Tecom Group PJSC (TECOM)

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News

3 November 2025 03:00 AM Tecom Group posts 18% higher profits in 9M-25

Dubai – Mubasher: Tecom Group recorded net profits amounting to AED 1.11 billion in the first nine months (9M) of 2025, up 18% from AED 942.67 million in 9M-24.Revenues hiked by 20% year-on-year (YoY) to AED 2.11 billion as of 30 September 2025 from

Sector Reports

3 August 2025 03:00 AM Tecom Group records AED 737.5m profits in H1-25; dividends unveiled

Dubai – Mubasher: The net profits of Tecom Group jumped by 22% year-on-year (YoY) to AED 737.42 million in the first half (H1) of 2025 from AED 603.04 million.The UAE-based group posted an annual rise of 21% in revenue to AED 1.38 billion as of 30 Ju

Sector Reports

4 May 2025 03:00 AM Tecom Group’s profits rise 23% in Q1-25

Dubai – Mubasher: Tecom Group reported net profits valued at AED 360.86 million in the first quarter (Q1) of 2025, an annual rise of 23% from AED 292.52 million. Revenues increased by 21% year-on-year (YoY) to AED 679.73 million in the first three mo

Sector Reports

11 March 2025 04:45 PM Tecom Group’s AGM approves AED 400m cash dividend for H2-24

Dubai – Mubasher: The annual general assembly meeting (AGM) of Tecom Group approved the board’s recommendation to distribute a cash dividend of AED 400 million or 8 fils per share for the second half (H2) of 2024. This brings the full-year cash …

General Assembly

6 February 2025 03:00 AM Tecom Group’s profits exceed AED 1.2bn in 2024; dividends for H2-24 proposed

Dubai – Mubasher: Tecom Group witnessed 14% year-on-year (YoY) higher net profits at AED 1.22 billion in 2024, compared to AED 1.07 billion, according to the financial results.Revenues soared by 11% to AED 2.40 billion at the end of December 2024 fro

Sector Reports

3 November 2024 00:37 PM Tecom Group sees 23% higher profits in 9M-24

Dubai – Mubasher: Tecom Group logged net profits amounting to AED 942.67 million in the first nine months (9M) of 2024, higher by 23% than AED 767.54 million in 9M-23. The revenues stood at AED 1.75 billion as of 30 September 2024, up 10% …

Financial Results

21 October 2024 01:58 PM Tecom Group concludes acquisition of Office Park

Dubai – Mubasher: Tecom Investments FZ LLC, a subsidiary of Tecom Group, has completed the acquisition of Office Park from Emirates REIT at a value of AED 720 million, according to a press release. Following the transaction, the UAE-based group …

Companies Investments

2 October 2024 09:44 AM Tecom Group unveils AED 720m acquisition deal

Dubai – Mubasher: Tecom Group has signed a binding memorandum of understanding (MoU), on 30 September 2024, to acquire a multi-let commercial asset in Dubai Internet City for AED 720 million. The agreement was signed between Tecom Investments FZ …

Mergers and Acquisitions

22 August 2024 10:08 AM Tecom Group’s acquisition deals, investments exceed AED 2bn

Dubai – Mubasher: Tecom Group completed the acquisition of new commercial and industrial assets as part of an AED 1.70 billion strategic plan that was announced in May 2024, according to a press release. This aligns with the group’s announcement …

Mergers and Acquisitions

4 August 2024 01:28 PM Tecom Group unveils AED 603m profits in H1-24, dividends

Dubai – Mubasher: Tecom Group achieved net profits worth AED 603.04 million in the first half (H1) of 2024, an annual increase of 24% from AED 484.59 million. The revenues increased by 9% year-on-year (YoY) to AED 1.14 billion in H1-24 from AED …

Financial Results

28 May 2024 03:57 PM Dubai Industrial City boosts regional presence via AED 410m land capacity expansion

Dubai – Mubasher: Dubai Industrial City, part of Tecom Group, has officially launched 13.90 million sq.ft of additional land capacity within its ecosystem, according to a press release. The additional land capacity was acquired through a AED 410 …

Real estate

16 May 2024 01:16 PM Tecom Group unveils AED 1.7bn investments in strategic projects

Dubai – Mubasher: The board of Tecom Group has approved a strategic acquisition and development plan valued at AED 1.70 billion, according to a press release. Under the expansion plan, the UAE-based group will invest AED 966 million to acquire …

Companies Investments

5 May 2024 00:31 PM Tecom Group registers 15% YoY higher profit in Q1-24

Dubai – Mubasher: Tecom Group posted a 15% year-on-year (YoY) jump in net profit to AED 293 million in the first quarter (Q1) of 2024 from AED 255 million. Revenues increased by 10% YoY to AED 564 million in Q1-24 from AED 514 million, according …

Financial Results

5 March 2024 00:09 PM Tecom Group’s shareholders approve AED 400m dividends for H2-23

Dubai – Mubasher: The shareholders of Tecom Group agreed to distribute a cash dividend of AED 400 million, equivalent to 8 fils per ordinary share, for the second half (H2) of 2023. The annual general assembly meeting greenlighted the dividends …

Cash Dividends

31 January 2024 11:05 AM Tecom Group’s profits exceed AED 1bn in 2023; dividends unveiled

Dubai – Mubasher: Tecom Group recorded higher net profits at AED 1.07 billion in 2023, marking a 49% increase from AED 725.61 million in 2022. Revenues grew by 10% year-on-year (YoY) to AED 2.16 billion in 2023 from AED 1.97 billion, according to …

Financial Results

1 November 2023 01:59 PM Tecom Group posts 20% higher profits in 9M-23

Dubai – Mubasher: Tecom Group logged net profits valued at AED 767.54 million in the first nine months (9M) of 2023, an annual surge of 20% from AED 639.06 million. Revenues stood at AED 1.58 billion during January-September 2023, up 7% …

Financial Results

3 August 2023 03:40 PM Tecom Group records surge in H1-23 profits; dividends unveiled

Dubai – Mubasher: Tecom Group generated AED 484.50 million in net profit during the first half (H1) of 2023. The recorded net profits were higher by 13% year-on-year (YoY) than AED 427.53 million, according to the income statements. Revenues hit …

Financial Results