This will raise its share capital by $163 million to $944 million.
Why do firms falter in Middle East’s booming sectors?
In the last 10 years, a motley of supposedly best-run companies in the Middle East have collapsed, disappearing into obscurity. TRENDS examines what went wrong.
Drake & Scull net profit vaults to $21.2m in H1
Drake & Scull International (DSI) has reported a net profit of $21.2 million for the first half of 2021. The Dubai-listed firm’s revenue increased to nearly 22 million, a statement to the Dubai Financial Market (DFM) said on Wednesday.
