22/08/2017 05:56 AST

Drake & Scull International, the Dubai-listed contractor, confirmed on Monday its subsidiary, Gulf Technical Construction, was awarded a Dh175-million-contract to build a project in Dubai's Business Bay.

The award was by Orion Real Estate to build the company's latest project, the West Bay residential tower. Once completed, the 34-storey tower will feature 252 apartments.

The scope of work includes construction, civil engineering, and mechanical, electrical, and plumbing works scheduled for completion within 33 months.


Gulfnews

DSI announces the appointment of Group Chief Executive Officer

29/03/2018

The Board of Directors of Drake & Scull International PJSC ("DSI" or the "Company"), a regional leader in engineering and construction services, announced the appointment of Dr. Fadi Feghali as the G

Press Release

DSI to issue convertible sukuk in second quarter

29/03/2018

Drake & Scull International (DSI), a regional engineering and construction service provider, said it is targeting to issue a sukuk convertible into equity in the second quarter of 2018.

The

Gulf News

Drake & Scull International swings to Q4 profit

15/02/2018

Drake & Scull International, a regional leader in engineering and construction services, is back in the black with a net profit of Dh700,000 ($190,549) for the fourth quarter in 2017 compared to a n

Trade Arabia

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EEC's capital optimization plan to shore up financial position and sustain growth: CEO

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RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula