DSI backlog rises 66% to Dh5.5b

DUBAI - Drake & Scull International PJSC has announced that the company’s backlog as of September 30, 2010 stood at Dh5.5 billion, a 66 per cent increase over the Dh3.3 billion backlog recorded at the end of 2009.

  • Follow us on
  • google-news
  • whatsapp
  • telegram

Published: Tue 14 Dec 2010, 11:37 PM

Last updated: Mon 6 Apr 2015, 10:07 AM

The latest figures include the consolidation of Drake & Scull International Saudi’s backlog following the recent 65 per cent acquisition of the company by DSI. Drake & Scull International also announced on Monday, contract wins of three new projects — two in Oman and one in the UAE. “At the beginning of 2010, we set out to expand our business portfolio and estimated an end-of-year backlog of over Dh5 billion,” said Khaldoun Tabari, CEO of DSI. “As it stands now, the company’s backlog is a realisation of that promise which was made to our shareholders a year ago.”

DSI’s order backlog is reflective of the company’s fully-fledged operational capabilities in the Middle East, which has allowed them to provide integrated end-to-end engineering services to a number of prominent projects across the region.

business@khaleejtimes.com


More news from