DSI posts $71m profit for year ending 2019
Jun 11, 2020
2019 revenues stood at $185m compared to $217m to previous year, while gross profit stood at $2m in 2019 compared to gross loss of 259m in 2018.
Al Ain contracts worth $272m under negotiation by Drake & Scull unit
Jan 15, 2018
GTCC has been awarded a $68m contract to develop Wahat Al Zaweya's Nasayem project, and is in talks with the developer for additional deals worth $204.2m
Drake & Scull reports third quarter net loss of $97m
Nov 15, 2017
Drake & Scull International (DSI) reported a net loss of $97m (AED359m) in Q3 2017.
Drake & Scull elects new group chairman and vice chairman
Sep 13, 2017
Drake & Scull International (DSI) has announced that it has ratified the appointment of new board members
Drake & Scull subsidiary bags $47m contract in Dubai
Aug 21, 2017
Gulf Technical Construction Company (GTCC) has been awarded a $47m (AED175m) contract by Orion Real Estate Development to build the latter’s West Bay residential tower at Dubai’s Business Bay
Consortium bags $71m Saudi wastewater plant deal
Aug 01, 2017
The contract, awarded to PE&E and ACCII, includes two years of design and build service provision, and a year of operation and maintenance delivery
Wael Allan appointed COO at Drake and Scull
May 08, 2016
Kailash Sadangi appointed as the group’s chief financial officer
Drake & Scull Rail scoops $93m Doha Metro contract
Mar 23, 2016
Fujita Corporation has awarded Drake & Scull Rail (DSR) a $93m (QAR340m) contract related to the delivery of Phase 1 of Doha Metro’s depots
DSI wins $51.4mn Saudi MEP contract
Sep 24, 2014
Drake & Scull Saudi Arabia to carry out work in Riyadh hospital
Drake & Scull wins $30mn Abu Dhabi contract
May 28, 2014
Company to carry out MEP work on Plaza View for Al Fara'a
Drake & Scull wins $113m Abu Dhabi Louvre MEP deal
Sep 02, 2013
Firm to complete works on iconic project with Habtoor Leighton Specon
Dubai's Drake & Scull chases customers for $37m
Aug 12, 2013
Contractor confident of recovering money on three completed projects

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