“The last two years have been about managing the operational and finance costs. Our current financing position is extremely strong to help us capture market demand and reinvest in new opportunities.
“We will continue to invest in land bank within our existing economic zones. That way we get the economies of scale.
“At the time of the IPO, we had land and land investments available to take us up to 2026. But the (Dubai) market has moved faster than we planned, which requires to go for additional land bank.
– Abdulla Belhoul of Tecom Group