UAE court upholds AED152 million judgment against former Drake & Scull executives

UAE court upholds AED152 million judgment against former Drake & Scull executives
UAE court upholds AED152 million judgment against former Drake & Scull executives

Drake & Scull International PJSC (DSI) is a United Arab Emirates-based public limited company operating in the construction sector. The Company is primarily engaged in subcontracting works related to the construction industry in the Middle East, Europe, Asia and North Africa region. The company is organized into three business sectors: the mechanical, electrical and plumbing (MEP) sector offers mechanical, electrical, plumbing and sanitation work related to the plumbing industry. construction; the Infrastructure, Water and Power (IWP) sector offers infrastructure services, water treatment plants, district cooling plants and power plants; and the civil engineering and others sector offers real estate construction works, sanitation works and real estate activities. During the third quarter of the fiscal year ended December 31, 2011, the Company acquired the remaining 20% ​​of the shares of Gulf Technical Construction Company LLC.

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