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TECOM Investments and El Salvador explore avenues for cooperation

A high profile government delegation from El Salvador has held talks with TECOM Investments, a member of Dubai Holding, to discuss the potential for collaboration and investment with the Central American nation.

  • United Arab Emirates: Tuesday, May 08 - 2007 at 15:14
  • PRESS RELEASE


From left to right: Abdullatif Almulla, CEO of TECOM and Ana Vilma Escobar, the Vice President of El Salvador.
From left to right: Abdullatif Almulla, CEO of TECOM and Ana Vilma Escobar, the Vice President of El Salvador.


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The Vice President of El Salvador, Ana Vilma Escobar headed a nine-member delegation including trade and tourism representatives and Victor Lagos Pizzati, the ambassador of El Salvador stationed in Qatar. During the discussions, the two sides covered various areas including TECOM and its projects, education in the UAE and progress in the region.

Abdullatif Almulla, CEO of TECOM Investments, received the delegation at Dubai Internet City. A presentation offered the delegation an overview of the TECOM Investments structure and its role in developing a knowledge-based economy in Dubai and the UAE.

Almulla said: 'As a global entity TECOM Investments welcomes opportunities for enhancing relations with governments. We are always open to exploring avenues for cooperation and joint action

'El Salvador with its recently introduced free market initiatives, offers good business potential. The visit and the discussions that followed were fruitful in enhancing mutual understanding.

El Salvador is currently looking to attract Foreign Direct Investment to drive its economic growth. While the GDP currently stands at around US$34.15 billion, the Central American nation is actively seeking new growth sectors for a more diversified economy.




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Notes and media contacts

For more information:

Rami Adwan
PR Associate Account Manager
JiWiN (the Public Relations arm of Dubai Press Club)
Tel : 04-3613586

About TECOM Investments
A subsidiary of Dubai Holding, TECOM Investments started with the aim of developing the knowledge-based economy in Dubai. This aim addresses a variety of industry sectors including telecom, media and technology park development. To achieve the ambition of developing the knowledge economy, TECOM successfully initiated a cluster approach in order to tackle each defined component of the knowledge-centric service offering. The clustered approach proved successful not just in the information and communication technology industry but also in media, education, and biotechnology sectors. TECOM first launched its telecom operations in 2000 with what was the region's first commercial deployment of converged services over a single IP network, offering a range of corporate and residential services, including IP triple play (TV, telephony and broadband internet). TECOM recently announced the acquisition of a 35% stake in Tunisie Telecom. TECOM's other telecom investments include a Axiom, the largest mobile distributor in the Middle East, and Interoute, a next generation IP network connecting together most countries in Europe.
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Tuesday, May 08 - 2007 at 15:14 UAE local time (GMT+4)

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