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Latest news with #ArabMediaOutlook–FutureVision

TECOM Group delivers strong H1 results with AED 737 million profit
TECOM Group delivers strong H1 results with AED 737 million profit

ARN News Center

time01-08-2025

  • Business
  • ARN News Center

TECOM Group delivers strong H1 results with AED 737 million profit

TECOM Group has posted strong financial results for the first half of 2025, reporting a 22 per cent jump in net profit year-on-year to AED 737 million. The Group, which operates 10 specialised business districts across Dubai, also posted a 21 per cent rise in revenue, reaching AED 1.4 billion, driven by higher rental rates, strong occupancy and returns from strategic asset acquisitions. Earnings before interest, tax, depreciation and amortisation (EBITDA|) climbed 24 per cent to AED 1.1 billion, with the Group's EBITDA margin improving to 80 per cent, reflecting continued operational efficiency. Funds from operations also saw a 17 per cent boost, reaching AED 984 million, further highlighting strong portfolio performance and revenue quality. In line with its dividend policy, TECOM's Board has approved an interim cash dividend of AED 400 million for the first half of the year. The results reinforce TECOM Group's position as a key player in Dubai's business landscape, supporting vital sectors and strengthening the UAE's role as a global investment hub. TECOM Group reports robust 22% growth in H1 2025 net profit to AED 737 million, driven by strategic expansion and strong performance across business segments. — Dubai Media Office (@DXBMediaOffice) August 1, 2025 H1 2025 Operational Highlights In April, PayPal opened its first regional headquarters in the Middle East and Africa at Dubai Internet City, the pioneering hub uniting global tech industry leaders and talent which today generates 65% of Dubai's technology sector GDP. In May, Pure Ice Cream commenced construction on its AED 80 million production facility at Dubai Industrial City, cementing its vital contribution towards developing the UAE's industrial sector. Dubai Media City supported the launch of Dubai Press Club's Arab Media Outlook – Future Vision report at Arab Media Summit in May. Dubai Design District (d3) marked more than a decade of enabling design excellence at a special celebratory event, during which the district launched the d3 Awards, a prestigious award platform to celebrate industry talent in the region. IMCD, a global leader in specialty chemicals and ingredients, expanded its Middle East presence with new offices and Technical Centres in Dubai Science Park in June. In April, Dubai Knowledge Park and Dubai International Academic City showcased business opportunities at China International Education Exhibition Tour as part of a delegation led by Dubai's Knowledge and Human Development Authority (KHDA), in partnership with Dubai Department of Economy and Tourism (DET) and Dubai Chambers.

TECOM Group delivers strong H1 results with AED 737 million profit
TECOM Group delivers strong H1 results with AED 737 million profit

Dubai Eye

time01-08-2025

  • Business
  • Dubai Eye

TECOM Group delivers strong H1 results with AED 737 million profit

TECOM Group has posted strong financial results for the first half of 2025, reporting a 22 per cent jump in net profit year-on-year to AED 737 million. The Group, which operates 10 specialised business districts across Dubai, also posted a 21 per cent rise in revenue, reaching AED 1.4 billion, driven by higher rental rates, strong occupancy and returns from strategic asset acquisitions. Earnings before interest, tax, depreciation and amortisation (EBITDA|) climbed 24 per cent to AED 1.1 billion, with the Group's EBITDA margin improving to 80 per cent, reflecting continued operational efficiency. Funds from operations also saw a 17 per cent boost, reaching AED 984 million, further highlighting strong portfolio performance and revenue quality. In line with its dividend policy, TECOM's Board has approved an interim cash dividend of AED 400 million for the first half of the year. The results reinforce TECOM Group's position as a key player in Dubai's business landscape, supporting vital sectors and strengthening the UAE's role as a global investment hub. TECOM Group reports robust 22% growth in H1 2025 net profit to AED 737 million, driven by strategic expansion and strong performance across business segments. — Dubai Media Office (@DXBMediaOffice) August 1, 2025 H1 2025 Operational Highlights In April, PayPal opened its first regional headquarters in the Middle East and Africa at Dubai Internet City, the pioneering hub uniting global tech industry leaders and talent which today generates 65% of Dubai's technology sector GDP. In May, Pure Ice Cream commenced construction on its AED 80 million production facility at Dubai Industrial City, cementing its vital contribution towards developing the UAE's industrial sector. Dubai Media City supported the launch of Dubai Press Club's Arab Media Outlook – Future Vision report at Arab Media Summit in May. Dubai Design District (d3) marked more than a decade of enabling design excellence at a special celebratory event, during which the district launched the d3 Awards, a prestigious award platform to celebrate industry talent in the region. IMCD, a global leader in specialty chemicals and ingredients, expanded its Middle East presence with new offices and Technical Centres in Dubai Science Park in June. In April, Dubai Knowledge Park and Dubai International Academic City showcased business opportunities at China International Education Exhibition Tour as part of a delegation led by Dubai's Knowledge and Human Development Authority (KHDA), in partnership with Dubai Department of Economy and Tourism (DET) and Dubai Chambers.

