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Drake and Scull

Drake & Scull Q4 profit down; 2014 revenue hits $1.31bn

Drake & Scull, a regional leader in the integrated design, engineering and construction fields, reported a 70 per cent drop in fourth-quarter net profit on Sunday. The Dubai-headquartered contractor made a profit of Dh13 milli

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Drake & Scull clinches $49m residential tower deal

 Dubai-based contractor Drake and Scull International (DSI) said one of its subsidiaries has been awarded a Dh180 million ($49 million) engineering contract for a 38-storey residential tower, located at Jumeirah Village South in Dubai, UAE.

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Drake and Scull asks to treat Gulf investors as nationals

Dubai contractor Drake and Scull will seek regulatory approval to treat investors from Gulf Cooperation Council (GCC) countries the same as those from the United Arab Emirates, the firm said in a statement on Thursday. Dubai-liste

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Drake and Scull asks to treat Gulf investors as nationals

Dubai contractor Drake and Scull will seek regulatory approval to treat investors from Gulf Cooperation Council (GCC) countries the same as those from the United Arab Emirates, the firm said in a statement on Thursday. Dubai-liste

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Drake and Scull mulls share buyback

The board of Dubai contractor Drake and Scull will consider buying back up to 10 per cent of the company's shares at a meeting on December 22, the company said on Thursday. Drake and Scull, whose shares have plunged 42 per cen

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Drake & Scull profit, revenue drop in H1

Drake & Scull International (DSI), has reported total revenues of Dh2.353 billion ($640.62 million) and a  net profit of Dh71.7 million ($19.52 million) for the first half of 2014, representing a top line and bottom line decrease of 8.3

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Drake & Scull gets nod for investor plan

Dubai construction firm Drake & Scull said on Monday that its shareholders had approved issuing a convertible bond worth 55 million dirhams ($15 million) to allow a strategic investor to buy into the company. The identity of t

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DSI wins $600m Egypt petchem project deal

Drake & Scull International (DSI), a regional market leader in the integrated design, engineering and construction, has won a major deal worth Dh2.2 billion ($600 billion) related to Egypt's new Tahrir Petrochemical Corporation (TPC) Pro

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Drake & Scull wins $600m Egypt deal

Drake & Scull International (DSI), a regional market leader in the integrated design, engineering and construction, has won a major deal worth Dh2.2 billion ($600 billion) related to Egypt's new Tahrir Petrochemical Corporation (TPC) Pro

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Drake & Scull posts 27pc fall in Q1 profit

Dubai contractor Drake & Scull posted a 27.1 percent decline in first-quarter net profit on Monday, missing the average estimate of analysts. The firm made a net profit of 45.7 million dirhams ($12.4 million) in the first thre

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