Thursday 13 December 2018
 
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Drake & Scull

Drake & Scull wins $163m Abu Dhabi mall contract

Drake & Scull International, a regional market leader in engineering and construction services, said it has won a Dh600 million ($163 million) contract to provide mechanical, electrical and plumbing (MEP) services for the Reem Mall, a 2.8 mi

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Drake & Scull posts $135m Q3 net loss

Drake & Scull International, a regional leader in engineering and construction services, said it has incurred a net loss of Dh498 million ($135 million) for the third quarter. Announcing the third quarter results, the leading

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Drake & Scull names new Group CEO

Drake & Scull International, a regional leader in engineering and construction services, said its board has appointed Dr Fadi Feghali as the new Group CEO with effect from April 1. An EPC (engineering, procurement and construc

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Drake & Scull to issue convertible sukuk in Q2

Drake & Scull International (DSI), a leader in engineering and construction services, said that it is targeting to issue a sukuk convertible into equity in the second quarter of 2018. The announcement comes following a DSI boa

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Drake & Scull to set up new labour camp

Drake & Scull International (DSI), a regional leader in engineering and construction services, continues its strong start in 2018 with its recent announcement of a new labour camp in Dubai aimed at boosting performance, productivity and proj

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Drake & Scull gets FTSE Russell index upgrade

Drake & Scull International (DSI), a regional market leader in engineering and construction services, has announced that the foreign ownership limit (FOL) used to calculate its free float weight on the FTSE Russell Index has been increased t

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Drake & Scull eyes $272m Al Ain project contracts

Drake & Scull International (DSI), a regional market leader in engineering and construction services, said  its general contracting subsidiary, Gulf Technical Construction Company (GTCC), is negotiating Dh1-billion ($272 million) worth

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Drake & Scull completes UAE debt restructuring

Drake & Scull International (DSI), a regional leader in engineering and construction services, announced today that it has successfully completed the restructuring of its corporate general bank debt in the UAE and has secured new credit li

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Drake & Scull completes UAE debt restructuring

Drake & Scull International (DSI), a regional leader in engineering and construction services, announced today that it has successfully completed the restructuring of its corporate general bank debt in the UAE and has secured new credit li

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Drake & Scull wins approval for capital reduction

Drake & Scull International (DSI), a regional market leader in engineering and construction services, has won regulatory approval to reduce its share capital by 75 per cent and also to list 500 million new shares. The reductio

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