Dubai Holding, a diversified global investment company with investments in more than 30 countries, announced the 15 bold scale-ups selected for its global impact accelerator, Innovate For Tomorrow.
Tecom Group, the creator of specialised business districts and vibrant communities, has delivered solid results for Q1, recording a net profit of AED755 million ($201 million), up 11% over last year driven by strong demand across its specialised business districts as well as commercial and industrial portfolios.
Tecom Group, a key developer of strategic business districts in Dubai, has announced that its board has won approval to distribute aggregate cash dividends worth AED880 million ($229 million) to its shareholders for FY2025. It will be paid in two equal instalments (this August and April next year) as per the updated dividend policy.
TECOM Group, the creator of specialised business districts and vibrant communities, reported record revenues of AED2.9 billion ($789.65 million) for 2025, representing year-on-year (YoY) growth of 19%, alongside a 20% YoY increase in recurring net profit to AED1.5 billion ($408.44 million).
TECOM Group, the creator of specialised business districts and vibrant communities, has acquired an integrated university campus comprising multiple buildings and spanning more than 300,000 sq ft in Dubai International Academic City, recognising strong demand for the higher education sector.
