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FINANCIAL NEWS
Dubai’s Arabtec says no merger with Drake & Scull
17 Dec 2013
(MENAFN) Dubai-based Arabtec Holding denied that it was looking to buy local contractor Drake & Scull, calling it “recent market and media speculation, Arabian Business reported.”
The company said: �Arabtec Holding confirms that there have been no discussions between the management of both companies about a potential deal, and there are no current plans to acquire Drake & Scull either in full or in part.
Earlier this year, Drake & Scull’s chief executive said he is not planning to sell his stake in the company, but said that partnerships on projects with Arabtec will increase.
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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