Borsat Al Khaleej Live Support
12/03/2026 05:36 AST
Tecom Group has announced that its shareholders have approved the financial statements for the year ended December 31, 2025 and endorsed the Board of Directors' recommendation to distribute a cash dividend of AED440 million for the second half of 2025.
This brings the total cash dividends for 2025 to AED840 million, marking a new level of dividend distribution for the Group and reflecting its fourth consecutive year of strong growth and outstanding performance.
The announcement came during the shareholders' Annual General Assembly Meeting at Dubai Internet City.
Shareholders also approved the updated dividend policy for the financial year 2026, which suggests an aggregate cash dividend of AED880 million, to be paid in two equal instalments of AED440 million, with payments anticipated in August 2026 and March 2027.
Malek Al Malek, Chairman of Tecom Group, said: "The shareholders' approval of a 10 percent increase in the H2 2025 dividend and the endorsement of the new dividend policy for 2026 underscore our commitment to providing attractive and sustainable yield, as we continue to support the UAE's and Dubai's key economic sectors and reinforce the Group's position as a preferred destination for leading companies in future-focused industries."
Shareholders also approved Tecom Group's Corporate Social Responsibility (CSR) and Charitable Contributions Policy, which aims to further solidify the Group's commitment to sustainability.
This policy, positioned under the overarching ESG framework, provides a strategic and governance framework for all social responsibility and community development initiatives.
Tecom Group delivered strong financial results in 2025, recording record revenues of AED2.9 billion, marking a 19% year-on-year (YoY) increase driven by strategic portfolio expansion and robust performance across all business segments.
Its ebitda reached AED2.2 billion, representing a 20% YoY growth with a strong 78% margin, while recurring net profit increased by 20% YoY to AED1.5 billion, supported by effective cost and capital management. Funds from Operations (FFO) grew 19% to AED2 billion.
Trade Arabia
30/04/2026
Tecom Group, the creator of specialised business districts and vibrant communities, has delivered solid results for the first quarter of 2026, recording a net profit of AED755 million ($201 million),
Trade Arabia
22/01/2026
TECOM Group, the creator of specialised business districts and vibrant communities, has acquired an integrated university campus comprising multiple buildings and spanning more than 300,000 sq ft in
Trade Arabia
19/12/2025
Tecom Group PJSC, the creator of specialised business districts and communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address rising demand for Grade-A office spa
Khaleej Times
| Ticker | Price | Volume |
|---|
23/06/2026
As the most rewarding bank in Kuwait and the bank closest to the community, Gulf Bank continues to extend this commitment from its customers and the wider community to its own employees. In line with
Gulf Times
23/06/2026
National Bank of Kuwait (NBK) announced a major milestone with the Group Human Resources Department obtaining four internationally recognized ISO certifications, reflecting the Bank's steadfast commi
Kuwait Times
23/06/2026
Zain Kuwait on June 22 announced its latest partnership with V-Thru, Kuwait's leading virtual drive-thru platform, to launch the Zain Shabab Club, an exclusive club within the V-Thru app dedicated to
Kuwait Times
23/06/2026
Leading UAE telecom services company e& has partnered with TM Forum to jointly release a new white paper titled 'The Path to Full Autonomy: e& UAE's Strategic Blueprint for Network Transformation in
Trade Arabia
23/06/2026
Knowledge Economic City (KEC), the publicly listed master developer leading Madinah's urban transformation, announced its participation as Strategic Partner at Future Hospitality Summit (FHS) Saudi A
Trade Arabia