Drake & Scull International
Growth Score40DXBi Rank115Heat Score100Drake & Scull International PJSC
A century-old MEP and infrastructure contracting group rebuilding after debt restructuring
Media
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Drake & Scull revenue more than doubles on project execution
Drake & Scull, Prestige One kick off work at Majan development
Drake & Scull revenue doubled to $61m in 2025
Drake & Scull awarded contracts worth over $270m
Former Drake & Scull CEO returns to lead growth plans
Drake & Scull gains approval to resume trading on Dubai bourse
Overview
Growth Score
Steady
Heat Score
Trending up
Details
- Operating Status
- Active
- Company Type
- Public (PJSC), DFM-listed
- Headquarters
- Office no. 2002, Nassima Tower, Sheikh Zayed Road, Dubai, UAE
- Founded
- 1966
- Website
- drakescull.com
Products & Services
Drake & Scull Contracting
Core contracting division delivering civil engineering, mechanical, electrical, plumbing (MEP), and fire protection works for buildings and infrastructure projects across the UAE and MENA.
Passavant Energy & Environment (PE&E)
Frankfurt-headquartered, wholly-owned German engineering subsidiary (180+ years of history) delivering turnkey EPC water and wastewater treatment, energy re-use and resource optimization projects across Europe, the Middle East, North Africa and Asia.
DSI Real Estate Development
Real estate development arm covering land acquisition, master planning, construction oversight and asset management (e.g., the Majan Project developed with Prestige One Developments).
DSI Oil & Gas
Division delivering pipeline construction, refinery projects and industrial plant development.
People
Technology
No technology or web presence data on file yet.
Financials
Funding rounds
Projects
Arabian Hills Project – Two Infrastructure Contracts Exceeding AED 1 Billion
DSI secured two contracts (AED 452.85M for Area 10/Sun Valley infrastructure and power works; AED 557.81M for Area 05/Park Vista infrastructure, power works and a Sewage Treatment Plant) for the Arabian Hills Project (224 million sq ft), a combined value exceeding AED 1 billion. Client contact: Salem Al Muheiri, Managing Director of Arabian Hills Investment and Real Estate Development. The release also notes the win follows 'a successful restructuring and liquidity injection' at DSI.
$275M
Feb 24, 2025
AED 52.8 Million MEP Contract – The Ritz-Carlton Residences, Business Bay, Dubai
DSI was awarded an AED 52.8 million contract by Khamas Group of Investment Companies to deliver the complete MEP (mechanical, electrical, plumbing) works for The Ritz-Carlton Residences, a 48-unit luxury development on the Dubai Water Canal in Business Bay.
$14M
Jul 13, 2026
Majan Project Enters Construction Phase (with Prestige One Developments)
DSI, in strategic partnership with luxury developer Prestige One Developments, announced the official start of construction on the Majan Project in Dubai, targeting completion in Q1 2028. Prestige One CEO Ajmal Saifi and DSI Group CEO Muin El Saleh both commented.
Apr 30, 2026
Passavant Awarded EUR 17M (AED 73M) Tanta Wastewater Treatment Plant Contract, Egypt
DSI's German subsidiary Passavant Energy & Environment GmbH won an exclusive EUR 17 million (~AED 73 million) sub-contract for the Tanta Wastewater Treatment Plant Rehabilitation in Egypt (100,000 m3/day capacity), covering design-build electromechanical works plus a 2-year O&M period.
$19M
Jan 5, 2026
Passavant Wins AED 215 Million North Balqa Wastewater Treatment Plant, Jordan
Passavant Energy & Environment was awarded a JOD 41.5M (~AED 215M) contract by the Water Authority of Jordan for the North Balqa WWTP (54,000 m3/day capacity), financed by Agence Française de Développement and the EU Neighborhood Investment Platform.
$59M
Apr 28, 2025
Passavant Wins AED 169 Million Water Treatment Plant Contract, India
Passavant Energy & Environment was awarded a contract by Maharashtra Industrial Township Limited (MITL) for a 70 MLD water treatment plant and 900mm pipeline in AURIC Bidkin Industrial Area, Maharashtra, plus 10 years O&M, valued at approximately AED 169 million.
$46M
Mar 19, 2025
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