Thursday 21 September 2017
 
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Drake & Scull

Atatreh named new Drake & Scull chairman

Drake & Scull International, a regional market leader in engineering and construction services, has appointed Abdulla Atatreh as the new chairman replacing Majid Saif Al Ghurair who recently quit his post, citing personal reasons.

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Drake & Scull's chairman steps down

Dubai-based contractor Drake & Scull International (DSI) said its chairman Majid Saif Al Ghurair has stepped down from his post, citing personal reasons. This comes close on the heels of the sacking of the company's CEO Wael Allan.

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Drake & Scull to proceed with Fairmont Abu Dhabi MEP works

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 Apartm

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Drake & Scull gets $27.2m loan from Tabarak

Drake & Scull International, a regional market leader in engineering and related services, has announced that it will receive an interest-free Qard Hasan loan of up to Dh100 million ($27.2 million) from Tabarak Investment as part of DSI&rsqu

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Drake & Scull gets $27.2m loan from Tabarak

Drake & Scull International, a regional market leader in engineering and related services, has announced that it will receive an interest-free Qard Hasan loan of up to Dh100 million ($27.2 million) from Tabarak Investment as part of DSI&rsqu

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Drake & Scull appoints Mohammad Atatreh as board member

Drake & Scull International (DSI), a regional market leader in engineering and related services, has announced the appointment of seasoned UAE entrepreneur Mohammad Atatreh as its board member. Atatreh replaces Khalaf Sultan A

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Drake & Scull eyes SCA approval for share capital cut

Drake & Scull International (DSI), a regional engineering and services leader, is racing ahead to secure approval from Securities and Commodities Authority (SCA) for initiating a 75 per cent share capital cut, said a company in a statement.

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Tabarak Investment buys DSI stake from ex-chief

Drake & Scull International (DSI), a regional engineering and services leader, has announced that UAE-based Tabarak Investment, a private company operating within the diversified financials sector, has acquired the majority shares from the D

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Drake & Scull wins approval for key restructuring plan

Drake & Scull International (DSI), a regional engineering and services leader, said it has won approval from shareholders on the proposed capital restructuring programme which will see the company pursue a two-pronged strategy with additiona

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Drake & Scull 2016 net loss narrows to $214m

UAE-based Drake & Scull, a leader in the integrated design, engineering and construction sector, has reported a net loss of Dh786.9 million ($214.4 million) for 2016 compared to the previous year's loss of Dh938.8 million ($255 million).

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