DSI subsidiary awarded Dh175m contract
(Gulfnews - 22/08/2017)
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
Drake & Scull to proceed with Fairmont Abu Dhabi MEP works
(Trade Arabia - 17/08/2017)
Drake & Scull International (DSI), a regional market leader in engineering and related services, has announced that it will proceed with the mechanical, electrical and plumbing (MEP) works for the Fairmont Abu Dhabi Hotel and Serviced Apartments under a
Drake & Scull removes CEO as it pares losses
(Arab News - 15/08/2017)
Dubai-based construction firm Drake & Scull has terminated the contract of its CEO Wael Allan after less than a year in the role. The contractor on Monday posted a loss of 182.7 million dirhams ($49.7 million) for the second quarter. The board also
DSI to receive Dh100m loan from Tabarak Investment
(Gulfnews - 10/08/2017)
Drake & Scull International (DSI) has announced that it will receive an interest-free 'Qard Hasan' loan of up to Dh100 million from Tabarak Investment as part of company's capital restructuring programme. The loan will help meet the immediate working
DSI guaranteed up to AED 100 million investment
(CPI Financial - 09/08/2017)
Drake & Scull International PJSC, a regional market leader in engineering and related services, will receive an interest-free 'Qard Hasan' loan of up to AED 100 million from Tabarak Investment as part of DSI's capital restructuring programme. The loan
Drake & Scull ends Saudi work drought with Dhahran wastewater plant
(Arab News - 02/08/2017)
Drake & Scull International (DSI) has ended a near three-year major order drought in Saudi Arabia. The Dubai-listed contractor was chosen to help build a wastewater plant that will also generate biogas. The contractor which was hit hard by the
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