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FINANCIAL NEWS
Tabari has no intentions to sell stake in DSI
15 May 2013
(MENAFN) Drake and Scull’s CEO announced that he isn’t going to sell his stake in the company, reported Reuters.
Khaldoun Tabari, who owns nearly 44 percent of Drake directly and through other firms, added that the company is doing well, and it’s currently bidding for USD4.08 billion worth of projects.
The mechanical, engineering and plumbing (MEP) specialist will boost its projects with Arabtec.
It’s worth mentioning that the company is working on projects in the GCC, Egypt, and India.
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