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Drake & Scull International

Drake & Scull writes off $1.12bn; restructuring plan on track

Drake & Skull International, a leading contracting and engineering company, has announced the completion of the company's compliance with all restructuring plan requirements after issuing mandatory convertible sukuk to the company&rsqu

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Drake & Scull writes off $1.12bn; restructuring plan on track

Drake & Skull International, a leading contracting and engineering company, has announced the completion of the company's compliance with all restructuring plan requirements after issuing mandatory convertible sukuk to the company&rsqu

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Drake & Scull International eyes $789.4m capital hike

Drake & Scull International (DSI) has announced the closing of the subscription for new capital, with proceeds exceeding AED450 million ($122 million) through distribution of 2.8 billion shares.    The c

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Drake & Scull International names new group CEO

Drake & Scull International (DSI), a regional leader in engineering and construction services, has appointed Yousef Al Mulla as the new group CEO replacing Dr Fadi Feghali who will be assuming a new role with the DSI Group. He will take over

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Drake & Scull International swings to Q1 net profit

Drake & Scull International, a regional leader in engineering and construction services, has achieved an overall net profit of Dh7 million ($1.9 million) for the first quarter, compared to the net loss of Dh839 million ($228 million) declare

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Drake & Scull International swings to Q4 profit

Drake & Scull International, a regional leader in engineering and construction services, is back in the black  with a net profit of Dh700,000 ($190,549) for the fourth quarter in 2017 compared to a net loss of Dh359 million the previous

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DSI completes capital restructuring programme

Drake & Scull International (DSI), a regional market leader in engineering and construction services, has successfully completed its capital restructuring programme which started at the beginning of the fiscal year as part of its efforts to

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Drake & Scull cuts losses; CEO to leave

Drake & Scull International (DSI), a regional market leader in engineering and related services, reported a net loss of Dh199 million ($54.18 million) for the second quarter of this year, a 12 per cent reduction compared to Dh226 million ($6

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Drake & Scull inks Eni Iraq project contract

Drake & Scull International, a regional market leader in the general contracting and mechanical, electrical and plumbing (MEP) sector, said it has won a Dh226 million ($62 million) engineering, procurement and construction (EPC) contract fro

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Drake & Scull inks Eni Iraq project contract

Drake & Scull International, a regional market leader in the general contracting and mechanical, electrical and plumbing (MEP) sector, said it has won a Dh226 million ($62 million) engineering, procurement and construction (EPC) contract fro

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