Dubai Press Club confirms Arab Media Summit 2026 dates
Dubai Press Club confirms Arab Media Summit 2026 dates

Dubai Eye

time14-07-2025

  • Entertainment
  • Dubai Eye

Dubai Press Club confirms Arab Media Summit 2026 dates

The Dubai Press Club has announced that the next Arab Media Summit will take place from March 31 to April 2, 2026, under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. This follows the successful 2025 edition, which wrapped up in May, welcoming over 8,000 participants from 26 countries. It introduced major features, including the launch of the Film and Gaming Forum and the release of the Arab Media Outlook – Future Vision report. Mona Al Marri, Vice Chairperson and Managing Director of the Dubai Media Council and President of the Dubai Press Club, said that preparations for the 2026 edition are well underway, with a focus on shaping the future of Arab media through collaboration with leading regional organisations. The Arab Media Summit has grown into a leading platform for shaping the future of media in the region, featuring key initiatives like the Arab Media Forum, Arab Youth Media Forum, Arab Media Award, Ibda'a Youth Award, and the Arab Social Media Influencers Summit. Maryam Al Mulla, Acting Director of the Dubai Press Club, thanked contributors to the 2025 Summit and added that the 2026 event will continue to empower talent, inspire youth and spotlight technologies driving global media. #ArabMediaSummit 2026 from 31 March to 2 April. — نادي دبي للصحافة (@DubaiPressClub) July 14, 2025

Dubai Press Club confirms Arab Media Summit 2026 dates
Dubai Press Club confirms Arab Media Summit 2026 dates

ARN News Center

time14-07-2025

  • Entertainment
  • ARN News Center

Dubai Press Club confirms Arab Media Summit 2026 dates

The Dubai Press Club has announced that the next Arab Media Summit will take place from March 31 to April 2, 2026, under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. This follows the successful 2025 edition, which wrapped up in May, welcoming over 8,000 participants from 26 countries. It introduced major features, including the launch of the Film and Gaming Forum and the release of the Arab Media Outlook – Future Vision report. Mona Al Marri, Vice Chairperson and Managing Director of the Dubai Media Council and President of the Dubai Press Club, said that preparations for the 2026 edition are well underway, with a focus on shaping the future of Arab media through collaboration with leading regional organisations. The Arab Media Summit has grown into a leading platform for shaping the future of media in the region, featuring key initiatives like the Arab Media Forum, Arab Youth Media Forum, Arab Media Award, Ibda'a Youth Award, and the Arab Social Media Influencers Summit. Maryam Al Mulla, Acting Director of the Dubai Press Club, thanked contributors to the 2025 Summit and added that the 2026 event will continue to empower talent, inspire youth and spotlight technologies driving global media. #ArabMediaSummit 2026 from 31 March to 2 April. — نادي دبي للصحافة (@DubaiPressClub) July 14, 2025

Dubai Press Club confirms Arab Media Summit 2026 dates
Dubai Press Club confirms Arab Media Summit 2026 dates

TAG 91.1

time14-07-2025

  • Entertainment
  • TAG 91.1

Dubai Press Club confirms Arab Media Summit 2026 dates

The Dubai Press Club has announced that the next Arab Media Summit will take place from March 31 to April 2, 2026, under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. This follows the successful 2025 edition, which wrapped up in May, welcoming over 8,000 participants from 26 countries. It introduced major features, including the launch of the Film and Gaming Forum and the release of the Arab Media Outlook – Future Vision report. Mona Al Marri, Vice Chairperson and Managing Director of the Dubai Media Council and President of the Dubai Press Club, said that preparations for the 2026 edition are well underway, with a focus on shaping the future of Arab media through collaboration with leading regional organisations. The Arab Media Summit has grown into a leading platform for shaping the future of media in the region, featuring key initiatives like the Arab Media Forum, Arab Youth Media Forum, Arab Media Award, Ibda'a Youth Award, and the Arab Social Media Influencers Summit. Maryam Al Mulla, Acting Director of the Dubai Press Club, thanked contributors to the 2025 Summit and added that the 2026 event will continue to empower talent, inspire youth and spotlight technologies driving global media. #ArabMediaSummit 2026 from 31 March to 2 April. — نادي دبي للصحافة (@DubaiPressClub) July 14, 2025

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