Tecom Investments, an equities firm based in Dubai, is negotiating with the government of Malta to increase their local investments.
Presence in Malta
The firm’s portfolio of holdings includes thousands of companies, amongst which are major multinationals and a sizeable number of Fortune 500 companies. On a national level Tecom Investments, together with Sama Dubai, owns the Malta SmartCity; this forms part of an international project and its local present is touted to propel Malta amongst the most advanced countries in ICT globally. In addition it also holds a major stake in a local telecoms company which is listed on the Malta Stock Exchange (MSE).
Growth in Malta
Reportedly Tecom Investments is set to expand its global education business activities. It has set its sights on investing in educational programmes and learning exchanges in Malta as part of its growth strategy. The proposed strategy will permit the two jurisdictions to share their respective expertise in various sectors and industries. Malta has for instance made huge advances in the ICT, financial services, and online gaming sectors which are intended to form the subject of various learning courses offered in Dubai.
It is thought that the Dubai based investment group penetrate neighbouring European and North African countries through its increased presence in Malta.
