#Tecom Group

TECOM Group’s in5 startups post 25% funding growth in 2023

Funding for startups at TECOM Group’s in5 surges by 25% in 2023

in5 has incubated about 900 startups since its inception, and its tech-focused vertical is currently home to 270 active startups

TECOM Group announces Q3 2023 results Image Tecom

TECOM Group announces Q3 ’23 results, reports 34% rise in net profit

The group’s Q3 earnings before interest, taxes, depreciation and amortisation rose by 13 per cent YoY to Dhs410m

TECOM’s in5 reports 20% growth in funding for startups

Expand North Star 2023: Funding for startups at TECOM Group’s in5 surges by 20%

The innovation and entrepreneurship platform said 120 new ventures joined its ecosystem in the first nine months of 2023

New mangrove escape room experience by Tecom to debut in Dubai

Dubai Media City: Immersive mangrove-themed escape room to debut on Oct 12

The Immersive escape room developed by Environment Agency – Abu Dhabi and Emirates Nature-WWF in partnership with the TECOM will tour the UAE

Dubai universities

Dubai universities roll out programmes in AI, drones, genetics, gaming

Dubai International Academic City and Dubai Knowledge Park aim to equip students with future-proof skills during the 2023-24 academic year

Tecom Group

Tecom Group’s H1 2023 net profit up 13% to Dhs485m

The H1 2023 revenue topped Dhs1bn, up 6 per cent YoY, driven by 87 per cent occupancy rate attributable to high retention rate and adding more than 1,500 new customers

TECOM Group's Dubai Internet City

TECOM Group secures $2.1bn refinancing deal for existing facility

The unsecured loan facility is expected to have a positive impact on the company’s cash flow profile while providing funds to execute growth strategy

Tecom Group Q1 Dubai-Media-City_web

TECOM Group’s Q1 2023 net profit rises 34% to Dhs255m

The group’s Q1 revenue touched Dhs514m, a 6 per cent year-on-year increase on the back of sustained occupancy levels and high retention rates

Dubai's Tecom Group approves Dhs200m cash dividend for H2 2022

Dubai’s Tecom Group approves Dhs200m cash dividend for H2 2022

The group’s shareholders approved the board’s recommendation to distribute the dividend in April 2023

TECOM Group - Dubai Internet City

Tecom Group records 28% rise in net profit to Dhs725.6m in 2022

The revenue for 2022 rose by 12 per cent YoY to Dhs1.97bn due to a significant increase in new customers and the delivery of new built-to-suit projects

Tecom Group

Power Letters 2023: Abdulla Belhoul, chief executive officer, Tecom Group

As many parts of the world look to accommodate new work environments, Tecom Group remains committed to providing companies with modern and flexible spaces to engage


Dubai Internet City to house additional tech players with new $120m investment

Innovation Hub Phase 1 is approaching full capacity, housing tech players such as Google, Hewlett-Packard and Gartner

TECOM Group Dubai-Internet-City-7

Tecom group’s net profit for first nine months rises by 51% to Dhs639m

Occupancy levels for its commercial and industrial assets were 83.5 per cent, registering the third sequential growth and a significant increase from the previous year

Dubai Internet City-Intel: Ammar Al Malik, Executive Vice President, TECOM Group and Taha Khalifa, Country Manager GCC, CCG Director EMEA, Intel

Gitex Global 2022: Dubai Internet City to host Intel’s first AI software R&D centre in the GCC

Intel will also relocate AI experts from various global offices to bring international tech talent and skills into the community

Tecom Group commences trading on the Dubai financial market

Tecom Group commences trading on Dubai Financial Market

A total of 625,000,000 shares, equivalent to 12.5 per cent of Tecom Group’s issued share capital, were issued

TECOM Group Closes IPO, raises 1.7bn dirhams

Dubai’s TECOM Group completes IPO, raises Dhs1.7bn

The global offering drew substantial demand from both the qualified institutional offer and UAE retail offer, with total gross demand reaching Dhs35.4bn

Dubai-Internet-City Tecom Group

Dubai’s Tecom Group sets IPO price range at Dhs2.46-2.67

The final offer price is expected to be announced on June 27, 2022

Dubai-Internet-City Tecom Group

Tecom Group to list 12.5% of shares on Dubai Financial Market

The company expects to pay a dividend amount of Dhs800m per annum over the next three years

D/Quarters launched by TECOM

Tecom’s D/Quarters introduces next-gen workspace solutions to Dubai

As a collaborative community, D/Quarters will accommodate freelancers, entrepreneurs, SMEs and multinational corporations

Dubai’s Tecom courts investors after lining up banks for IPO

A listing could come as soon as the middle of this year

Dubai-Internet-City Tecom Group

Tecom Group to list on Dubai Financial Market

Tecom’s business communities include Dubai Internet City, Dubai Media City, Dubai Design District and Dubai Industrial Park