ABU DHABI – Telecom and technology giant e& has reported record-breaking financial results for the first half of 2025, underlining its transformation into a global digital powerhouse. The Group’s performance reflects strong growth across its business verticals, significant technological advancements, and continued contributions to the UAE’s digital economy.
Record Financial Performance
e& posted a consolidated revenue of AED 34.9 billion, marking a 23.3% year-over-year increase, while net profit surged 60.7% to AED 8.8 billion compared to H1 2024. EBITDA rose to AED 15.4 billion, with a robust 44.1% margin, supported by expanding digital services and high-value connectivity solutions.
The Group’s UAE subscriber base grew to 15.5 million, driven by AI-powered services, tailored digital experiences, and enhanced 5G offerings.
Accelerating National Digital Sovereignty
A key milestone was the launch of the UAE Sovereign Cloud Launchpad in collaboration with AWS and the UAE Cybersecurity Council. Valued at over US$ 1 billion, the initiative aims to strengthen digital sovereignty, secure AI capabilities, and cloud innovation—expected to contribute US$ 181 billion to the UAE’s digital economy by 2033.
e& also announced partnerships with Qualcomm Technologies to advance edge AI and next-generation 5G use cases, including smart mobility, industrial IoT, and extended reality applications.
AI, 5G, and Enterprise Innovations
The Group deepened its AI leadership through the creation of a new AI Lab with Open Innovation AI and partnered with the UAE Government’s Cyber Security Council to establish the Al Ain Innovation Centre.
e& UAE achieved 99.5% fiber-to-the-home coverage and ranked among the top globally for mobile and 5G download speeds.
In enterprise connectivity, e& launched 5G network slicing solutions enabling real-time automation and private 5G deployments for industries. Its AI-powered drone inspections and Trust Net + AI Net hybrid cloud platforms enhanced cybersecurity and operational reliability for businesses.
Digital Lifestyle and Fintech Growth
The e& life segment recorded strong growth in fintech and entertainment, with e& money tripling transaction values, expanding financial inclusion through First Abu Dhabi Bank partnerships, and launching gold investment products with SafeGold. The STARZ ON streaming platform surpassed 10 million installs, broadening its digital entertainment portfolio.
Enterprise and Global Expansion
Through e& enterprise, the Group continued driving AI-led digital transformation via collaborations with Microsoft, Emeritus, and Exeed Industries, enabling smart manufacturing and industrial IoT adoption.
Its cybersecurity arm, Help AG, gained new recognitions in health and aviation sectors for AI-driven threat detection.
Internationally, e& expanded by acquiring Serbia Broadband (SBB) and strengthened operations across Saudi Arabia, Morocco, Egypt, and Pakistan, where subsidiaries accelerated 5G rollout, fiber expansion, and digital finance initiatives.
Leadership Remarks
“Our record results demonstrate e&’s resilience and foresight,” said H.E. Jassem Mohamed Bu Ataba Alzaabi, Chairman of e&. “We remain committed to enabling the knowledge economy and shaping innovation-led societies across our markets.”
Hatem Dowidar, Group CEO, added, “Our continued performance highlights e&’s agility and strategic focus on operational excellence. We’re delivering real value through transformation and innovation at scale.”
