Will serve 80 countries in Middle East and Africa from its Dubai Internet City hub; Has signed several deals with regional merchants and partners
Dubai Internet City
Latest in Dubai Internet City
Dubai
TECOM shareholders approve $108.9mn dividend for H2 2024
With this, the total cash dividends for the year 2024 reaches $217.8mn, equivalent to 16 fils per share
Dubai Internet City
Dubai Internet City adds $27.2bn to GDP
Dubai Internet City accounts for 65 per cent of the emirate’s tech GDP
Aviation
TECOM completes acquisition of Office Park in DIC for $196mn
The Group has now made a total investment of over $720 million in commercial and industrial assets in 2024
Dubai
TECOM Group expands portfolio with $544mn investment
The strategic move increases TECOM Group’s portfolio to exceed 10 million square feet of gross leasable area (GLA) in commercial assets
Dubai Internet City
Sokovo opens state-of-the-art vertical farm in Dubai Industrial City
The launch of Sokovo’s hydroponic farm at Dubai Industrial City contributes to the UAE’s National Food Security Strategy 2051, Operation 300bn, and Make it in the Emirates visions, enhancing local supply chains across various sectors
delivery services
Dubai ‘perfect choice’ for ride-hailing app Yango to set up global office
The company’s presence in Dubai is expected to enrich the tech sector, empower local talent, foster innovation, and facilitate global knowledge exchange
Dubai
Dubai Pearl demolition revealed in exclusive pictures, videos
Exclusive pictures and videos from the Dubai Pearl site reveal ongoing demolition works underway on the 20-year-old project
Dubai Internet City
Dubai Pearl demolished: Reports
Over 20 years after it was announced, the Dubai Pearl site reportedly saw demolition, sending tremors to nearby areas
Cyber Security
Cybersecurity company SentinelOne opens regional office in Dubai
SentinelOne plans to serve its partners and customers in the Middle East, Turkey and Africa through the new regional hub
Dubai Internet City
Tecom Group to build $120mn office hub in Dubai Internet City
The new project is due for completion in 2024
3M
3M expresses regional ambition with stunning new HQ at Dubai Internet City
The company, known for its innovations, will also showcase its products and solutions through a first-of-its-kind innovation center spread over 20,400 sqft area
Dubai
TECOM Group reports 51% increase in net profit to $173.9 million
The company attributes profit rise to a sustained increase in occupancy rates
AI R&D
First GCC artificial intelligence research centre to launch in Dubai Internet City
Intel made the announcement at day 2 of GITEX at the Dubai Internet City stand
Al Damani Electric Vehicle Manufacturing Factory
Dubai Industrial City announces opening of 45,000 sq. ft electric vehicle manufacturing factory
The assembly line has a maximum production capacity of 10,000 cars per year
angel investments
How startups can access funding in an evolving global investment landscape
The contribution of forward-looking regulations and policies, hands-on government stakeholders, and sector-focused business districts have been integral to creating this environment
Ammar Al Malik
Dubai Internet City strengthens its status as preferred hub for global tech firms
US tech firm Cloudflare joins the growing ranks of companies setting up operations in Dubai Internet City
