Drake & Scull International PJSC (DSI) has entered into a Strategic Collaboration Agreement with Prestige One Developments, a Dubai-based luxury real estate developer. This partnership includes a binding agreement on sales, marketing, and branding for DSI's Majan project, aiming for a sales launch in the first quarter of 2026. The collaboration will see Prestige One utilizing DSI's engineering and construction expertise, particularly in MEP works, for upcoming projects. This arrangement provides DSI with increased visibility on future MEP contracts, enhancing its order book and revenue prospects. The partnership combines Prestige One's development skills with DSI's engineering capabilities to ensure quality and timely project execution, while also setting a foundation for future joint projects.

Drake & Scull International PJSC's subsidiary, Passavant Energy & Environment GmbH, has secured a EUR 17 million contract for the Tanta Wastewater Treatment Plant Rehabilitation in Egypt. This contract strengthens DSI's involvement in the water and environmental infrastructure sector in the Middle East and North Africa. Passavant will handle the design, engineering, procurement, installation, testing, and commissioning of electromechanical systems and piping, and will operate the facility for two years, training local staff. The project aims to enhance water treatment capacity with a new facility designed for 100,000 m³/day, alongside the existing 60,000 m³/day plant, focusing on operational reliability and minimal environmental impact. Construction will last 27 months, followed by 24 months of operation and maintenance, improving water management and public health in the region.

On November 24, 2025, the Board of Directors of Drake & Scull International PJSC passed resolutions by circulation. They appointed Mr. Khaled Owaidat as a Board Member to replace Mr. Ahmad Al-Kilani for the remainder of his term, subject to ratification by the General Assembly at the next meeting. Additionally, the Board reconstituted the Audit Committee with members Mr. Khaled Oweidat, Mrs. Mia ZEČEVIĆ, and Mr. Mustafa Saifuddin.

Drake & Scull International PJSC (DSI) reported a net profit of AED 11 million for the third quarter of 2025, marking a significant turnaround from a net operating loss of AED 46.1 million in the same period last year. Revenue increased by 92% year-on-year to AED 134.9 million, supported by progress on key projects like the Arabian Hills project and the Bidkin project in India. The company also saw a 124.5% increase in gross profit compared to the previous year. Total assets decreased by 1.9% to AED 629.5 million, while total equity rose by 3.2% to AED 156.6 million. Cash and bank balances stood at AED 266.5 million, providing operational flexibility. DSI launched DSI Real Estate Development to drive new ventures, starting with the Majan plot project in Dubai, as part of its strategy to diversify and expand into real estate development.