Recent News: United Arab Emirates, MEA Growth, Robert Wright, GE Asset Management, GE Money, and SmartPay

Mohammed, GE CEO explore business opportunities
General Sheikh Mohammed bin Zayed Al Nahyan, crown prince of Abu Dhabi and deputy supreme commander of the UAE Armed Forces, held talks Wednesday with Chief Executive Officer of General Electric Company (GE) Jeff Immelt over the diversified business opportunities available for foreign investors in the emirate of Abu Dhabi...

GE in strong global growth
General Electric Company has announced revenues from the Middle East and Africa region reached US$8 billion last year, up 45 per cent compared with revenues in 2006...

UPDATE: GE's Wright To Retire, Takes Post At Lee Equity
Robert Wright, vice chairman and director of General Electric Co. (GE), agreed to serve as senior advisor to Lee Equity Partners LLC, the private equity firm said Thursday...

GE announces 9 new cameras at PMA 2008
One of the largest photography trade shows is getting underway in Las Vegas. Most of the major companies are there, Kodak, Sony, Nikon, FujiFilm and a relative newcomer to digital Photography, GE. To date, GE hasn’t exactly wowed us with image quality but 9 new models may improve GE’s standing...

GE Asset Looks to Close the Information Loop
After 21 years at GE Asset Management, Damian Maroun has developed a good sense of what's expected from the trading desk. The senior vice president of global equity trading says his desk must provide information that gives portfolio managers an edge in today's marketplace...

Crisil puts GE Money arms on Rating Watch
Crisil has placed its ratings on the debt programmes of GE Money Financial Services Ltd (GEMFSL) and GE Money Housing Finance (GEMHF) on ‘Rating Watch with Developing Implications’...

GE subsidiary bows out of SmartPay purchase card program
GE Money is dropping out of the government charge card program, SmartPay 2, a company spokesman confirmed Jan. 31...