Tecom Investments, a member of Dubai Holding, has restructured its expansive portfolio which includes the appointment of Abdullatif Al Mulla as Tecom Investments Group CEO.

Al Mulla has mandated the creation of a new division, Tecom Business Parks as an umbrella organisation incorporating Tecom’s free zone clusters.

Overseeing the various companies under Tecom Investments, Al Mulla will steer the growth strategies of Media Services Group (MSG), eHosting Datafort, Empower, EIT, SmartCity and the newly established division, Tecom Business Parks.

Headed by Dr Amina Alrustamani as CEO, Tecom Business Parks will bring under its ambit Dubai Internet City, Dubai Media City, Dubai Knowledge Village, Dubai Studio City, International Media Production Zone, DuBiotech, Dubai Outsource Zone, Dubai International Academic City and Enpark.

Broadening Tecom Investments’ reach further to its international operations, Fareed Abdulrahman has been appointed CEO of SmartCity. 

SmartCity develops self-sustained townships worldwide based on the successful models of Dubai Internet City, Dubai Media City and Dubai Knowledge Village. With SmartCity Malta and SmartCity Kochi being the first two townships to create a global network, Fareed Abdulrahman will continue to expand SmartCity internationally to develop significant hubs of excellence for knowledge-based industries.

“With the ongoing expansion of Tecom Investments, a necessary and obvious measure that had to be taken was to grasp a more focused approach from both, within and beyond the Dubai Free Zone Clusters.  With his outstanding track record at the helm of Tecom Investments, it was a logical progression for Al Mulla to assume a larger mandate,” said Tecom’s executive chairman Ahmad bin Byat.

Meanwhile, Dr Al Rustamani will be responsible for guaranteeing the timely delivery of projects, achieving greater cost and process efficiencies, enhancing customer satisfaction, while ensuring the entities remain aligned to the values of Tecom Investments.

“Dr Al Rustamani has consistently demonstrated her ability to handle complex projects across different industries, while remaining dedicated to the values endorsed by Tecom  Investments. I am confident in her ability to rise up to the challenging role and display unrivalled professionalism,” said Al Mulla.
 
Representing a landmark in its rapid growth curve, the restructuring process also involves the reorganisation of some of Tecom Investments’ centralised departments and the announcement of new corporate leaders.

While Jamal Al Sharif becomes executive director, Dubai Studio City, Ismail Al Naqi will head Dubai Outsource Zone as its executive director.
Tecom Investments free zone clusters have registered remarkable success over the years and the concept has been replicated by other countries in the GCC region and the Arab world.

In addition, attracted by the growth story of the cluster model, a number of countries, beyond the Middle East, are in talks with the Dubai Government to establish similar entities aimed at either revitalising or diversifying their economies.- TradeArabia News Service