Tecom Group

For One of Dubai's Largest Landlords, the July-To-September Period Is the "Strongest" Quarter. Tecom Group, based in Dubai, saw net profits increase by a sizable 51 percent in the nine months that ended in September, totaling Dh639 million. This increase was primarily the result of "sustained increases in occupancy rates." Tecom, one of Dubai's largest free zone operators and a company listed on DFM,...

Dubai's Business Hub Developer Intends To Pay Out Dh800 Million Each Year Until 2025. Tecom Group plans to distribute Dh200 million (4 fills per share) as an interim dividend for the first half of 2022. During this time, the Dubai business hub developer achieved a strong set of results. According to a statement from Tecom, the suggested Dh200 million payout is in line. With the announced earlier...