last trade: 0.401 AED (27 July 2017) 0.00
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Thomson Reuters research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Tenders for Tabarak-backed Wahat Al Zaweya project expected to begin issuing this year with potential contracts for DSIZawya - 22-Jun-2017
The latest developments represent a critical progress in the capital restructuring program that will enable the Company to resolve its liquidity challengesWAM (Emirates News Agency) - 20-Jun-2017
UAE – Drake & Scull International PJSC (“DSI” or the “Company”), a regional engineering and services leader announced today, that it will proceed with the final preparations to secure the approval of the Securities and Commodities Authority (SCA) to initiate the 75% share capital reduction.Press Release - 20-Jun-2017
Earlier this year, the cash-strapped contractor announced a turnaround and capital restructuring plan which included a number of cost-cutting measures and capital raising initiatives.Zawya - 19-Jun-2017
UAE, June 18, 2017 Drake & Scull International PJSC (“DSI” or the “Company”), a regional engineering and services leader, announced today that Tabarak Investment LLC acquired the majority shares of Former Chief Executive Officer, Khaldoun Tabari.Press Release - 18-Jun-2017
Despite Trump's withdrawal, business groups have identified significant benefits from the climate change accord.
All in all, oversupply will continue to dominate price action in the oil markets for the foreseeable future