Drake and Scull to invest in Saudi companies
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Drake and Scull to invest in Saudi companies

Drake and Scull to invest in Saudi companies

Khaldoun Tabari, CEO of Drake and Scull International (DSI) has said it plans to spend up to Dhs700m ($190.5m) to acquire two companies in Saudi Arabia, Saudi Gazette has reported. "We will be buying an MEP company and a civil company. It could be early third quarter, while the civil will take a few months after that," Tabari said. The Dubai-based contractor is also close to securing a Saudi MEP contract and a civil contract for a 40 storey civil contract in Jeddah, he said.

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