{"id":9170,"date":"2024-08-23T08:53:45","date_gmt":"2024-08-23T03:23:45","guid":{"rendered":"https:\/\/entrepreneurmirror.com\/?p=9170"},"modified":"2024-08-23T08:53:45","modified_gmt":"2024-08-23T03:23:45","slug":"tecom-opens-up-dhs2-billion-in-potential-growth","status":"publish","type":"post","link":"https:\/\/entrepreneurmirror.com\/staging-site\/2024\/08\/23\/tecom-opens-up-dhs2-billion-in-potential-growth\/","title":{"rendered":"Tecom Opens up Dhs2 Billion in Potential Growth"},"content":{"rendered":"<p>Tecom Group has acquired new commercial and industrial assets as part of a Dhs1.7 billion strategic plan unveiled in May 2024.<br \/>\nThis accomplishment coincides with Tecom Group&#8217;s announcement that, with the opening of Innovation Hub Phase 3, the company will develop upscale Grade-A office spaces at Dubai Internet City for Dhs340 million, bringing the total value of the Group&#8217;s investments in 2024 to more than Dhs2 billion.<\/p>\n<p>The strategic plan increases the gross leasable area (GLA) of TECOM Group&#8217;s portfolio of premium commercial assets to over 10 million square feet, and its portfolio of land leasing to 179 million square feet. This strengthens the company&#8217;s position as a key player in Dubai&#8217;s business community and as a leader in commercial and industrial real estate.<\/p>\n<p>Abdulla Belhoul, the Chief Executive Officer of Tecom Group, stated, &#8220;The new strategic acquisitions and projects worth Dhs2 billion reflect TECOM Group&#8217;s vision of fostering sustainable growth.&#8221; &#8220;Tecom Group is dedicated to carrying on its crucial role in supporting the knowledge-based economies of the United Arab Emirates and Dubai as well as influencing the direction of business through our top-notch ecosystems that draw and empower globally recognised businesses and talent throughout our ten distinct business districts.<\/p>\n<h4><strong>Also Read:<\/strong><\/h4>\n<p><a href=\"https:\/\/entrepreneurmirror.com\/staging-site\/to-strengthen-ties-the-uae-and-lithuania-organise-their-first-joint-economic-committee\/\">To Strengthen Ties, the UAE and Lithuania Organise their first Joint Economic Committee.\u00a0<\/a><\/p>\n<p><a href=\"https:\/\/entrepreneurmirror.com\/staging-site\/multibank-group-breaks-sales-records-and-shows-remarkable-profit-growth-in-2023\/\">MultiBank Group Breaks Sales Records and Shows Remarkable Profit Growth in 2023<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tecom Group has acquired new commercial and industrial assets as part of a Dhs1.7 billion strategic plan unveiled in May 2024. This accomplishment coincides with Tecom Group&#8217;s announcement that, with the opening of Innovation Hub Phase 3, the company will develop upscale Grade-A office spaces at Dubai Internet City for Dhs340 million, bringing the total [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[],"class_list":["post-9170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"_links":{"self":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts\/9170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/comments?post=9170"}],"version-history":[{"count":0,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts\/9170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/media?parent=9170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/categories?post=9170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/tags?post=9170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}