Drake & Scull International (DSI)

Drake & Scull appoints Khalifa Al Remeithi as vice chairman
Al Remeithi replaces Ahmad Bin Brook who will continue to retain his position as the
Khaldoun Tabari ex-Drake & Scull CEO arrested in Jordan airport
DSI sources told Construction Week, Tabari was later granted bail after providing his passport as
Drake & Scull says ex-management hid losses worth $857.65m
15 criminal complaints filed against firm’s former management, previous board of directors members, and their
Shuaa Capital named restructuring advisor for Dubai contractor DSI
Dubai Financial Market-listed Drake & Scull International says Shuaa Capital to support ongoing debt restructuring
Nader Mugbil named investor relations officer at Dubai-listed DSI
Drake & Scull International confirms appointment that comes months after Saed Sabaneh was named CFO
Dubai-listed DSI appoints Saed Saabneh as group CFO
Saabneh will replace Khaled Jarrar, who exited the company alongside its chief excutive and legal
Dubai's DSI submits 'questionable' project files to UAE investigator
Emirates Securities and Commodities Authority provided 'some files related to questionable projects' between 2009-16
Dubai-listed builder DSI's board chairman Obaid Bin Touq resigns
Khamis Buamim has also resigned from the loss-hit firm's board, weeks after the contracting firm

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Construction Week - Issue 765
Jun 29, 2020