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Tecom to develop Dubai's new $1.36 billion business park

Staff Writer |
Tecom Group, a member of Dubai Holding, has announced its appointment to develop and operate the recently announced AED5 billion ($1.36 billion) Emirates Towers Business Park.

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The company also said it has appointed Fareed Abdulrahman Al Janahi as CEO of the mega development.

Emirates Towers Business Park was launched earlier this month by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

Tecom Group said in a statement that it will develop and manage the project that is located close to Emirates Towers, in collaboration with Dubai International Financial Centre (DIFC) which will provide a legislative environment with international standards of governance and transparency.

The new business hub will offer a wide range of office space for international companies looking to move or expand their business in the region.

The business park will also include three luxury five-star hotels, retail areas featuring a range of international brands and F&B options, a dedicated arena for events and ancillary facilities to support corporates.

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