Drake and Scull International

More about the company
Address: Al Rostamani Tower A, Sheikh Zayed Road PO Box 65794 , Dubai, UAE

Lunar Drake and Scull

DSI

Joint stock

9 November 1977

Public

971 4 3313123

971 4 3310719

corporate@drakescull.com

www.drakescull.com

Related articles

Dubai's DSI to use $136m injection to win profitable projects

Dubai's DSI to use $136m injection to win profitable projects

Monday, 19 June 2017 9:05 AM

Company expects to complete capital reduction by end of Q3, says Allan

Dubai's Drake & Scull shifts focus to UAE for turnaround

Dubai's Drake & Scull shifts focus to UAE for turnaround

Sunday, 18 June 2017 5:04 PM

Company CEO says it is owed $2.18bn as of March 2017

Drake & Scull dominates busy day of trading on DFM

Drake & Scull dominates busy day of trading on DFM

Wednesday, 14 June 2017 11:37 AM

Company confirms Tabari stake is purchased by Tabarak Investment

UAE construction companies are feeling the pain

UAE construction companies are feeling the pain

Tuesday, 9 May 2017 8:31 AM

The days of oil at $100 a barrel ended and then the new economic realities set in

Dubai builder breaches covenants on sukuk, other loans

Dubai builder breaches covenants on sukuk, other loans

Thursday, 30 March 2017 4:33 PM

Drake & Scull is in talks with its lenders to find new solutions on the debt facilities in question

Drake & Scull exits One Palm joint venture

Drake & Scull exits One Palm joint venture

Thursday, 23 March 2017 11:35 AM

The property, located on the left trunk of Palm Jumeirah, was launched in 2014

Dubai's Drake & Scull unveils turnaround plan as losses continue

Dubai's Drake & Scull unveils turnaround plan as losses continue

Wednesday, 15 February 2017 9:14 AM

Builder takes action after being hit hard by tough competition and an economic slowdown caused by low oil prices

Drake & Scull 2016 net loss narrows to $214m

Drake & Scull 2016 net loss narrows to $214m

Tuesday, 14 February 2017 10:16 AM

Like other construction firms in the region, the company has been hit hard by tough competition in the sector and an economic slowdown caused by low oil prices

Dubai contractor Drake & Scull appoints strategic and financial advisor

Dubai contractor Drake & Scull appoints strategic and financial advisor

Thursday, 8 December 2016 10:02 AM

DSI announced last month it was reviewing its business to address market challenges

Dubai's Drake & Scull posts narrower Q3 net loss

Dubai's Drake & Scull posts narrower Q3 net loss

Monday, 14 November 2016 11:44 AM

Drake & Scull said it appointed a financial adviser in the third quarter to assist in a number of business transformation and strategic initiative

Khaldoun Tabari resigns as Drake & Scull CEO

Khaldoun Tabari resigns as Drake & Scull CEO

Monday, 10 October 2016 9:51 AM

Wael Allan takes top role at Dubai-based contracting giant, Tabari to stay on as vice chairman

Dubai's Drake says working to resolve $53m Saudi construction dispute

Dubai's Drake says working to resolve $53m Saudi construction dispute

Tuesday, 4 October 2016 1:53 PM

Contractor hopes to reach agreement over unfinished Lamar Towers project in Jeddah

Drake & Scull says it has not hired adviser to seek investment

Drake & Scull says it has not hired adviser to seek investment

Wednesday, 24 August 2016 11:06 AM

CFO Kailash Sadangi, said on Monday that Drake & Scull had asked advisers for proposals to review its business and find strategic investors

Dubai's Drake & Scull to review business, seek new investors

Dubai's Drake & Scull to review business, seek new investors

Tuesday, 23 August 2016 12:41 AM

One of the biggest engineering companies in the Gulf has recently reported that it had swung into the red in the second quarter

