Dubai shines as a symbol of futuristic ideas and impressive architecture. Imagine a city with tall buildings, busy business areas, and fancy neighborhoods – that’s Dubai. Dubai’s success comes from always aiming for the best and embracing new ideas. The city’s skyline, filled with remarkable structures, tells the story of innovation and progress.
It’s a lively place where people work hard and compete to stand out. Among these people is Malek Al Malek, the chairman of Tecom Group. Malek leads an executive team at TECOM Group, overseeing 10 business districts, 20 retail destinations, and 15 residential communities. His influential role shapes the experiences of millions of visitors and residents, enriching Dubai’s global standing.
Armed with a Bachelor’s in Business Management from the Higher Colleges of Technology in the UAE, Malek Al Malek wears multiple hats in steering Dubai’s growth. As the Director General of the Dubai Development Authority, he brings strategic acumen to the forefront, establishing new standards in economic competitiveness, infrastructure, and urban planning. Notably, his impactful leadership as the Group CEO of TECOM from 2018 to 2020 played a pivotal role in solidifying TECOM’s stature as a key player in Dubai’s Knowledge Economy.
Malek’s innovative solutions have been magnets for major international and regional companies, creating an environment conducive to startup growth. His influence extends beyond TECOM, as he holds leadership positions on various boards, exerting a significant impact on government and business entities.
TECOM Group’s Journey in Dubai’s Business Sphere
Since its inception in 1999, TECOM Group has been a key player in the dynamic evolution of Dubai’s business landscape. With a visionary approach, the group strategically developed 10 business districts, each tailored to nurture specific knowledge-based economic sectors. This foresight has not only strengthened Dubai’s position as a global business and talent hub but has also catalyzed sustainable growth and innovation for TECOM Group.
At the heart of TECOM’s offerings is a diverse leasing portfolio, providing bespoke solutions for over 10,000 customers and supporting the endeavors of more than 105,000 professionals. Far beyond conventional leasing services, TECOM Group has established an integrated smart platform called “axs,” offering seamless access to government and corporate services. This platform enhances the ease of doing business, fostering a collaborative and efficient environment for the community.
In addition to its leasing prowess, TECOM Group has pioneered industry-specific facilities. Media production studios, laboratories, and higher education campuses underscore a commitment to providing cutting-edge resources for businesses to thrive. The group’s innovation platform, in5, is dedicated to empowering entrepreneurs and start-ups in the tech, media, and design sectors. Meanwhile, D/Quarters, the co-working spaces, and the “GoFreelance” package further emphasize TECOM Group’s dedication to fostering creativity and supporting diverse talents.
As Dubai’s growth narrative unfolds, TECOM Group has been a constant force, contributing significantly to the emirate’s success story. The group has not only attracted global companies but has also played a pivotal role in cultivating an ecosystem that encourages entrepreneurialism and investment.
Sustainability takes center stage as an intrinsic element of Tecom’s operating model. This commitment is woven into the fabric of the organization, reflecting a holistic approach that aligns with global and local sustainability agendas.
A Holistic Approach to Sustainable Development
At the core of TECOM’s sustainability endeavors lies a profound adherence to Environmental, Social, and Governance (ESG) initiatives. The Group is actively integrating these principles, drawing inspiration from the United Nations’ Sustainable Development Goals, the 2030 Agenda for Sustainable Development, and Dubai’s ambitious Clean Energy Strategy and Net Zero Emissions Strategy 2050.
In fostering economic resilience and innovation, TECOM Group focuses on nurturing a thriving ecosystem for startups. The number of start-ups and events organized to support local entrepreneurs becomes a tangible measure of the Group’s commitment to enabling innovation within its business districts. The community-centric approach reflects TECOM Group’s dedication to creating positive and lasting impacts in the regions it operates. Through various programs and engagements, the Group strives to uplift and support local communities, contributing to their socio-economic development.
In prioritizing the well-being and growth of its people, TECOM Group establishes a workplace culture that is not only diverse and inclusive but also provides ample opportunities for professional development and advancement.
Environmental sustainability is a cornerstone of TECOM Group’s operations. The properties under its umbrella meticulously adhere to all environmental laws and regulations. The Group’s stringent environmental policy serves as a guiding force, ensuring responsible practices that minimize the impact on the land and surrounding areas.
The seamless integration of governance and risk management into TECOM Group’s operational ethos reflects transparent governance practices and effective risk mitigation strategies. Upholding the highest standards of accountability, the Group navigates potential risks with precision, reinforcing its commitment to operational excellence and responsible business practices.
Malek’s Vision for Future
Malek envisions a future where the organization further solidifies Dubai’s standing as a global business and talent hub. His strategic leadership, finely tuned over years of experience, aims to attract international and regional companies while fostering an environment conducive to startup success. As both the Chairman of the Board and CEO of DHAM, Malek remains dedicated to elevating Dubai’s profile as a premier destination for tourism, leisure, and prime retail.
TECOM Group, mirroring Dubai’s growth narrative, aspires to continue its pivotal role in attracting global companies and cultivating an ecosystem that encourages entrepreneurialism and investment. The group’s commitment extends to staying attuned to evolving customer needs and global trends, ensuring adaptability and agility in a dynamic business landscape. The journey ahead involves contributing to sustainability goals, integrating Environmental, Social, and Governance (ESG) initiatives, fostering economic resilience, and prioritizing the well-being of its people.
Under Malek’s visionary leadership, the future holds not just success but a legacy of shaping Dubai’s future with impactful leadership.