TECOM Group Reports Strong First Half of 2025, Net Profit Surges 22%

TECOM Group, a leading operator of specialised business districts in Dubai, has reported a robust financial performance for the first half (H1) and second quarter (Q2) of 2025, driven by strong demand and strategic investments.

For the six-month period ending June 30, TECOM Group posted a 22% year-on-year (YoY) rise in net profit, reaching AED 737 million, while revenue climbed 21% YoY to AED 1.4 billion. The results underline the Group’s role as a preferred partner for global and regional businesses across its 10 sector-focused business districts.

The Group’s performance reflects broader economic momentum in Dubai and the UAE, which continue to attract strong foreign direct investment across sectors such as technology, media, education, manufacturing, life sciences, and design.

“The UAE and Dubai are on a path of sustainable development and record-breaking achievements across all economic sectors,” said Malek Al Malek, Chairman of TECOM Group. “Our H1 2025 performance is a testament to our strong fundamentals and ability to adapt to market demand. We remain focused on operational efficiency and long-term value creation for shareholders.”

In line with its commitment to shareholder returns, TECOM Group’s board has approved an interim cash dividend of AED 400 million for H1 2025, consistent with the Group’s Dividend Policy.

Chief Executive Officer Abdulla Belhoul highlighted the success of TECOM’s long-term strategy. “Our financial and operational growth reflects the effective execution of our roadmap, supported by strategic investments and a growing customer base. This performance advances our vision of enabling a sustainable future through thriving business ecosystems,” he said.

Belhoul also reiterated TECOM Group’s commitment to bolstering Dubai’s global competitiveness and supporting the emirate’s business-friendly environment.

TECOM’s diversified business districts support over 10,000 companies, from multinational corporations to SMEs and startups. The Group has been instrumental in fostering innovation and business growth through sector-specific infrastructure and tailored services.

The strong first-half results come amid a broader trend of economic resilience in Dubai, with key sectors continuing to show momentum and investor confidence. TECOM Group’s performance is expected to further enhance Dubai’s positioning as a leading global hub for innovation, enterprise, and investment.