Saudi woes see Drake & Scull swing to $61m loss in Q2

Saudi woes see Drake & Scull swing to $61m loss in Q2

Monday, 15 August 2016 10:14 AM

Dubai contractor says will “initiate fundamental changes to group and leadership structure”

Drake & Scull scoops $93m deal to work on Doha Metro

Drake & Scull scoops $93m deal to work on Doha Metro

Wednesday, 23 March 2016 12:28 PM

Dubai-based contractor to provide MEP services to depot and stabling yard

Drake & Scull posts substantial jump in Q4 profits

Drake & Scull posts substantial jump in Q4 profits

Sunday, 14 February 2016 9:35 AM

Dubai contractor posted a net profit of $4 million in the three months to Dec. 31, aided by higher revenue

Dubai stock market hits 12-mth low, taking 2015 losses to 17.5%

Dubai stock market hits 12-mth low, taking 2015 losses to 17.5%

Monday, 7 December 2015 12:29 PM

Other Gulf markets also retreated as a renewed slump in oil prices prompted traders to sell stocks.

Drake & Scull unit wins UAE projects worth $35.6m

Drake & Scull unit wins UAE projects worth $35.6m

Friday, 4 December 2015 1:05 AM

Drake & Scull Engineering hired to work on mixed use Abu Dhabi tower, two district cooling plants in Dubai

Dubai's Drake & Scull swings to Q3 net loss of $268m

Dubai's Drake & Scull swings to Q3 net loss of $268m

Sunday, 15 November 2015 3:22 PM

Current regional construction sector remains extremely challenging, says CEO


Related searches

Drake & Scull International CFO resigns

Thursday, 14 January 2010 9:36 AM

Reason for resignation of Dubai contractor's chief financial officer not yet known.

Drake & Scull International buys back 8m shares

Tuesday, 15 September 2009 4:33 PM

Dubai contractor takes total shares bought to 30m, part of plan to buy 10%.

Best of 2012: Khaldoun Tabari, Drake & Scull interview

Wednesday, 5 December 2012 11:32 AM

Khaldoun Tabari, the long-standing CEO and vice chairman of Dubai-based Drake & Scull international, talks succession, international expansion plans, and why Goldman Sachs has chosen to invest in the contractor...

Dubai's Drake says Oman unit has won $45m deals

Wednesday, 10 September 2014 2:02 PM

Drake & Scull International says latest contracts take company's 2014 award wins to total of $1.25bn

Dubai's Drake wins $596m contract in Egypt

Friday, 16 May 2014 10:27 AM

Drake & Scull International signs deal to work on major industrial development at entrance of Suez Canal

Dubai's DSI picked for pioneering Saudi health project

Monday, 24 June 2013 12:08 PM

Drake & Scull International wins $69m contract to work on facilities in King Fahad Medical City

Dubai's DSI wins $108m India, Saudi deals

Monday, 6 May 2013 12:47 PM

Drake & Scull International announces new contract wins amid expansion drive

Dubai's DSI wins $49.1m Qatar project deal

Wednesday, 10 April 2013 1:19 PM

Drake & Scull International says work on residential development will start immediately

Dubai’s DSI unit wins $25m Romania water deals

Wednesday, 12 December 2012 12:23 PM

Contracts latest examples of Drake & Scull International's increasing overseas focus

Dubai shares pace Arabian Gulf gains before US data

Thursday, 7 July 2011 12:08 PM

Construction company Drake & Scull International climbs to its highest level in two weeks

Order of excellence

Sunday, 3 April 2011 12:00 AM

Last October, Mark Andrews was hired to run the MEP business of arguably the Gulf’s most ambitious company of its kind, Drake & Scull International. Here he describes the plans for further growth

Work halted on Qatari Diar's Cairo project amid Egypt turmoil

Sunday, 6 February 2011 10:06 AM

Dubai’s Drake & Scull International confirms staff evacuated, work suspended

The civil service

Saturday, 1 January 2011 12:00 AM

Amid Drake & Scull International’s regional expansion, the company’s civil engineering service has been steadily growing in strength and contracts. Saleh Muradweij, executive director of GTCC, discusses...

