Friday 3 July 2015
 
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Drake & Scull

Drake & Scull boosts GCC ownership limit to 100pc

Drake & Scull, a leading engineering and construction company based in Dubai, UAE, in a major move has increased the ownership limit for nationals from the Gulf region to 100 per cent from 49 per cent. The move was effective from Th

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Drake & Scull mulls $200m dollar sukuk

Dubai's Drake & Scull International has set initial price thoughts for its perpetual dollar sukuk not callable for five years in the nine per cent area, according to leads. The deal size was expected in the area of $150 to

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Drake & Scull eyes dollar sukuk issue

Dubai's Drake & Scull has mandated five banks to arrange a series of fixed income investor meetings starting on Thursday for a potential issue of perpetual US dollar sukuk, it said on Tuesday. Emirates NBD and HSBC have be

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Drake & Scull eyes dollar sukuk issue

Dubai's Drake & Scull has mandated five banks to arrange a series of fixed income investor meetings starting on Thursday for a potential issue of perpetual US dollar sukuk, it said on Tuesday. Emirates NBD and HSBC have be

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Drake and Scull wins Dubai hotel engineering contract

Drake and Scull, a UAE-based contractor, said its engineering unit has won a Dh334 million ($90.94 million) deal for mechanical, electrical and plumbing (MEP) works on a hotel being built on the Palm Jumeirah in the emirate of Dubai. As

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Drake & Scull eyes big GCC rail contracts

UAE-headquartered contractor Drake & Scull said one of its subsidiaries has entered into strategic partnerships with industry experts to grab a major share of the billion-dollar railway infrastructure contracts in the GCC region.

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Drake, Habtoor partner for $1.09bn Dubai project

Dubai's Drake & Scull International (DSI) has formed a Dh395 million ($107.55 million) joint venture with Habtoor Leighton Specon (HLS) to provide mechanical, electrical and plumbing (MEP) services for part of the Dh4 billion ($1.09 bill

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Drake & Scull wins top Abu Dhabi award

Drake & Scull International - Abu Dhabi,  one of premier engineering services company in the UAE, said it has won the '2014 Sheikh Khalifa Excellence Award' for its major projects in the emirate. It is a subsidiar

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Drake & Scull Q3 profit down 10pc

Dubai's Drake & Scull (DSI), a leader in the integrated design, engineering and construction sector, reported a 10 per cent drop in third-quarter profit on Sunday, beating analyst estimates as revenue increased. The contra

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Drake & Scull, Omniyat break ground on $544m tower

Drake & Scull International (DSI), a leader in engineering projects, and Omniyat, a real estate development group, today (October 8) broke ground on a Dh2-billion ($544 million) premium residential development in Dubai, UAE. T

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