Depa secures a new win in United Arab Emirates for approximately AED 200mn

Depa secures a new win in United Arab Emirates for approximately AED 200mn

15th Jan 2024

Depa PLC (“Depa”), the leading global interior solutions group, announces it has recently won the fit-out works of a high-end luxurious headquarters office building in Dubai, United Arab Emirates.

Haitham Tuqan, Depa’s Group Chief Executive Officer, commented:

This new win adds to Depa’s impressive portfolio and reaffirms its position as a fit-out leader in the region. It is not only in line with our new  Board's strategy of building a healthy backlog but also demonstrates our commitment to selecting projects based on rigorous criteria. It's a clear indicator of Depa's strong market position and our dedication to our stakeholders.

For further information, please contact:

Depa PLC

Tel: + 971 4 821 6666

Haitham Tuqan, Group Chief Executive Officer

Nader Mardini, Group Chief Financial Officer


For more information, please refer to the corporate website:

Notes to editors:

Depa is a strategic management company specialising in global interior solutions. Depa’s key business units hold leading positions in their respective markets: Vedder Group, Depa Interiors Group, and Deco Group. Employing thousands of people worldwide, the Group’s operations are centred on two regional hubs: Europe and the Middle East.

Depa’s mission, shared by each of its key business units, is to deliver sustainability, profitability and performance for its clients, shareholders and employees. The Group’s five core values are integral to everything Depa does: transparency, integrity, accountability, professionalism and exceptional service.

Depa PLC is listed on the Nasdaq Dubai (Ordinary shares: DEPA:DU) and (Ordinary Class A Shares: DEPACLA:DU) and is headquartered in Dubai, United Arab Emirates.

Cautionary statement:

This document may contain certain 'forward looking statements' with respect to Depa's financial condition, results of operations and business and certain of Depa's plans and objectives with respect to these items. By their very nature, forward looking statements are inherently unpredictable, speculative and involve risk and uncertainty because they relate to events, and depend on circumstances, which may occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. All written or verbal forward looking statements, whether made in this document or made subsequently, which are attributable to Depa or any other member of the Group or persons acting on their behalf are expressly qualified on this basis. Depa does not intend to update any such forward looking statements.