On the beach

Monday, 19 July 2010 4:00 AM

Drake & Scull International Abu Dhabi PJSC (DSI) is main MEP contractor at Aldar's Al Muneera, part of Al Raha Beach. MEP Middle East paid a visit to site catch up on progress on this mega project.

Demand for Drake & Scull shares

Tuesday, 29 July 2008 3:08 PM

Shares in MEP contractor Drake & Scull International’s Initial Public Offering (IPO) were 101 times over-subscribed at its close on 17 July. Successful subscribers are due to be notified of the total number...


Officers »
Board of Directors Position
Majid Saif Ahmad Al Ghurair
Chairman
Khaldoun Rashid Tabari
Vice Chairman
Mohammed Ali Redha Ali Al Hashimi
Board Member
Yusuf Al Nowais
Board Member
Amjad Mohamed Yusri Mahmoud Salman Al Dweik
Board Member
   
Management Position
Khaldoun Rashid Tabari
Chief Executive Officer
Qais Saleh
Strategic Planning Director
Tawfiq Abu Soud
General Manager - Industrial Water and Power Division
Naser Yaseen
Acting General Manager - Mechanical Engineering and Plumming Division
   
Advisors Position
Ashraf Atout
General Counsel
View all
Major Shareholders
Name Country
Al Amjaad Investment Company
UAE
National Bonds Corporation
UAE
Global Investment House - Kuwait
Kuwait
Dubai Investments Company
UAE
Damac Global Investment Company
UAE
Al Jallaf Investments
UAE
Zamil Industrial Investment Company
Saudi Arabia
Special Projects Company
Qatar
Al Mazaya Holding Company
Kuwait
Fanar Group
UAE
The First Dubai Corporation
UAE
Al Buhaira National Insurance Company
UAE
Abu Dhabi Commercial Bank
UAE
Drake and Scull Group
UAE
SHUAA Capital - UAE
UAE
Elia Nuqul and Sons Company
Jordan
Gulf General Investment Company
UAE
KRT3
UAE
Al Mal Capital
UAE
The First Arabian Corporation
UAE
Arzaq Holdings
UAE
KRT1
UAE
Zabeel Investments
UAE
ENSHAA
UAE
Ekttitab Holding Company
Kuwait
Themaar Investment
UAE
KRT2
UAE
HH SheikhSuroor Bin Mohammed Bin Khalifa Al Nahyan
UAE
HEMohammed Ali Redha Ali Al Hashimi
UAE
Mr.Abdulla Ahmed Al Moosa
UAE
HE SheikhMohammad Abdullah Juma Al Qubaisi
UAE
Mr.Ismail Aqil Abdulrahim Janahi
UAE
Mr.Faisal Juma Khalfan Belhoul Al Falasi
UAE
HH SheikhTariq Bin Faisal Bin Khalid Al Qassimi
UAE
Mr.Abdulmonem Bin Rashed Bin Abdulrahman Al Rashed
Saudi Arabia
HEAbdulrahman Bin Mohammed Bin Nasser Al Owais
UAE
HH SheikhTahnoon Bin Zayed Bin Sultan Al Nahyan
UAE
HEKhalid Jassim Mohammad Bin Kalban
UAE
Mr.Juma Ahmad Majid Al Ghurair
UAE
Mr.Amjad Mohamed Yusri Mahmoud Salman Al Dweik
UAE
Mr.Mohammad Amin Mohammad Sadeeq Mohammad Aqeel Al Kazim
UAE
HH SheikhRashid Bin Humaid Bin Rashid Al Nuaimi
UAE
SheikhMishal Bin Khaled Bin Mohamed Bin Hethlain
Saudi Arabia
HEHussain Jasem Naser Mohammad Al Nowais
UAE
Mr.Khaldoun Rashid Tabari
Jordan
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