e& has announced its consolidated financial results for the first half of 2025, highlighting robust financial growth and continued strategic progress across its business verticals.
Consolidated revenue rose 23.3% year-on-year to AED 34.9 billion, while net profit surged 60.7% to AED 8.8 billion. EBITDA reached AED 15.4 billion, up 18.8%, with a margin of 44.1%. The Group’s global subscriber base expanded to 198 million, including 15.5 million in the UAE, fueled by demand for advanced connectivity, AI-powered solutions, and digital experiences.
In Q2 2025 alone, revenue climbed 28.1% YoY to AED 18.0 billion, net profit grew 9.7% to AED 3.5 billion, and EBITDA increased 22.2% to AED 8.0 billion. Earnings per share for H1 stood at AED 1.01, up 60.7% year-on-year.
Operationally, e& launched the UAE Sovereign Cloud Launchpad with AWS and the UAE Cybersecurity Council, collaborated with Qualcomm on 5G and edge AI innovation, and acquired Serbia Broadband to strengthen its European footprint. It also became the first in the UAE to commercially launch 5G network slicing for enterprises, tested new spectrum bands, and advanced a 6G roadmap. Partnerships with Microsoft, RTA Dubai, and other global players reinforced its push into AI, cloud, and smart mobility.
Business units delivered notable growth: e& life saw fintech and digital entertainment expand, with e& money tripling transaction values and STARZ ON surpassing 10 million installs. e& enterprise advanced AI, cloud, and cybersecurity leadership through collaborations with Emeritus, Exeed Industries, Infobip, Genesys, and RAIN Technology, while Help AG enhanced AI-driven threat intelligence. International operations across Europe, MENA, and South Asia accelerated 5G rollout, fiber deployment, and digital services, while e& capital continued investing in future-focused industries.
Chairman H.E. Jassem Mohamed Bu Ataba Alzaabi emphasized the Group’s long-term value creation strategy, while CEO Hatem Dowidar credited agility, innovation, and diversified revenue streams for delivering strong growth and operational momentum.
