e& Reports 60.7% Net Profit Growth as Subscribers and AI-Powered Services Drive Expansion

ABU DHABI — e& has reported a strong first half of 2025, delivering AED 34.9 billion in consolidated revenue, up 23.3% year-on-year, and AED 8.8 billion in net profit, marking a 60.7% increase from the same period in 2024. EBITDA reached AED 15.4 billion with an 18.8% rise and a margin of 44.1%.

The Group’s subscriber base climbed to 198 million, including 15.5 million in the UAE, reflecting robust growth in both domestic and international markets. In Q2 2025 alone, revenue rose to AED 18 billion (28.1% YoY growth), net profit hit AED 3.5 billion, and EBITDA surged 22.2% to AED 8 billion.

Key milestones included the launch of the UAE Sovereign Cloud Launchpad with AWS and the UAE Cybersecurity Council, aimed at bolstering digital sovereignty and secure AI innovation. The Group also unveiled 5G slicing solutions, private 5G deployments, and a 6G strategy report, while expanding AI-driven offerings across enterprise and consumer segments.

Its fintech arm, e& money, tripled transaction value, while STARZ ON surpassed 10 million installs. e& enterprise broadened partnerships in healthcare, manufacturing, cybersecurity, and digital infrastructure. International growth was fueled by the acquisition of Serbia Broadband and service launches across Europe, Africa, Asia, and the Middle East.

e& capital continued backing emerging technologies, while strategic divestments such as Khazna and a partial stake in Airalo boosted financial flexibility. Recognition as the world’s Fastest Growing Brand by Brand Finance further cemented e&’s global profile.

Chairman H.E. Jassem Mohamed Bu Ataba Alzaabi credited strategic foresight for the strong performance, while Group CEO Hatem Dowidar highlighted the company’s agility, AI leadership, and commitment to delivering long-term value under Visionary UAE leadership.