Tecom Group has reported a robust 22% year-on-year profit growth for H1-2025, reaching Dh737 million, backed by strong performance across its portfolio of business hubs. Revenue also climbed over 20% to Dh1.4 billion, driven by 95% average occupancy across its properties and 99% occupancy in its land lease portfolio.
In line with this performance, the board has approved an interim cash dividend of Dh400 million for the first half of 2025. A revised dividend policy will take effect in H2-2025, with an expected 10% increase, pending shareholder approval at the upcoming general assembly.
> “Our H1 growth reflects the success of Tecom’s long-term roadmap and strategic investments,” said Abdulla Belhoul, CEO of Tecom Group.
Tecom, which operates key districts such as Dubai Internet City, Dubai Media City, Dubai Design District, and Dubai Industrial City, continues to attract high-profile tenants. The industrial sector remains a key growth driver, with Dubai Industrial City reinforcing its position as a leading manufacturing and logistics hub.
Recent expansions include the acquisition of Office Block at Dubai Internet City and breaking ground on Phase 2 of specialized tech offices. In April, PayPal opened its regional headquarters in the same district, further boosting Tecom’s tech ecosystem presence.