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Khaldoun Tabari
8

Khaldoun Tabari

Vice Chairman & CEO, Drake & Scull International
P Mohamed Ali
Kez Taylor

Khaldoun Tabari has led Drake & Scull since 1998, when he bought a stake in the firm but had joined the originally British company in 1982 installing radar stations and underground command centres in Saudi Arabia.

Drake & Scull showed a profit of AED63 million during the first three months of the year, well above forecasts and up 47% on the same period last year.

His company is one of the strongest performing in the UAE stock markets, up 10 % in May and during the same month his company secured Dh2.24 billion worth of awards in different operating markets.

The firm was wholly owned by a consortium of investors, including Tabari, before it listed 55 % of its shares on the Dubai Financial Market in 2009 and following the crash it embarked on an aggressive expansion and acquisition programme.

In the last three years the firm has increased revenues generated from outside the UAE from 22 to 75 percent and Tabari continues to look at growth opportunities in new markets like India and Iraq. In the last five years, it has made six acquisitions including the German wastewater specialist, Passavant Roediger.

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Awards

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You have until 20 January to submit your nominations for the ninth edition of the
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Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 758
Feb 08, 2020