Thursday 25 August 2016
 
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Drake & Scull

Drake & Scull denies hiring adviser to seek investment

Dubai-listed builder Drake & Scull International has not hired a legal adviser to help to bring a strategic investor into the company, it said on Wednesday. "The company denies the appointment of any legal adviser in conn

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Drake & Scull denies hiring adviser to seek investment

Dubai-listed builder Drake & Scull International has not hired a legal adviser to help to bring a strategic investor into the company, it said on Wednesday. "The company denies the appointment of any legal adviser in conn

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Drake & Scull to review business, seek new investors

Dubai-listed construction and engineering company Drake & Scull International has asked advisers for proposals to review its business and find strategic investors, its chief financial officer told Reuters on Monday. The compan

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Drake & Scull to review business, seek new investors

Dubai-listed construction and engineering company Drake & Scull International has asked advisers for proposals to review its business and find strategic investors, its chief financial officer told Reuters on Monday. The compan

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Drake & Scull H1 revenue falls 23pc

Drake & Scull International (DSI), a regional leader in the construction sector, reported a revenue of Dh1.83 billion ($498 million) for the first half of the year, marking a 23 per cent decline compared to Dh2.39 billion achieved in H1 2015

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Drake & Scull Q1 net profit plunges 61pc

Drake & Scull International, a regional market leader in the general contracting and mechanical, electrical and plumbing (MEP) sector, said its net profit for the Q1 plunged 61 per cent to Dh9.8 million ($2.6 million) from last year's Dh

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Drake & Scull Q4 net profit jumps

Drake & Scull International, a regional market leader in general contracting and mechanical, electrical and plumbing (MEP) sector, has posted a substantial jump in its fourth-quarter net profit, with the contractor's earnings aided by hi

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Drake & Scull wins key Abu Dhabi project contract

UAE-based contractor Drake & Scull Engineering (DSE) said it has been awarded a Dh245-million ($67 million) contract to deliver MEP (mechanical, electrical and plumbing) works for a project in Abu Dhabi, UAE. Under the terms o

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Drake & Scull wins key Abu Dhabi project contract

UAE-based contractor Drake & Scull Engineering (DSE) said it has been awarded a Dh245-million ($67 million) contract to deliver MEP (mechanical, electrical and plumbing) works for a project in Abu Dhabi, UAE. Under the terms o

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Drake and Scull Engineering wins key UAE projects

UAE-based contractor Drake and Scull said it has won two major contracts - a mixed-use residential and commercial tower in Abu Dhabi and district cooling plants in Dubai - worth Dh131 million ($36 million). As per the contract, Dr

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