TECOM Group PJSC (DFM: TECOM), (the “Firm” or the “Group”), the main developer and operator of specialized enterprise districts throughout Dubai, introduced its monetary outcomes for the second quarter (Q2) and first half (H1) of the 12 months ending 30 June 2025. The Group reported sturdy internet revenue development of twenty-two% year-on-year (YoY) to AED 737 million in the course of the first half of this 12 months, with income rising 21% YoY to AED 1.4 billion in the course of the interval.
The robust H1 efficiency reaffirms TECOM Group’s function as a companion of alternative for worldwide and regional firms throughout the six important sectors served by its 10 specialised enterprise districts, consolidating the UAE’s and Dubai’s function as a globally main hub for international direct funding.
Malek Al Malek, Chairman of TECOM Group, mentioned: “The UAE and Dubai are persevering with their journey of sustainable improvement, attaining report development and distinctive accomplishments throughout all financial sectors. Their success is positively mirrored in TECOM Group’s H1 2025 efficiency, demonstrating our basic strengths and agility in addressing rising demand from the industrial and industrial market, whereas specializing in operational effectivity to create long-term worth for our shareholders. The Board has accepted an interim money dividend of AED 400 million for H1 2025, aligned with our Dividend Coverage.”
Abdulla Belhoul, Chief Government Officer of TECOM Group, mentioned: “Our monetary and operational development in H1 2025 displays the success of TECOM Group’s roadmap for long-term development by means of our current strategic investments and attracting new prospects. The Group’s sturdy efficiency is a step ahead in our journey to allow a sustainable future by means of our ecosystems, solidifying the UAE’s and Dubai’s attraction as a worldwide vacation spot for funding and the benefit of doing enterprise.”
H1 2025 Monetary Highlights
Supported by sustained development in occupancy ranges and rental charges throughout the Group’s portfolio inside six important financial sectors, in addition to revenue generated from strategic asset acquisitions final 12 months, income elevated 21% YoY to AED 1.4 billion in H1 2025.
TECOM Group famous a YoY 24% improve in EBITDA, which reached AED 1.1 billion, sustaining wholesome EBITDA margins at 80% (+2% YoY) and reflecting sustainable enterprise development.
Internet revenue reached AED 737 million, representing YoY development of twenty-two%, pushed by income development, operational optimisation, and environment friendly capital administration.
Reflecting efficient administration of the Group’s portfolio, funds from operations (FFO) elevated by 17% YoY to achieve AED 984 million, supported by constant collections and improved income high quality.
Underpinned by the attraction of TECOM Group’s enterprise districts to worldwide prospects, occupancy throughout the Industrial and Industrial portfolio reached 95% in H1 2025, representing YoY development of three%.
Occupancy within the Group’s Land Lease portfolio reached 99%, marking YoY development of three% led by robust buyer demand from the economic sector, accelerated by authorities methods similar to Operation 300bn, Make it within the Emirates, and Dubai Financial Agenda ‘D33’. Dubai Industrial Metropolis, a part of TECOM Group, is presently reporting robust occupancy charges, cementing its place because the area’s main manufacturing and logistics hub.
The Board of Administrators accepted an interim dividend fee of AED 400 million for H1 2025, consistent with the accepted Dividend Coverage legitimate till September 2025. A brand new Dividend Coverage shall be utilized for H2 2025 as beforehand introduced, which incorporates an anticipated 10% improve in dividends topic to shareholders’ approval on the upcoming Annual Normal Meeting Assembly.
Q2 Monetary Highlights
Wholesome money circulation development pushed by operational efficiencies in addition to excessive occupancy and retention charges throughout the Industrial, Industrial, and Land Lease portfolio contributed to income of AED 709 million, representing 22% YoY development.
Sturdy income contributions throughout all enterprise segments resulted in a 24% YoY improve in EBITDA to AED 568 million, whereas EBITDA margin grew to 80%, a rise of two% YoY.
Internet revenue elevated by 21% YoY to AED 377 million, pushed by EBITDA development and prudent price administration within the second quarter of 2025.
H1 2025 Operational Highlights
In April, PayPal opened its first regional headquarters within the Center East and Africa at Dubai Web Metropolis, the pioneering hub uniting international tech business leaders and expertise which right now generates 65% of Dubai’s know-how sector GDP.
In Might, Pure Ice Cream commenced building on its AED 80 million manufacturing facility at Dubai Industrial Metropolis, cementing its important contribution in direction of growing the UAE’s industrial sector.
Dubai Media Metropolis supported the launch of Dubai Press Membership’s Arab Media Outlook – Future Imaginative and prescient report at Arab Media Summit in Might.
Dubai Design District (d3) marked greater than a decade of enabling design excellence at a particular celebratory occasion, throughout which the district launched the d3 Awards, a prestigious award platform to rejoice business expertise within the area.
IMCD, a worldwide chief in specialty chemical substances and elements, expanded its Center East presence with new places of work and Technical Centres in Dubai Science Park in June.
In April, Dubai Data Park and Dubai Worldwide Educational Metropolis showcased enterprise alternatives at China Worldwide Training Exhibition Tour as a part of a delegation led by Dubai’s Data and Human Improvement Authority (KHDA), in partnership with Dubai Division of Financial system and Tourism (DET) and Dubai Chambers.
Shari’a Compliance certification
Along with being on the Shari’a Classification Checklist on Dubai Monetary Market, TECOM Group has been awarded Shariah compliance certification by the Shariyah Assessment Bureau (SRB) for the fiscal interval ending 31 March 2025. The Group has appointed SRB because the Sharia Monetary Evaluator and Documentation Reviewer to make sure compliance with Shari’a Requirements issued by Accounting and Auditing Group for Islamic Monetary Establishments (AAOIFI) on periodic foundation and to evaluate ongoing compliance with these requirements. Sharia Certification is topic to periodic renewal. This disclosure is for informational functions solely and doesn’t represent an funding suggestion.
H1 2025 ESG Highlights
TECOM Group continued its dedication to nurturing sustainability throughout its ecosystems and raised the variety of its LEED-certified buildings to 55 throughout H1 2025, marking 34% development in comparison with H1 2024.
The Group made regular progress in direction of renewable power adoption, with its solar energy initiatives contributing 8 gigawatt hours (GWh) of unpolluted power.
in5, TECOM Group’s start-up incubator, issued 86 licenses throughout its 4 verticals devoted to the know-how, media, design, and science sectors in H1 2025.
Aligned with the UAE’s imaginative and prescient to strengthen gender steadiness within the non-public sector, 35.4% of the Group’s workforce is comprised of girls.
In partnership with the Dubai Charity Affiliation, TECOM Group launched the third version of The Good Retailer, an revolutionary platform designed to facilitate seamless charitable contributions throughout Ramadan and Eid al-Fitr.