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restructuring

DSI posts Q4 2017 profit despite wider full year net loss
UAE-based contractor Drake & Scull International (DSI) on Wednesday reported an 11% increase in revenues
Drake & Scull secures new credit lines for ongoing projects
Drake & Scull International (DSI) has secured new credit lines and working capital facilities for
Drake & Scull reports third quarter net loss of $97m
Drake & Scull International (DSI) reported a net loss of $97m (AED359m) in Q3 2017.
Drake & Scull completes capital restructuring programme
Drake & Scull International (DSI) has announced the completion of its capital restructuring programme after
Drake & Scull appoints new chief financial officer
Drake & Scull International (DSI) has appointed Feras Kalthoum as its acting chief financial officer,
Drake and Scull in talks with banks on restructuring
Drake and Scull (DSI) said that it is currently in talks with key stakeholders, including
Nakheel declared debt-free after sukuk repayment
The scheduled payment marks the end of the company’s financial restructuring, which began in August
Dubai's Limitless to pay an early debt of $563m
A payment of $517m (AED1.9bn) will be made to banks, covering 43% of the outstanding

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Construction Week - Issue 749
Sep 15, 2019