DSI restructuring plan officially completed

Drake and Scull International (DSI), the troubled Dubai-based contractor, specialising in the integrated design, engineering and construction disciplines of Mechanical, Electrical and...

Construction

DSI reports net profit of $21.2m for H1 2021

Drake & Scull International (DSI), the UAE-based contractor for integrated design, engineering and construction projects, has reported a net profit of $21.2...

Construction

DSI awarded $163mn Reem Mall MEP contract

Drake & Scull International has announced that it has won the $163 million contract to provide mechanical, electrical and plumbing (MEP) services...

Construction

DSI asking shareholders whether it should dissolve or continue

Drake and Scull International, the Dubai-based contractor, has invited its shareholders to attend a scheduled General Assembly Meeting of the company on...

Construction

Yousef Al Mulla to take over as DSI Group CEO as firm announces Q2 losses

UAE-based engineering and construction contractor has announced that current Group CEO Dr Fadi Feghal will step down at the end of the month when...

Construction

Al Tabari refutes claims he owes DSI ‘any money at all’

Khaldoun Al Tabari, the former CEO of Drake & Scull International (DSI) has denied any wrongdoing after it was reported last week that...

Construction

Report claims former CEO Al Tabari owes DSI $272.3 million

A report published by Bloomberg this week claims that Drake & Scull International’s former CEO Khaldoun Al Tabari and his daughter Zeina...

Construction

DSI: Sukuk to ‘enhance’ MEP operational capacity

Drake and Scull International (DSI), the Dubai-based construction contractor, has announced that it is targeting the issue of a sukuk convertible into...