Tecom Group Reports 22% Rise In Profit For H1 2025

Photo: Dubai Government Media Office 

Tecom Group PJSC, a key player in developing and managing business areas across Dubai, has announced excellent financial results for the first six months of the year ending 30 June 2025. The company has seen impressive growth, with profits going up by 22% compared to the same time last year. In simple terms, Tecom earned AED 737 million in net profit, showing its strong position and smart strategies in the business world.

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What Is Tecom Group?

Tecom Group is a large company that builds and manages business districts in Dubai. These are special areas where offices, factories, and other businesses work together. Tecom supports six important areas of the economy, including technology, education, media, science, manufacturing, and design. It operates 10 business districts, such as Dubai Internet City, Dubai Media City, and Dubai Design District.

How Much Did Tecom Earn?

In the first half of 2025 (January to June), Tecom made AED 1.4 billion in revenue. This means all the money that came into the company from its business. This was a 21% increase from the AED 1.148 billion they earned in the same period last year.

Tecom’s profit (money left after all costs) also rose by 22%, reaching AED 737 million, up from AED 603 million in the first half of 2024.

These numbers show that Tecom is doing really well and growing fast.

Growth In Second Quarter (April–June) 2025

Even in the second quarter of 2025, Tecom continued to perform strongly. They made AED 709 million in revenue, which is 22% more than the AED 584 million earned during the same months in 2024.

The profit for Q2 2025 was AED 377 million, showing a 21% increase compared to Q2 of 2024.

The company’s EBITDA (which means earnings before paying taxes and interest) also increased by 24% both for the first half and for Q2. It reached AED 1.1 billion in H1 2025 and AED 568 million in Q2 2025.

This shows that the company is running efficiently and is earning more without spending too much.

Why Did Tecom Do So Well?

Several reasons helped Tecom perform well:

• High occupancy rates: 95% of Tecom’s commercial and industrial spaces were rented out in H1 2025, up from 92% last year.

• Land lease occupancy: This went up to 99% from 96%, showing that almost all the land Tecom offers is being used.

• Increased number of customers: The company now serves more than 12,200 customers, which is a 5% increase from last year.

• Higher rental rates: The rent charged by Tecom has gone up, adding to the revenue.

• Strategic asset acquisitions: Last year, the company invested in new assets which are now generating income.

Chairman And CEO Share Their Views

Malek Al Malek, Chairman of Tecom Group, said that Dubai and the UAE are seeing great progress in their economy. This growth is helping Tecom as well. He explained that the company is meeting the rising demand for office and industrial spaces. The Board also approved a dividend payment of AED 400 million for H1 2025, meaning shareholders will receive a part of the profit.

Abdulla Belhoul, CEO of Tecom Group, added that the company’s success shows that their long-term plans are working. He said they are focusing on bringing new customers and building a better future with their business areas.

Tecom’s Successful Projects In 2025

Tecom Group achieved several milestones in the first half of the year:

• PayPal, a global online payment company, opened its first Middle East and Africa office at Dubai Internet City in April.

• Pure Ice Cream began building its AED 80 million production center in Dubai Industrial City in May, supporting the food industry.

• Dubai Media City helped launch the Arab Media Outlook – Future Vision report at the Arab Media Summit.

• Dubai Design District (d3) celebrated 10 years of success and launched the d3 Awards to honor creative talent.

• IMCD, a leading company in chemicals and ingredients, opened new offices and labs in Dubai Science Park in June.

• Dubai Knowledge Park and Dubai International Academic City joined a major education event in China, promoting education opportunities in Dubai.

Support For Shari’a Compliance

Tecom Group has been awarded a Shari’a compliance certificate for the financial period ending March 2025. This means its operations meet Islamic finance rules. The certification was given by the Shariyah Review Bureau (SRB). The company will continue to follow these rules and undergo regular checks to maintain its status.

Focus On Sustainability And Women Empowerment

Tecom Group is also working hard to be environmentally friendly and support the community:

• 55 buildings in its portfolio are now LEED-certified, which means they meet high standards of energy and environmental design. This is 34% more than last year.

• The company produced 8 gigawatt hours (GWh) of clean energy from solar power projects.

• Its start-up incubator, in5, issued 86 new licenses to businesses in media, tech, design, and science.

• 35.4% of the workforce at Tecom are women, showing strong gender balance efforts.

• Tecom also launched the third edition of "The Good Store" with the Dubai Charity Association, allowing people to give to charity during Ramadan and Eid.

What’s Next For Tecom Group?

Tecom Group has promised to continue paying dividends to shareholders. The current Dividend Policy is valid until September 2025. After that, a new Dividend Policy will start, with an expected 10% increase in dividends, but this will need approval from shareholders during the next meeting.

Tecom Group’s achievements in the first half of 2025 show that the company is strong, steady, and growing in the right direction. With smart investments, high customer satisfaction, and efficient management, Tecom is helping Dubai become a top global business hub.

Their commitment to sustainability, women’s participation, and community service makes them not just a successful business, but also a responsible one. Whether it’s creating new offices for global tech leaders or supporting local industries, Tecom is playing a big part in shaping Dubai’s economic future.

This news shows how planning, teamwork, and smart decisions can lead to success.

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