TECOM Group Reports Strong H1 2025 Financial Performance with 22% Net Profit Growth
Dubai, 1st August, 2025 — TECOM Group has announced a robust financial performance for the first half (H1) of 2025, posting a 22% year-on-year (YoY) increase in net profit to AED 737 million. The company also recorded a 21% YoY rise in revenues, reaching AED 1.4 billion for the period ending 30th June 2025.
The Group highlighted a 24% growth in EBITDA to AED 1.1 billion, upholding strong **EBITDA margins at 80%**—an indication of sustainable business expansion. Funds from operations (FFO) also climbed by 17% YoY, totaling AED 984 million, backed by consistent collections and improved revenue quality.
Reflecting confidence in sustained growth, the Board of Directors approved an interim dividend payment of AED 400 million for H1 2025, in accordance with the Group’s Dividend Policy effective until September 2025.
The results “reflect the Group’s resilience and its ability to keep pace with the economic growth witnessed in the UAE,” said Malek Al Malek, Chairman of TECOM Group. He added that TECOM continues to enhance operational efficiency and deliver sustainable value to shareholders.
Abdulla Belhoul, Chief Executive Officer of TECOM Group, stated: “Our financial and operational growth in H1 2025 reflects the success of TECOM Group’s roadmap for long-term growth through our recent strategic investments and attracting new customers. The Group’s robust performance is a step forward in our journey to enable a sustainable future through our ecosystems, solidifying the UAE’s and Dubai’s appeal as a global destination for investment and the ease of doing business.”
Operational Highlights and Key Achievements
Demand for TECOM Group’s Land Lease portfolio remained elevated, with occupancy rates reaching 99%, marking a 3% YoY increase—largely driven by momentum in the industrial sector and the UAE’s industrial strategies, including Operation 300bn, Make it in the Emirates, and the Dubai Economic Agenda ‘D33’.
The period saw major milestones, such as PayPal establishing its first regional headquarters for the Middle East and Africa at Dubai Internet City, the emirate’s premier technological hub responsible for generating 65% of Dubai’s technology sector GDP. Additionally, Pure Ice Cream began construction of an AED 80 million production facility at Dubai Industrial City, bolstering the nation’s manufacturing landscape.
Commitment to sustainability continued with the number of LEED-certified buildings rising to 55, representing a 34% increase compared to H1 2024. The Group’s solar power projects delivered 8 gigawatt hours (GWh) of clean energy in the first half of the year.
In line with the UAE’s vision to advance gender balance in the private sector, women now comprise 35.4% of TECOM Group’s workforce.
For the fiscal period ending 31st March 2025, the Group also achieved Shariah compliance certification from the Shariyah Review Bureau (SRB).
Team V.4-EM-UAE
