"General Tecom" It approves the distribution of 840 million dirhams in cash dividends for 2025
Dubai, March 11, 2025 – The General Assembly of TECOM Group, listed on the Dubai Financial Market under the symbol TECOM, approved during its annual meeting in Dubai Internet City the financial statements for the year ending December 31, 2025. It also approved the Board of Directors’ proposal to distribute cash dividends worth 440 million dirhams for the second half of 2025, bringing the total cash dividends distributed for the same year to 840 million dirhams.
Shareholders also approved the amended dividend policy for the fiscal year 2026, which proposes distributing a total cash dividend of 880 million dirhams in two equal payments of 440 million dirhams in August 2026 and March 2027.
Malek Al Malek, Chairman of the Board of Directors of TECOM Group, said that the exceptional financial results achieved by the group in 2025 reflect the efficiency and flexibility of its business model and its success in implementing the expansion strategy and achieving sustainable growth, which enhances its ability to provide sustainable returns to investors. He stressed that the shareholders’ approval to increase dividends by 10 percent in the second half of 2025 and the approval of the new dividend policy for 2026 embody the group’s commitment to providing attractive returns to shareholders and continuing its role in supporting the main economic sectors in Dubai. The UAE is consolidating its position as a preferred destination for companies specialized in future industries.
The shareholders also approved the group’s corporate social responsibility policy and charitable contributions within the framework of strengthening its commitment to sustainability practices and community development.
In 2025, the group recorded record revenues of 2.9 billion dirhams, an increase of 19 percent year-on-year, while earnings before interest, taxes, depreciation and amortization amounted to 2.2 billion dirhams, a growth of 20 percent, and a profit margin of 78 percent. Net recurring profit rose to 1.5 billion dirhams, a growth of 20 percent, while cash flows from operations reached 2 billion dirhams, an increase of 19 percent.
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