TECOM Group is now home to 5600 companies

TECOM Group, a member of Dubai Holding, said it achieved a strong performance and sustainable growth in 2017.

Reinforcing Dubai’s position as a destination for the regional and global companies to cater the wider Middle East region, TECOM Group highlighted that it attracted over 480 new business partners in 2017, bringing the total number of companies to 5,600.

TECOM’s 11 business parks – Dubai Internet City, Dubai Outsource City, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Knowledge Park, Dubai International Academic City, Dubai Science Park, Dubai Industrial Park, Emirates Towers Business Park and Dubai Design District, employing more than 90,000 people from 162 nationalities.

TECOM Group’s business communities also maintained a high occupancy rate of more than 86 percent. The Group hosted over 900 technology, education, design, media, science and industry events over the past year, boosting the growth of vital economic sectors that drive Dubai’s economic diversification.

It also highlighted its focus on entrepreneurship and SMEs helping local companies pave the way to global expansion.

Abdulla Al Habbai, Chairman of Dubai Holding, said, “Guided by the vision of our wise leadership, Dubai Holding continues to play a pivotal role in furthering Dubai’s and the UAE’s economy.  The Group plays a key role in achieving the economic aspirations of the Emirate by developing vital non-oil sectors including hospitality, tourism, media and design. TECOM Group is at the forefront of national institutions that support Dubai’s efforts to transform into a knowledge-driven economy, and supporting Dubai’s GDP growth.”

TECOM Group also noted its commitment to support Dubai’s strategy of competitiveness and excellence. The Group is focusing on the development of its current and future projects that provide an integrated business environment for global entrepreneurs, strengthening Dubai’s position as a hub for a diversified, sustainable and resilient businesses and investments.

Malek Al Malek, CEO of TECOM Group, said, “Our efforts are in line with Dubai Holding’s strategic direction, which focuses in addressing the market’s growing needs, increase the contribution of non-oil economic sectors to the GDP and establish digital transformation enablers to make Dubai the smartest city in the world.”

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