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DSI seeks regulatory nod to initiate capital restructuring programme
(Gulfnews - 21/06/2017)

Drake & Scull International (DSI), said it will proceed with the final preparations to secure the approval of the Securities and Commodities Authority (SCA) to initiate the 75 per cent share capital reduction. The company is preparing to fulfil the

DSI initiates 75 per cent capital reduction
(The Gulf Today - 19/06/2017)

A leading Middle East regional engineering and services leader, Drake & Scull International (DSI) on Sunday disclosed that the initial projected timeline of the capital restructiong programme has been deferred by a period of one month. The firm now

Drake & Scull appoints acting finance head
(The National - 14/06/2017)

Dubai-based contractor Drake & Scull International (DSI) said on Tuesday it has appointed a new acting chief financial officer to assist with its capital restructuring and ongoing negotiations with its lenders. The company has hired Feras Kalthoum as its

Former Drake & Scull chairman sells stake at Dubai contractor
(The National - 12/06/2017)

The former Drake & Scull chairman Khaldoun Tabari has sold his stake in the contractor Drake & Scull to the company pledging to put Dh500 million of new money into the business. Mr Tabari is understood to have completed a transaction to sell his

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