TECOM Group Reports 22% Rise in H1 2025 Net Profit to AED 737 Million on Strong Demand and Strategic Expansion
The results, announced today, reflect the company's continued expansion, high occupancy rates, and growing appeal as a hub for global business across Dubai's specialised districts.
Driven by demand in key sectors and supported by last year's strategic acquisitions, TECOM Group recorded a 24% increase in EBITDA to AED 1.1 billion, maintaining a healthy 80% margin. Commercial and industrial occupancy rose to 95%, while land lease occupancy reached 99%, underpinned by the success of government strategies like Operation 300bn and the D33 agenda.
Operational highlights included the regional headquarters opening of PayPal at Dubai Internet City, expansion of global firms such as IMCD, and the launch of key industry initiatives in media, design, and education. TECOM Group also advanced its sustainability agenda, increasing its LEED-certified buildings to 55 and generating 8 GWh in clean solar energy.
An interim dividend of AED 400 million was approved for H1 2025. A new dividend policy for H2, including a proposed 10% increase, is subject to shareholder approval. With this performance, TECOM Group reinforces its position as a key player in Dubai's diversified economic growth and a preferred destination for global investment.
News Source: Dubai Media Office
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