Dubai's Drake & Scull planning two acquisitions this year
Complex Made Simple

Dubai's Drake & Scull planning two acquisitions this year

Dubai's Drake & Scull planning two acquisitions this year

Khaldoun Tabari, CEO of Dubai-based Drake and Scull International has said the construction firm is planning two acquisitions this year valued at Dhs100m ($27.2m) each, Bloomberg has reported. He also said the company expects revenue to grow at double digits this year. "We are at Dhs7bn to Dhs8bn right now, and with the acquisition in Saudi Arabia we'll be at Dhs9bn," he said, referring to the value of projects the company is executing.

    Author
    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

    © 2021, ADigitalcom. All rights reserved