The Tecom group records a strong growth of 22% in net profits to reach 737 million dirhams in the first half of 2025

The Tecom Group, listed in the Dubai Financial Market, which is referred to in the following as “the company” or “the group”, which is the leading body that owns and runs specialized business complexes focusing on vital sectors in Dubai, announced its financial results for the second quarter and the first half of the year ending on June 30, 2025, where it recorded a strong growth in its net profit by 22% on an annual basis to reach 737 million dirhams in The first half of this year, in light of the growth of its revenues in the same period by 21% on an annual basis to 1.4 billion dirhams.

The distinguished performance of the Tikom Group in the first half of the year reflects its leading position as a preferred partner for the major international and regional companies, due to its specialized and leading complexes of businesses and services within six vital sectors, which contributes to consolidating the position of the United Arab Emirates and Dubai as a leading global destination for foreign direct investment.

Commenting on the financial results, Malik Al -Malik, Chairman of the Tecom Group, said: “The UAE and Dubai continue the process of sustainable economic growth, achieving record rates and exceptional achievements in various fields, which was reflected in the performance of the Tecom Group during the first half of the year. The operational, to ensure a sustainable value for the shareholders. Based on the strong financial results, the Board of Directors approved the distribution of phased cash profits of 400 million dirhams for the first half of the year 2025, pursuant to the policy of distributing the profits approved by the group.

For his part, Abdullah Balhal, CEO of Tikom Group, said: “Financial and operational growth comes in the first half of the year 2025, as an affirmation of the success of the Tikom Group’s road map to continue achieving sustainable growth and qualitative achievements, through strategic investments during the last stage and the growth of its customer base. The strong financial performance of the group is a prominent station in the group’s march towards promoting economic development through its business complex Integrated, which contributes to consolidating the position of the UAE and Dubai as a global destination for investment and business. “

The most prominent financial results for the first half of the year 2025

• The group’s revenues increased by 21% on an annual basis to reach 1.4 billion dirhams in the first half of the year 2025, driven by the continuous growth in rental rates and strong occupancy rates within the group’s portfolio that focuses in six vital economic sectors, in addition to revenues from the strategic assets that were acquired last year.

• The group recorded a 24% increase on an annual basis in profits before calculating benefits, taxes, depreciation and consumption, which amounted to 1.1 billion dirhams, in light of maintaining a strong profit margin of 80% before benefits, taxes, destruction and consumption (an increase of 2% on an annual basis), which reflects the sustainable growth of the group’s business.

• The net profits amounted to 737 million dirhams, recording 22% growth on an annual basis and driven by the growth of revenues and the enhancement of operational efficiency and the rational work strategy for capital management.

• Cash flows from operational operations recorded 17% on an annual basis to 984 million dirhams, driven by effective collection and improving revenue quality, reflecting the wise management of the group’s business portfolio.

• The occupancy rates of the group’s commercial and industrial assets reached 95% in the first half of the year 2025, recording a growth of 3% on an annual basis and driven by the ability of the specialized business complexes of the Tecom Group to attract customers from all over the world.

• The occupancy rate in the group rental portfolio of the group reached 99%, recording an annual growth by 3% as a result of the strong demand from customers in the industrial sector and supported by leading government strategies, such as the “300 billion project” and “manufacturer in the Emirates” and Dubai Economic Agency D33. The Dubai Industrial City of Tecom today is recorded strong occupancy rates, which enhances its position as a leading and preferred destination for major international companies in manufacturing and logistical services.

• The Board of Directors approved the distribution of phased cash dividends of 400 million dirhams, for the first half of the year 2025, pursuant to the policy of distributing the profit adopted until September 2025. Provided that a new policy to distribute profits is applied for the second half of the year as it was announced in advance, which includes an expected increase in profit distributions of 10% after the approval of the shareholders at the next General Assembly meeting.

The most prominent financial results for the second quarter of the year 2025

• The growth of strong cash flows contributed to achieving revenues of 709 million dirhams, recording 22% growth on an annual basis and driven to enhance operational efficiency and high occupancy rates and retain customers within the commercial and industrial assets and lands of the group.

• Strong growth in revenue within all business sectors increased profits before calculating benefits, taxes, depreciation and consumption by 24% on an annual basis to reach 568 million dirhams, in light of the high profits margin before interest, taxes, depreciation and consumption to 80%, recording an increase of 2% on an annual basis.

• Net profits increased by 21% on an annual basis to reach 377 million dirhams, driven by the growth of profits before interest, taxes, destruction, consumption and rational management of costs during the period.

The most prominent operational results for the first half of the year 2025

• Paypal opened last April its first regional headquarters in the Middle East and Africa in Dubai Internet, knowing that this is the preferred global destination for the most important and most prominent technology makers from around the world today contributes 65% of the GDP of the Technology Sector in Dubai.

• The company “Pure Ice Cream” started construction work in its factory, which is worth 80 million dirhams last May in Dubai Industrial City, to enhance the pivotal role that this leading industrial destination plays in developing the industrial sector in the UAE.

• Dubai Media City contributed to the launch of the report “A look at the Arab Media – a future vision” issued by the Dubai Press Club, on the sidelines of the activities of the Arab Media Summit held last May.
• The Dubai Design District has celebrated the passage of more than a decade for its contribution to excellence in the design world, by organizing a distinctive event through which he announced the launch of the Dubai Design Prize, a pioneering platform that celebrates the brightest talents in the areas of design in the region.

• IMCD, the leading global company in the manufacture of chemicals and specialized ingredients, initiated in June to expand its business in the region by opening its new headquarters and its leading technical centers in the Dubai Science Complex.

• The Dubai Knowledge and Dubai International Academic City in April reviewed the opportunities available during the Chinese International Education Tour Exhibition, as part of a delegation led by the Knowledge and Human Development Authority in Dubai, and in partnership with the Department of Economy and Tourism in Dubai and Dubai Chambers.

Certificate of compliance with legal controls

In addition to its inclusion in the list of classification of companies compatible with the provisions of Sharia in the Dubai Financial Market, the Tecom Group obtained a certificate of compatibility with Sharia controls and standards from the Sharia review house (the house) for the financial period ending on March 31, 2025. The group appointed the house as a legal advisor and observer to review the business and activities of the company and evaluate its compatibility with the Sharia standards issued by the Accounting and Review Authority for Islamic Financial Institutions (Al -Ayoufi) And ensure the constant compliance with these standards. The certificate is subject to periodic renewal, and it should be noted that this disclosure is for media purposes only and does not constitute an investment recommendation.

The most prominent results related to environmental and social practices and governance for the first half of the year 2025

• The Tecom Group continued to emphasize its commitment to enhance sustainability within all its specialized and leading complexes and succeeded in increasing the number of buildings that have a pioneering certificate in energy and environment designs (LED) to 55 buildings in the first half of the year 2025, recording a growth of 34% compared to the first half of the year 2024.

• The Tecom Group continued to make progress in terms of its orientation towards renewable energy sources, as solar energy projects contributed to the production of 8 GWh of clean energy.

• The Emerging Companies incubator and business pioneers of the Tecom Group issued 86 licenses among its four sectors specialized in the fields of technology, media, design and science, in the first half of the year 2025.

• Women’s cadres represent 35.4% of the workforce in the Tikom Group, in line with the ambitious vision of the United Arab Emirates to enhance gender balance in the private sector.

• In partnership with the Dubai Charitable Society, the Tikom Group launched the third edition of the “Al -Khair Store” initiative, an innovative platform that allows a distinctive virtual donation experience during the holy month of Ramadan and Eid Al -Fitr.