DG
D rumstick
Group is a multi-discipline group
providing highly professional services in general
maintenance, construction, media production,
corporate hospitality, event management & marketing and
tourism.
With offices based in the UK
and Dubai, we have an international approach with local
expertise.
Construction
Currently
DGLLC is in the process of completing two purpose built
labour camps for QGM Group, who have already assigned
DGLLC to further build three more units at Hamriyah Free
Zone.
We are
also contracted for various MEP and security
projects for both commercial and domestic properties
in UAE.
General Maintenance
The team at Drumstick LLC is dedicated to providing
quality maintenance services to customers throughout
Dubai and UAE. Our services range from a one time
emergency repair call out, to the implementation of a
planned preventative programme exclusive to your
property’s needs.
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General Maintenance
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Handyman
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AC Repair &
Servicing
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Electrical Services
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Plumbing Services
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Painting Services
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Masonry
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Carpentry
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Third Party Services
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Landscaping
Industry
News
Kuwait cuts discount rate by 50 bps
The Central Bank of Kuwait has cut its key discount rate for the sixth time since October 8, 2008, by 50 basis points to 2.5% to support growth in the Gulf country's non-oil sectors as inflation is seen staying low, Kuna has reported. The reduction would help create a suitable climate for banking credit growth, CBK governor Sheikh Salem Abdulaziz Al-Sabah said.
| Saudi bank to open 90 new branches
Saudi Arabia's Al-Rajhi Bank has announced plans to open 90 new branches within the next three years, as part of its expansion strategy in the kingdom, Arab News has reported. The planned expansion will bring to 546 the total number of its branches in the country.
| Dubai Islamic Bank inks deal with UAE ministry
An agreement has been signed between Dubai Islamic Bank and the UAE's ministry of finance to grant the lender capital to provide Shari'ah-compliant products, Reuters has reported. DIB has obtained a 'wakala capital', an agency structure where a depositor authorises an agent to invest his funds in Shari'ah-approved assets. If the lender breaches the wakala terms and conditions, the ministry has the right 'to convert all or part of the outstanding wakala capital... which would result in a capital increase of the bank', DIB said in a statement.
| Saudi Fransi booked highest loan loss impairment in Q4
Banque Saudi Fransi made the highest quarterly net impairment charge in 2009 for credit losses during the fourth quarter, Reuters has reported. The Saudi affiliate of France's Credit Agricole booked 418.1 million riyals during the fourth-quarter to cover loan losses. This brings to 641.6 million riyals the total amount of provisions Fransi made in 2009 to cover loan losses against 504.3 million riyals in 2008.
| RAK Bank '09 profit rises 14%
National Bank of Ras al-Khaimah (Rakbank) has reported a 14.2% rise in full-year profit to Dhs726.15m. Increases in loans and advances in the retail segment contributed to a rise of 23% in the lender's total assets to Dhs17.1bn, the bank said. The share capital of the bank increased to Dhs962m from Dhs740m. Total shareholders equity increased to Dhs2797m at the end of the year.
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