Dubai, UAE – Tecom Group, a prominent Dubai-based entity, has reported robust performance across its diverse asset portfolio, driven by strong market demand and supportive government initiatives.The group’s commercial and industrial sectors achieved an notable 95% occupancy rate, while its land rental portfolio reached a near-perfect 99% occupancy.
This success is attributed to several key factors, including the sustained demand for commercial and industrial spaces within Dubai, further bolstered by significant government programs. These include the “AED 300 Billion Dubai Economic Agenda” (D33),the “Made in Emirates” initiative,and broader economic growth strategies aimed at enhancing the emirate’s global competitiveness.
In terms of operational milestones,the period saw significant activity. PayPal established its regional headquarters in Dubai Internet City, a move that underscores Dubai’s growing importance as a hub for global technology companies. Additionally, Pure Ice cream commenced construction of a new AED 80 million factory in Dubai Industrial City, signaling expansion and investment within the manufacturing sector. The Dubai Design District (d3) marked over a decade of operation and introduced its inaugural design award, highlighting its commitment to fostering creativity and innovation.
Tecom Group also reported positive strides in its workforce composition, with women representing 35.4% of its employees. Demonstrating a commitment to ethical and clear operations, the group secured a consensus certificate from a Sharia review house for the period ending March 2025, affirming its adherence to the highest standards of clarity and financial compatibility.
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