Drake & Scull International PJSC which supplies engineering services to the construction sector, is truly on a roll on the back of a healthy contracts pipeline. The company's stocks surged to a record 8.4 percent to 1.16 dirhams, the strongest since it was listed in March 2009, at the close in Dubai, on the strength of its construction contracts. This will most certainly double its second-quarter profit. Shares of Drake & Scull have rallied 17 per cent since Arabtec granted the Khaldoun Tabari led Dubai company on July 15 a $63 million contract for works at the Fairmont Abu Dhabi Hotel complex. Last month, Drake & Scull and Habtoor Leighton Specon won a 522-million riyal contract for a project at the King Fahad Medical City in Saudi Arabia. The company has recently been awarded contracts worth $100.46 million for the construction of three projects in Saudi Arabia and the United Arab Emirates. Drake & Scull, which specialises in mechanical, engineering and plumbing (MEP) operations, has been gradually expanding its operations outside of Dubai following a slowdown in the emirate's once-booming real estate sector. Earlier this year the company bought 65 per cent of Drake & Scull International Saudi for AED 243 million dirhams.