e& has reported record financial results for 2025, with consolidated revenues rising 23.1% year-on-year to AED72.9 billion ($19.85 billion), up from AED59.2 billion in 2024.
Consolidated net profit increased 33.6% to AED14.4 billion ($3.92 billion), compared to AED10.8 billion the previous year. EBITDA climbed 21.1% year-on-year to AED32 billion, reflecting strong performance across the group’s business verticals. Earnings per share rose to AED1.65 from AED1.24, marking a 33.6% increase.
The company’s UAE operations continued to perform strongly, with the subscriber base surpassing 16.3 million, up 8.4% year-on-year. Globally, total subscribers reached 244.7 million, representing 31.3% growth compared to 2024.
The board has proposed a cash dividend of 47 fils per share for the second half of 2025, bringing the total annual dividend to 90 fils per share. It also announced plans to increase the total annual dividend to 95 fils per share in 2026, underlining its commitment to enhancing shareholder value.
In a separate development, Group CEO Hatem Dowidar will step down from his role effective March 31 after six years at the helm. Since taking leadership in 2020, he oversaw the company’s transformation from a regional telecom operator into a global technology group with expanded operations across the Middle East, Africa, Asia and Europe.
