Browsing: Dubai internet city

TECOM Group, known for developing specialised business districts in Dubai, has completed its AED 1.7B strategic acquisition plan and is developing new office spaces worth AED 340M in Dubai Internet City. This expansion raises the company’s total 2024 investments to over AED 2B.

Aldar Properties will build a Grade A office tower in a prime Dubai location on Sheikh Zayed Road, adjacent to the Dubai International Financial Centre (DIFC). This will be the company’s inaugural commercial development in the Emirate, following recent residential projects that have sold out.

Dubai Internet City is actively considering the establishment of additional specialised incubators to provide enhanced support to the growing start-up community in the emirate. Ammar Al Malik, a high-ranking executive, unveiled these plans to expand DIC’s existing four innovation centres, which operate within the flagship in5 incubator program, with the specific goal of facilitating market access for emerging businesses.