celebrate the arrival of the fifth batch which consists of 30 train engines supplied by General Electric and transported by sea.

Delivery of Egypt's 5th batch of GE train engines postponed to September, more units to arrive

Mon, 17 Aug 2020 - 10:12 GMT

Source at ERA told Egypt Today that the delivery of the fifth batch of the General Electric train engines scheduled for mid-August has been postponed to September.

Egypt to receive 20 General Electric train engines in August

Sun, 05 Jul 2020 - 12:26 GMT

The batch will consist of 20 units bringing up the total supplied units to 90.

National Authority for Military Production, General Electric sign MoU

Wed, 27 Nov 2019 - 12:02 GMT

The memo falls within the framework of the state's shift to a digital society.

GE drags premier U.S. corporate debt, which posts worst year since 2008

Mon, 31 Dec 2018 - 09:28 GMT

General Electric Co’s (GE.N) securities have weighed on both markets as the 126-year-old conglomerate founded by Thomas Edison has suffered staggering losses and asset writedowns.

Govt. denies intention to privatize railways

Sat, 15 Sep 2018 - 11:42 GMT

The Ministry of Transportation denied the intention to privatize the railway facilities

Manjung power plant: A safe way to generate energy from coal

Thu, 09 Aug 2018 - 03:55 GMT

Energy giant General Electric (GE) managed to find a safe way to generate power from coal in Malaysia's Manjung coal-fired power plant

General Electric's power unit faces threat in Saudi Arabia

Thu, 19 Jul 2018 - 09:24 GMT

One of General Electric Co’s (GE.N) largest and most valuable customers, Saudi Arabia, is lining up competitors to bid against GE for lucrative power plant work.

Dow-ned but not out: Expulsion no body blow for GE shareholders

Wed, 20 Jun 2018 - 08:58 GMT

GE fell 1 percent in extended trade following the announcement, while Walgreens jumped 3 percent.

General Electric's power unit fights for growth as wind, solar gain

Thu, 24 May 2018 - 09:09 GMT

New plant sales are “going to be tough,” Flannery said at an investor conference on Wednesday.

Communications Min., GE firm mull bilateral cooperation

Sat, 17 Mar 2018 - 02:29 GMT

Communications Minister discussed with the Senior Vice President and Chief Commercial Officer of General Electric means of boosting bilateral cooperation.

GE says it may face U.S. action over subprime mortgage operations

Sat, 24 Feb 2018 - 09:39 GMT

GE faces potential legal action by the U.S. Department of Justice over allegations that its GE Capital unit and WMC Mortgage Corp unit violated U.S. law.

GE eyes $4B in asset sales, has no plans to sell stock: CFO

Thu, 22 Feb 2018 - 10:07 GMT

General Electric has “line of sight” on the first $4 billion in asset sales under its plans for $20 billion in disposals.

GE exploring industrial gas engine business sale: Sources

Sat, 17 Feb 2018 - 10:08 GMT

General Electric Co is exploring a sale of its industrial gas engine business that could be worth as much as $2 billion.

GE shares stumble to worst week since financial crisis

Sat, 20 Jan 2018 - 10:46 GMT

General Electric shares tumbled for a fifth straight session on Friday, sending the stock to its biggest weekly percentage drop since the financial crisis.

General Electric lays off workers at power business in New York

Sat, 02 Dec 2017 - 10:54 GMT

General Electric Co said on Friday it was laying off workers at its power division in Schenectady, New York.

GE vows $20 billion asset sales, 'sweeping change' as profit falls

Sat, 21 Oct 2017 - 10:58 GMT

General Electric's new chief executive vowed on Friday to shed more than $20 billion worth of assets.

GE names Jamie Miller as CFO, replacing Bornstein - wires

Sat, 07 Oct 2017 - 02:30 GMT

U.S. industrial conglomerate General Electric Co (GE.N) said on Friday it promoted Jamie Miller.

Cabinet approves deal with GE to manufacture 100 rail vehicles

Sat, 16 Sep 2017 - 01:56 GMT

The deal entails the provision and maintenance of the vehicles’ spare parts by GE for 15 years.

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