Tuesday 16 October 2018
Dubai contractor

Arabtec Holding's H1 net profit surges 97pc, revenues up

Arabtec Holding, a leading construction company in the Middle East, has registered a 97 per cent jump in its net profit for the first half which rose to Dh113 million ($31 million) from last year's Dh57.4 million ($15.6 million). An


Drake & Scull wins $36.7m Saudi contract

Dubai contractor Drake & Scull said its Saudi unit has clinched a Dh135 million ($36.7 million) contract to provide turnkey Mechanical Electrical and Plumbing (MEP) solutions to the Assila Towers, a high-profile project in Jeddah. Al-S


Drake seeks projects in Iraq to diversify income

Dubai contractor Drake & Scull International is eyeing project tenders in Iraq in the second half of 2011 as it looks to break into new markets and diversify its income. Drake, whose biggest market is Saudi Arabia, is also keeping a cl


DSI to bid on $1bn of projects in Qatar

Dubai contractor Drake & Scull International (DSI) is bidding for Dh4 billion ($1 billion) worth of projects in Qatar and is planning two acquisitions in 2011, its top executive said on Wednesday. Drake, which specialises in mechanical

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