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Drake & Scull awarded US$95.8mn Saudi deal

The Saudi unit of Dubai contractor Drake & Scull has signed a US$95.8mn deal to build a commercial development project in Riyadh.

The deal brings the company's total value of awarded projects in the kingdom to 2.4 billion dirhams for the year, the company said in a statement.

'We are in the process of closing another deal in the capital which we hope to announce soon,' said Khaldoun Tabari, chief executive of Drake & Scull.