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FINANCIAL NEWS
Drake & Scull signs USD122.5m Saudi contract
18 Feb 2013
(MENAFN) Dubai’s Drake & Scull announced that it has inked a USD122.5 million contract in Saudi Arabia’s Western Province, reported Arabian Business.
The contractor said that the deal was signed via the civil engineering unit of its international construction business.
Although the company didn’t reveal any further details about the project, however, it noted that the Kingdom is now Drake & Scull’s biggest-new market by value.
It is worth noting that Drake & Scull Saudi unit will begin work on the project immediately, with operations scheduled to be concluded by the end of next year.
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BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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