Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
The leadership transition comes as e& reported strong full-year 2025 financial results. Consolidated net profit rose 33.6% year-on-year to AED14.4 billion (US$3.8 billion), while revenues increased 23.1% to AED72.9 billion (US$19.9 billion). EBITDA climbed 21.1% to AED32 billion (US$8.7 billion), and the group’s global subscriber base expanded 31.3% to 245 million.
Khazna said the milestone reflects its commitment to delivering resilient, high-performance digital infrastructure tailored to the accelerating demands of AI-driven computing. The company’s UAE portfolio currently includes 30 data centres, with 22 already achieving Tier III Certification of Constructed Facility status.
The Board has appointed Masood M Sharif Mahmood, currently CEO of e& UAE, to succeed Dowidar as Group CEO effective April 1, while also continuing in his UAE leadership role.
Mashreq has launched a digital cross-border banking service enabling UAE-based Pakistanis to remotely open and manage Mashreq Pakistan accounts through its UAE app. The service includes a unified dashboard, zero minimum balance accounts, and free instant remittances via Quick Remit, simplifying cross-border financial management.
e& Carrier & Wholesale Services has activated the 2Africa submarine cable at its SmartHub data centre in the UAE. Spanning 45,000 km, the system enhances international capacity, resilience, and latency performance, reinforcing the UAE’s role as a global connectivity hub amid growing demand for cloud and digital services.
e& posted record 2025 results with revenues up 23.1% to $19.85bn and net profit rising 33.6% to $3.92bn, alongside strong subscriber growth and a higher dividend payout, while announcing a leadership transition effective April 1.
du achieved an 89% employee engagement score in its latest Microsoft Viva Glint survey, ranking among the top 10% of organisations globally and outperforming regional and tech sector benchmarks. The results underscore du’s commitment to inclusivity, innovation, and a purpose-driven workplace culture.
A Kaspersky report shows 70% of UAE firms plan to deploy AI-driven security operations centres to counter AI-powered cyber threats. Companies expect AI to enhance threat detection and automate responses, despite challenges related to talent shortages and integration costs.
e& UAE has partnered with Aster Pharmacy to deploy the ‘Pharmacy in a Box’ solution, providing advanced digital infrastructure to streamline operations, enhance customer experience and support expansion across existing and new outlets.
e&’s stake in Vodafone has risen to 17.005% due to Vodafone’s share buyback programme, while its total holdings remain at 3.94 billion shares. The move strengthens e&’s global exposure strategy, following its initial $4.4bn investment in 2022.