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Drake & Scull to elect new board of directors by year-end
Drake & Scull International announced that it will elect a new set of board of
Drake & Scull sacks CEO following $54.2m Q2 2017 net loss
Drake & Scull has terminated the services of its chief executive officer, Wael Allan, following
Drake & Scull secures interest-free loan of up to $27.2m
Drake & Scull International has secured a qard al-hasan loan of up to $27.2m from
Drake & Scull appoints new chief financial officer
Drake & Scull International (DSI) has appointed Feras Kalthoum as its acting chief financial officer,
Drake & Scull’s project backlog stands at $2.18bn
With a backlog of approximately $2.18bn, and an annual burn rate in the region of
Drake & Scull CEO attributes loss to legacy issues
The $214.4m net loss recorded by Drake & Scull International in 2016 was largely the
Drake & Scull CEO: Necessity now key driver in UAE
UAE developers are beginning to prioritise necessity over the need to launch iconic projects, according
Drake & Scull limits general contracting to UAE
Drake & Scull International has revealed that it will no longer offer civil or general

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Construction Week - Issue 759
Feb 22, 2020