It also maintained a high occupancy rate of more than 86 percent across its sites.
A member of Dubai Holding, TECOM Group fascinated nearly 500 organizations during 2017 across its 11 business parks in the emirate
TECOM Group, which encircles Dubai Internet City, Dubai Outsource City, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Knowledge Park, Dubai Science Park, Dubai Industrial Park, Emirates Towers Business Park and Dubai Design District, it now owns a total of 5,600 companies, with employment of more than 90,000 people from 162 nationalities.
It also maintained a high occupancy rate of more than 86 percent across its sites.
The chairman of Dubai Holding, Abdulla Al Habbai, said, “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.”
CEO of TECOM Group, Malek Al Malek added, “TECOM Group continues its strong year-on-year performance... 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.
"Our efforts have significantly strengthened Dubai's position as a global economic hub. We will continue to promote the emirate as a key destination for business and innovation.”
TECOM will complete several development projects in 2018, which includes the regional HQ of tech giant Huawei in Dubai Internet City.
This year development work at the Innovation Hub phase 1 in Dubai Internet City will also complete and its aim is to accelerate the transformation of Dubai into a smart city while works on the headquarters of Dubai Science Park have entered their final stages.
