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Abdulla Al Nuaimi appointed CEO of Dubai National Insurance & Reinsurance zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Al Nuaimi appointed CEO of DNIR tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
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GE seals 2.7GW Iraq power projects financial deal
BAGHDAD, 2 days ago GE said it has reached a financial close with Iraqi Ministry of Finance (MOF) and its financial partners for the Power Up Plan 4 (PUP4). The financial close - a critical milestone that marks the final step of a loan agreement becoming effective - will see GE provide capital and spare parts, repairs and services to the Qudus, Khairat, Baghdad South, Hilla, Mussayab, Haidariya and Karbala power plants to help maintain more reliable generation of up to 2.7 gigawatts (GW) of electricity for the Iraqi people. As part of these efforts, 20 gas turbines that are currently not operational at these sites will also be returned to service.