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FINANCIAL NEWS
UAE’s Depa wins USD83m contracts
06 Aug 2014
(MENAFN) Depa Ltd, on interior contracting companies, has been awarded USD82.74 million-worth contracts in Asia and Europe, according to the Emirates 24/7.
Design Studio Group, Depa’s Asian-based subsidiary and Singapore’s leading premier furniture manufacturer, product and interior fitting-out specialist, won a contract worth USD59.88 million from the Singapore-based OUE Limited, a real estate owner, developer and operator, to renew the lower and middle level floors OUE Downtown 1 from offices to serviced apartments.
Vedder, the company’s Europe-based yacht interior contracting specialist signed a USD22.86 million contract with Amels shipyard in the Netherlands. Vedder will undertake the fit-out of the guest-areas and owners cabin of a luxurious yacht.
The overall interior size is 970 square meters and has seven guest cabins with bathrooms, two lounges, a beach club with spa and a library. The project is scheduled to be completed by August 2016.
More News
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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