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Riyadh, Rabi'II 10, 1436, January 30, 2015, SPA -- The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud offered and is still offering a great support of the development of...

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Washington, Jumada II 17, 1435, Apr 17, 2014, SPA -- General Electric Company (GE) posted lower first-quarter net profit than a year ago, because last year’s results included the sale of its NBC Universal television and film unit, but the conglomerate said its industrial divisions performed well and the economic environment was “positive.”
GE reported Thursday that its profit in the January-March period fell to $3 billion from $3.5 billion in the same quarter a year earlier. Revenue fell 2.1 percent to $34.2 billion from $34.9 billion a year ago. The profit figure narrowly beat Wall Street estimates, while the revenue figure missed expectations.
The company backed its previous 2014 financial targets.
GE sold its remaining interest in NBC Universal last year as part of a plan to focus on building and servicing complex industrial equipment like aircraft engines, power-plant turbines, and oil and natural-gas drilling equipment.
The company has been able to grow its revenue and profit at such industrial divisions in recent quarters. Operating profit from industrial operations rose 12 percent in the first quarter. The oil and gas, power and water, and aviation divisions all posted sharply higher profits. Transportation and appliances fell, along with the company’s small energy-management division.
GE has a good view of the global economy because it has manufacturing plants and sales operations around the world. GE recently reported that European operations performed better than expected, while developing countries saw growth. Its U.S. business improved in March, evidence that the slowdown this winter was related to unusually cold weather.

--SPA
18:43 LOCAL TIME 15:43 GMT
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Riyadh, Rabi'II 10, 1436, January 30, 2015, SPA -- The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud offered and is still offering a great support of the development of tourism and national heritage in the Kingdom of Saudi Arabia. King Salman bin Abdulaziz has also...
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ISLAMABAD, Rabi'II 10, 1436, Jan 30, 2015, SPA -- At least 20 people were killed on Friday when an explosion ripped through a packed mosque in the Pakistani city of Shikarpur, Reuters cited officials as saying. "At least 20 dead bodies and more than 50 wounded people have been...
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Cairo, Rabi'II 10, 1436, January 30, 2015, SPA -- A Palestinian delegation headed by the Chairman of Independent Palestinian Figures Gathering, Dr. Yasser Al-Wadia paid here last night a visit to the pavilion of the Kingdom of Saudi Arabia at Cairo International Book Fair. During the visit,...
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MOSCOW, Rabi'II 10, 1436, Jan 30, 2015, SPA -- The chief of Russia's armed forces said on Friday a strong nuclear arsenal will ensure military superiority over the West as Russia seeks to fulfil a multi-billion dollar plan to modernise its forces by 2020, Reuters reported. ...
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CAIRO, Rabi'II 10, 1436, Jan 30, 2015, SPA -- Egyptian President Abdel Fattah al-Sisi cut short a visit to Ethiopia for an African Union summit on Friday, after Islamic State's Egyptian wing claimed the killing of at least 30 security personnel in the Sinai Peninsula, Reuters reported....
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