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  • BAE Systems Sees GBP160M 1H11 Charge For Omani Offshore Vessel Job
    BAE Systems PLC (BA.LN), a manufacturer of aerospace and defense parts, said Friday that it anticipates a charge of GBP160 million, pretax, will be required in its 2011 first half accounts as a result of significantly higher than planned costs to complete the Omani Offshore Patrol Vessel program. […]
  • Mubadala To Build $4.2B Aluminum Smelter In Malaysia
    Malaysian Prime Minister Najib Razak said Friday that Abu Dhabi government investment vehicle Mubadala Development Co. and state-owned development company 1Malaysia Development Bhd. will form a joint-venture company to develop a $4.2 billion aluminium smelter in east Malaysia. […]
  • Dubai-Based Dodsal Awarded $106M Iraq Oil Pipeline Contract
    Iraq's state-owned South Oil Company and partners Royal Dutch Shell PLC (RDSA) and Malaysia's Petronas (PETR.UL) have awarded Dubai-based Dodsal Group a $106 million contract to build a pipeline connecting the supergiant Majnoon oil field with a pumping station near the southern export terminals in Basra, a senior SOC official said Friday. […]