Depa Limited announced that the appointment of Mr. Mohannad Sweid, as a Non-Independent, Non-Executive Director of the Company, and Mr. Ahmed Ramdan, as an Independent Non-Executive Director of the Company, with immediate effect, replacing Mr. El Sayed Zakaria and Mr. Mohamed Idriss, who have both resigned. Mohannad Sweid has more than 25 years' experience in managing top interior consulting and interior contracting companies. In 2006, Mr. Sweid was involved in Depa's strategy of overseas expansion and managed the acquisition of complementary companies in the interior contracting and furniture manufacturing sectors.

Prior to Depa Interiors, he served as the Managing Partner of Rochan Fine Arts in Saudi Arabia. Currently he serves as President and CEO of Sweid and Sweid, a Dubai-based real estate firm. Ahmed Ramdan is the founder and Group Chief Executive Officer of Roya International LLC.

Before establishing Roya International, Mr. Ramdan had a highly successful, 30 year career in hotel management, including running multiple properties on behalf of global hotel brands such as InterContinental Hotels and Le Meridien hotels. Mr. Ramdan has also served as a key advisor to government institutions on some of the Middle East's most iconic projects, including the Dubai International Financial Centre, Dubai Media City, Jumeirah Beach Residence, as well as Reem Island and Saadiyat Island in Abu Dhabi.