May 26, 2018

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Dubai’s Drake and Scull to elect a new board

Drake & Scull International (DSI)
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Dubai-based contractor, Drake and Scull International (DSI), has announced that it will elect a new set of board of directors during its general assembly scheduled later this year.
The announcement was made at the board of directors meeting held on August 13, where Tabarak Investment was announced as DSI’s largest shareholder. The election of a new board is part of its capital restructuring programme and transformation plan, the company said in a statement.
The firm has decided to appoint four new members to fill the positions vacated by the recent resignation of four members led by former executive vice chairman Khaldoun Al Tabari and CEO Wael Allan.


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