Wednesday 23 April 2014
 
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Depa

Arabtec rules out more Depa stake buys

Dubai builder Arabtec Holding said on Monday that it had no plans to increase its stake in interior contracting firm Depa. Recent media speculation about increasing its stake in Depa was baseless and "there are no plans at th

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No plans to buy more Depa stake: Arabtec

Dubai builder Arabtec Holding said on Monday that it had no plans to increase its stake in interior contracting firm Depa. Recent media speculation about increasing its stake in Depa was baseless and "there are no plans at th

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Depa names new board directors

Depa Limited, one of the world’s leading interior contracting companies, has appointed Roderick Maciver and Fahad Al Nabet as the independent non-executive directors to the company’s board. The development comes follow

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Depa wins major Abu Dhabi fitout project

Dubai-based Depa, a global leader in interior contracting, said it has secured a Dh574 million ($156 million) fit-out contract for a major government project in Abu Dhabi. The full scope of work includes the installation of struct

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Depa H1 revenue surges 22pc

Dubai-based Depa, a global leader in interior contracting, said it has registered a 22 per cent growth in its revenue for the first half which soared to Dh1.01 billion ($274.9 million) compared to Dh825 million last year. Announci

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Depa buys luxury fit-out business of German firm

Depa, a leading interior contracting company, has acquired the assets of German-based Loher Raumexklusiv’s luxury interiors business, through its wholly-owned German subsidiary, Vedder, for an undisclosed sum. Founded in 193

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Dubai builder Arabtec buys key stake in Depa

Arabtec Holding, Dubai's largest listed builder, said on Thursday it will acquire a stake in Depa, a day after the interior contractor's shares jumped 47 per cent on a rumoured buy. Arabtec said its board had approved the

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UAE firm keen to buy major share in Depa

Dubai-based interiors contractor Depa said on Tuesday that an unknown UAE-based entity plans to buy a significant stake in the firm, leading to a sharp rally in its shares. Depa, listed on the Nasdaq Dubai bourse, said it had no d

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Depa slips into $30m loss in H1

Dubai-based Depa, a global leader in interior contracting, posted a loss of Dh110 million ($29.9 million) for the first half of the year as against a profit of Dh48 million during the same period in 2011. Half-year profitability was imp

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Depa JV’s $245m Doha airport deal terminated

Lindner Depa, an interior fitting joint venture between Dubai-based Depa and Germany's Lindner AG, has had a Dh900-million ($245.03 million) contract to fit out the new Doha International Airport terminated, Depa said on Sunday. The co

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