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FINANCIAL NEWS
Dubai’s DSI to execute USD87m contracts in Saudi Arabia, UAE
13 Nov 2012
(MENAFN) Dubai-based contractor Drake & Scull International (DSI) has been awarded USD86.7 million contracts in Saudi Arabia and Abu Dhabi, Reuters reported.
The company will execute mechanical, electrical and plumbing worth USD22.1 million in a commercial development in the west of Saudi Arabia.
DSI will also undergo USD31.3 million projects in a government administration facility as well as executing USD32.25 million contracts in a hospitality venue in Abu Dhabi.
DSI ‘s main business streams include Drake & Scull International, which serves as the MEP arm, Drake & Scull Construction (DSC), which is the General Civil Contracting unit and Drake and Scull Water & Power (DSWP), which focuses on the Water & Power and Infrastructure sector.
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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