GE Capital unit expects first Middle Eastern deal in 2010

12/31/2009 | Emirates Business 24/7 (United Arab Emirates)

GE Energy Financial Services, a unit of GE Capital, expects to close its first Middle Eastern deal next year. "In the energy-finance side, we have not done any deals, but we have actively pursued pacts in the region. We've only been here for a few years -- I've only been here 2 1/2 years -- and it takes time to build this business," said Suresh Vasan, director of GE Energy Financial Services.

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Emirates Business 24/7 (United Arab Emirates)