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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Friday, March 6, 2009

Drake and Scull International IPO Listing 16 March 2009

Drake set for Dubai listing
Gulf Daily News - Manama, Bahrain
DUBAI: Contractor Drake & Scull International will list its shares in Dubai on March 16 in a delayed move following its initial public offering (IPO) in July last year, the company said yesterday.
Drake, which specialises in mechanical, engineering and plumbing businesses, raised 1.22 billion UAE dirhams ($332.1 million) in the IPO aimed at expanding its business across the Middle East and North Africa (Mena). ...

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