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Finance / Saudi Arabia

DSI Cements Presence In Saudi Arabia

April 2011 | Corporate Financing Analysis

BMI View: Drake & Scull International (DSI) has embarked on an acquisition strategy which has seen the company diversify outside its domestic market - the UAE. Following the Dubai real estate crash in 2009, DSI sought to expose itself to countries where demand for engineering expertise was sustained. The company has had the most success in Saudi Arabia, where a significant project pipeline is attracting the region's major construction companies.

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