FINANCIAL NEWS

Drake & Scull wins $38.17m contract in Qatar

11 May 2010

(MENAFN) Drake & Scull International (DSI) announced that its Qatari unit won its first contract worth $38.17 million, Khaleej Times reported.

DSI Chief Executive Officer, Khaldoun Tabari, said that the contract involves a mixed-use project located in the Al Sadd district of Doha.

Tabari pointed out that Drake & Scull has acquired DSQ in expectation of tapping into the liquid markets of Qatar. He said that the firm would see rapid growth in Qatar in line with Drake & Scull’s horizontal growth strategy.

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