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FINANCIAL NEWS
UAE Depa’s Saudi business tops USD272m
19 Jun 2013
(MENAFN) Depa Limited Chief Executive Officer, Mohannad Sweid, stated that the interior contracting firm’s Saudi Arabia business amounted to more than USD272 million, reported Arabian Business.
Sweid also said that the company recently signed two new projects and one contract variation in the kingdom worth over USD68.04 million.
The CEO added that one of the projects was a USD13.06 million contract from NESMA & Partners to complete the fit-out works of public areas for its Hyatt Regency and Conrad hotels.
It is worth noting that Depa Ltd. specializes in the full-scope turnkey fit-out and furnishing of five-star luxury hotels, yachts, apartments, and other fine private and public facilities in Dubai and worldwide.
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