UAE telecom group e& announced solid financial results for the first half of 2025, posting consolidated revenue of AED 34.9 billion ($9.2 billion), a 23.3% increase compared to the same period last year. Net profit surged 60.7% to AED 8.8 billion, while EBITDA rose 18.8% to AED 15.4 billion, maintaining a strong margin of 44.1%.
The group’s global subscriber base grew by 13.1% to 198 million, supported by a 15.5 million subscriber count in the UAE driven by demand for advanced connectivity, AI-powered services, and tailored digital experiences for both individual and enterprise customers.
Chairman Jassem Mohamed Bu Ataba Alzaabi emphasized the company’s continued leadership and strategic investments, noting the strong momentum reflects a commitment to long-term value creation. He highlighted the launch of the UAE Sovereign Cloud Launchpad with AWS and the UAE Cybersecurity Council, an initiative aimed at advancing national digital sovereignty, secure AI, and cloud innovation.
Group CEO Hatem Dowidar pointed to the company’s agility and innovation, with revenues for Q2 reaching AED 18 billion, up 28.1% year-over-year. He cited successful strategic moves including divestments in Khazna and Airalo, boosting financial flexibility, and expansion via the acquisition of Serbia Broadband.
e& also earned the ‘Tier S’ designation under the Dubai AI Seal, recognizing leadership in responsible AI development. Collaborations with Qualcomm are accelerating 5G evolution and edge AI integration across industries.
The group was named the world’s Fastest Growing Brand by Brand Finance, underscoring its bold ambition and customer-focused innovation. Looking forward, e& remains focused on enabling future technologies and delivering meaningful impact across its communities.
