Drake & Scull inks MEP agreement for major government facility in Abu Dhabi
Source: BI-ME , Author: Posted by BI-ME staff
Posted: Mon January 30, 2012 2:56 pm

UAE. Drake & Scull Abu Dhabi, a wholly owned subsidiary of Drake & Scull International (DSI) PJSC – a regional market leader in integrated design, engineering and the construction disciplines of Civil Contracting, Mechanical, Electrical and Plumbing (MEP), and Water & Power – has announced that it has signed a Letter of Agreement to perform MEP works for an iconic government facility in Abu Dhabi.

The project is DSI’s first MEP agreement in Abu Dhabi for 2012 and represents a strong start for the company within one of the region’s most promising construction markets.

Commenting on the project award, Khaldoun Tabari, CEO, DSI said, “This marks an excellent beginning for our activities in Abu Dhabi this year, we have built up a solid reputation for excellence and prompt delivery in Abu Dhabi which we are eager to reaffirm.”

“Abu Dhabi is definitely making its own mark within the region’s construction industry as it overhauls its urban landscape. This agreement puts us at the heart of the emirate’s development agenda in 2012”.

Ahmad Al Naser Regional Operations Director of DSI added, “The MEP works will commence immediately on the project and we expect to hand over the facility in March 2013. Abu Dhabi remains a strategic market for DSI where it first operated in the region, evolved and accumulated a great level of expertise through the execution of a prestigious profile of iconic projects across the residential, commercial, healthcare, and hospitality industries over the past 45 years. ”

About Drake & Scull International PJSC

Drake & Scull International PJSC (DSI) is a regional market leader delivering world class quality projects via end to end solutions that provide  integrated design, engineering and construction disciplines of Mechanical Electrical and Plumbing (MEP), Civil Contracting, and Water & Power Infrastructure, through People, Innovation, and Passion.

DSI established its first office in Abu Dhabi in 1966, and has since expanded operations to encompass offices in Dubai, Egypt, Kuwait, Libya, Oman, Saudi Arabia, Syria, Qatar, Jordan and Thailand, as well as managing projects in Europe and other parts of North Africa

DSI ‘s main business streams include Drake & Scull International, which serves as the MEP arm, Drake & Scull Construction (DSC), which is the General Civil Contracting unit and Drake and Scull Water & Power (DSWP), which focuses on the Water & Power and Infrastructure sector.

DSI has completed many prestigious projects in the region for over four decades, and has helped shape the region’s skyline from within.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
date:Posted: April 16, 2014
UAE. Apartments sector witnessed increase of 29% whilst villa rentals have grown by 15% year on year; Over the next four years roughly 65,000 new residential units penned for completion.
dhgate