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Dubai: Drake And Scull International Resumes Trading After 5-Year Suspension

After 5 years, Drake & Scull finally makes it back to DFM

Dubai engineering firm makes successful comeback after enduring extended rough ride

Dubai: Drake and Scull International resumes trading after 5-year suspension

In 2015, it had reported losses after the decline in oil prices forced developers and clients to defer payments and delay projects

Drake & Scull International eyes $789 4m capital hike

Dubai contractor Drake & Scull said it has closed the subscription for new capital, with proceeds exceeding AED450 million ($122 million). The company aims to raise AED2.9 billion ($789.4 million) new capital through distribution of 2.8 billion shares.

Drake & Scull International eyes $789 4m capital hike

Drake & Scull International eyes $789 4m capital hike
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