Reuters - General Electric Co has received a license from the U.S. Treasury Department to help in the investigation of a Ukrainian passenger plane accidentally shot down by Iranian forces, a GE spokesman told Reuters on Tuesday. Treasury Secretary Steven Mnuchin said earlier this month that the department would grant sanction waivers to allow Americans ...

Wall Street Journal - General Electric Co. is planning to end sales of oil and natural-gas equipment later this year in Iran, people familiar with the matter said, illustrating how U.S. withdrawal from the nuclear deal is shutting a narrow window of opportunity for some American businesses there. GE had big ambitions in Iran after world powers,...

IFP- The CEO of Irans MAPNA Group Abbas Aliabadi says the company has signed an initial agreement with the US multinational conglomerate General Electric. Talks are underway between the two parties to finalize the deal, Aliabadi told reporters on the sidelines of the 17th International Power Industry Exhibition in Tehran. Cooperation between ...

Press TV- Iran says it has started talks with major American and Italian companies to form partnerships with some of its oldest brands of household devices in what appears to be a policy to prevent their demise. The announcement was made by Abbas Hashemi, the director general for household devices affairs of the Ministry of Industry, Mine, and ...

IRNA Iran's electricity industry is potentially capable of absorbing 700 800 million dollars of investments, says the American giant company General Electric. Preliminary market analysis by General Electric has revealed that to develop its electric power transmission grid, Iran can absorb 700 800 million dollars of investments, Pegah Modarresi, ...

General Electric Co. is plotting a strategy for its oil and gas business in Iran as the U.S. eases sanctions with the petroleum-rich country. Lorenzo Simonelli, head of the companys crude division, said he visited Iran in recent weeks to understand what was taking place in the country. GE will only proceed if government rules allow the company to ...

Boeing Co. is finally open for business in Iran. The question is: When will GE Aviation? The U.S. government cleared the manufacturer to begin talking with approved Iranian carriers about their fleet needs, a first step toward entering the countrys resurgent aircraft market, Boeing said Friday. The planemaker will still need a separate license to ...

The Oil and Gas Sector CEO of General Electric Company (NYSE: GE) has paid a visit in Tehran, Iran in order to find fresh business opportunities in the region. After the US sanctions on Iran were lifted, General Electric sees attractive opportunities to make investments in Iran. Just recently, the CEO of the Oil and Gas division of General Electric ...

General Electric Co (GE.N) is exploring potential business opportunities in Iran and the chief executive of its oil and gas division visited the country recently, a company spokeswoman said. The visit by Lorenzo Simonelli, CEO of GE Oil & Gas, comes at a time when Iran is aiming to boost its crude oil exports and recover the oil market share ...

American multinational conglomerate General Electric Co. is in talks to enter Iranian market after the recent implementation of Irans nuclear agreement with world powers. John Rice, vice chairman of General Electric has expressed optimism about future trade with Iran, telling leading German language business newspaper Handelsblatt in a recent ...

US corporations such as Boeing and General Electric and tech giant Apple are studying potential entry into the Iranian market or expansion of their existing operations, American media report. Apple is in talks for distribution of its top-of-the-line iPhones, iPads and other gadgets in Iran, the Wall Street Journal said. Citing people familiar ...

New York, Feb 22, IRNA -- US aerospace companies are seeking permission to sell airliner parts to Iran for the first time in three decades, in a key test of the temporary relief on sanctions given under talks to curtail Irans nuclear activities. At least two leading manufacturers, Boeing and engine maker General Electric (GE), have applied for export ...