Depa, headquartered in Dubai, provides a complete range of interior services and solutions to clients around the world through its operations in 16 countries worldwide. February 2009
ABOUT DEPA Depa Limited is a leading interior contracting company in the Middle East, North Africa and Southeast Asia regions. Operating principally in the luxury fit-out industry, its main areas of business cover 5 star hotels, high-end residential properties, retail outlets, yachts, as well as public sector amenities such as hospitals and airports. In addition, it is a provider of manufactured products and procurement services, with a specific focus on customised furniture, fixtures and equipment (FF&E), which it uses in its in-house operations as well as provides to third parties. Depa is listed on the NASDAQ Dubai (ticker DEPA) and has Global Depositary Receipts on the regulated market for listed securities of the London Stock Exchange plc (ticker DEPA and DEPS). Depa has over 8000 employees and operates through an integrated network of subsidiaries, affiliates and representative offices located in the UAE, Saudi Arabia, Qatar, Egypt, Jordan, Morocco, Libya, India, Malaysia, Thailand, China, Singapore, the UK, the Netherlands and the US. Through this network, Depa has successfully executed projects in over 16 countries. Over the last three years, Depa has completed over 50 interior contracting projects in the hospitality sector as well as numerous other interior contracting projects in various sectors including residential property developments, airport, retail, yacht, and specialist fit-out.
La Cigale Doha
MAJOR PROJECTS Burj Al Arab - Dubai
Four Seasons Hotel – Mumbai
Burj Dubai – Dubai
Four Seasons Hotel – Sharm el Sheikh
Fairmont Hotel - Dubai
Jumeirah Beach Hotel - Dubai
EK Lounges and Duty Free shops, Terminal 3 – Dubai Airport
Four Seasons Nile Plaza - Cairo
The Ritz-Carlton – Dubai
La Cigale - Doha
Emirates Palace Hotel – Abu Dhabi
Museum of Islamic Arts – Doha
Grand Hyatt Hotel – Muscat
Atlantis The Palm Hotel – Dubai
Burj Al Arab
Mazagan Resort – El Jedida, Morocco
SERVICE OFFERING Interior Contracting
Interior Manufacturing
Industries Serviced Hospitality Residential Commercial Theming
Output
• Hotels • Resorts
Joinery factories
Luxury apartment bldgs Palaces Luxury villas Office buildings Banks Retail malls • Theme parks • Museums • • • • • •
Shop-Fitting
• Shops • Department stores • Retail malls
Yacht Fitting
• Yachts • Cruisers
Infrastructure
• Airports/transport terminals • Hospitals
Furniture manufacturing Soft furniture manufacturing Metal works
• Fitted furniture & doors • Cabinets
Dubai Duty Free Concourse
• Loose furniture • Upholstered furniture • Carpets • Hand tufted carpets • Architectural metal work
Atlantis The Palm Hotel
Procurement
Depa specialises in the full-scope turnkey fit-out and furnishing of luxury hotels, apartment buildings, offices, malls & shops, airports & metro stations, hospitals and yachts as well as theming & museums.
DEPA’S HISTORY
BOARD OF DIRECTORS
The Depa Group was established in 1996 by Mohannad Sweid and certain other individuals. In 1998, the group’s operations were expanded with the acquisition of an Italian-based interior contractor and the relocation of its headquarters to Dubai, UAE
Abdullah Al Mazrui - Chairman Mohannad Sweid – Director, CEO Riad Kamal - Director
In addition to strong organic growth, Depa has become a leading provider of interior contracting services through a combination of various subsidiaries, joint ventures and acquisitions across a number of geographic markets and segments within the interior contracting industry
Maha Al Ghunaim - Director Marwan Shehadeh - Director Orhan Osmansoy - Director Mohammed Al Hashimi - Director Faisal Al Matrouk - Independent Director Hilal Al Marri - Independent Director
KEY MANAGEMENT Mohannad Sweid Chief Executive Officer, Co-founder of the Depa Group Spearheaded Depa’s expansion into several countries and oversaw the acquisition of leading companies in the fields of interior contracting and furniture manufacturing More than 25 years of experience in managing interior contracting and consulting companies in the Middle East and the USA Studied architecture and design at BAC in Boston Noor El-Solh Managing Director of Strategy • Led Depa’s Initial Public Offering in April 2008 • Extensive strategy consulting experience • Bachelors degree in Finance and Economics, Boston College • MBA in Finance and Strategic Operations, MIT Sloan School of Management
Eyad Abdelrahim Managing Director of Finance • Joined Depa in 2003 • Highly experienced in the financial services industry • Bachelors degree in Economic and Administrative Sciences, Yarmouk University, Jordan • MBA, University of Wollongong, Dubai
CONTACT DETAILS Hania Allahham PR Manager Tel: +971 4 224 3800 hania.allahham@depa.com
Brunswick Group - Dubai Azadeh Varzi Tel: +971 4 365 8260 avarzi@brunswickgroup.com
For more information please visit: www.depa.com