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Paris, GE (NYSE: GE) and Abu Dhabi’s Mubadala Development Company today signed an extensive agreement that expands GE’s global network of engine maintenance, repair and overhaul (MRO) providers in the Middle East and further advances Mubadala’s plans to build a global MRO network centered in Abu Dhabi.</p>
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Abu Dhabi, – General Electric (NYSE: GE) and Mubadala Development Company today announced the signing of their commercial finance joint venture agreement and establishment of a regional training center for next-generation business leaders, demonstrating significant progress on key aspects of a broader strategic partnership forged by the companies last year.</p>
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Dubai, DAE Capital, the aircraft leasing and financial business arm of Dubai Aerospace Enterprise (DAE), has secured a financing commitment with the Export-Import Bank of the United States (Ex-Im Bank) worth over US$500 million.</p>
Etihad Airways has agreed aircraft financing facilities worth more than US $210 million to acquire two new Airbus A340-600 wide-body aircraft to add to its expanding fleet.
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