Tecom Group News Today

The Board of Directors at Tecom Group has approved a AED1.7 billion ($460 million) Strategic Acquisition and Development Plan as part of its clearly defined roadmap to achieve sustainable growth and deliver strong results.

TECOM Group PJSC (DFM: TECOM), (the “Company” or the “Group”), the creator of specialised business districts and vibrant communities, today announced achieving a 15% year-on year (YoY) increase in net profit for the three month period ended 31 March 2024

Zones operator closes Q1 with 'all-time high' occupancy of 91%

Tecom Group, the creator of specialised business districts and vibrant communities, has posted 15% year-on year (YoY) rise in net profit to AED290 million ($79 million) for the first quarter as occupancy levels hit historic levels at 91%.

In5 has incubated about 900 startups since its inception, and its tech-focused vertical is currently home to 270 active startups.

For shareholders, there will be a Dh400m dividend payout to share in April

Tecom Group, the creator of business districts and vibrant communities, has seen its revenue for financial year (FY) 2023 rise 10% to record AED2.2 billion and net profit jump 49% YoY to all-time high of AED1.1 billion ($300 million).

Dubai Holding, a global investment holding company operating in

Dubai Fashion Week (DFW), Dubai’s official fashion week co-founded by Dubai Design District (d3) and Arab Fashion Council, is set to take place from February 4-8, 2024, as it returns to its residence at d3’s global creative ecosystem by Tecom Group.

Dubai Knowledge Park, part of Tecom Group, has secured the Guinness World Record for the World’s Largest Rubik’s Cube to commemorate its 20-year legacy of enriching the regional knowledge economy with creative thinking and innovation.