#Abu Dhabi #UAE #financial results #e& #Net Profit

e& Achieves Remarkable Financial Growth in H1 2025

Date: July 31, 2025
In a remarkable financial announcement today, e& has revealed a 60.7% increase in its consolidated net profit for the first half of 2025, reaching AED 8.8 billion. This robust growth comes as part of the company’s ongoing strategy to expand its operations and capitalize on the increasing demand for digital services across the region and globally.

Financial Highlights

The total consolidated revenue for the first half of the year stood at AED 34.9 billion, marking a 23.3% increase year-on-year compared to AED 28.3 billion in the first half of 2024. In the second quarter alone, the consolidated revenue rose to AED 18.0 billion, an increase of 28.1% from AED 14.1 billion in Q2 2024.

The EBITDA also showed a commendable rise, reaching AED 15.4 billion for H1 2025, which represents an 18.8% increase compared to AED 12.9 billion in the prior year.

The strong performances are reflected in the earnings per share, which jumped to AED 1.01 from AED 0.63 in H1 2024, underscoring the company's successful growth trajectory.

Subscriber Growth

One of the standout metrics from e&’s results is the significant increase in total subscribers, which rose to 198 million globally, a 13.1% increase year-on-year. In the UAE, subscription numbers grew to 15.5 million, driven by burgeoning demand for enhanced connectivity solutions and AI-powered services that cater to both individual consumers and businesses.

Strategic Developments

H.E. Jassem Mohamed Bu Ataba Alzaabi, Chairman of e&, stated, “In the first half of 2025, e& continued to solidify its leadership position through strategic investments and a robust business model. Our strong ongoing performance reflects our commitment to creating long-term value in alignment with the major milestones set by our strategic outlook.”

The chairman also highlighted the launch of the UAE Sovereign Cloud Launchpad in partnership with AWS, aimed at advancing digital sovereignty and secure AI initiatives, thus contributing to the nation’s digital economy and innovation landscape.

Hatem Dowidar, Group CEO of e&, emphasized, “Our solid performances in the first half of 2025 reflect our agility, innovation, and ability to adapt to market changes. The diversity of our revenue streams has allowed us to ensure financial success and achieve robust operational growth. Our commitment to operational excellence and value creation continues to guide us.”

Recognitions and the Path Ahead

e& has also been acknowledged internationally, being named as one of the fastest-growing brands in the world by Brand Finance, a testament to its ambitious goals and customer-centered innovations. As e& looks towards the future, the focus remains on developing future technologies and making a sustainable impact on the communities it serves.

The company's ongoing strategic initiatives and its recognition of excellence position e& to continue leading in the digital transformation narrative both regionally and globally. With its strong results in H1 2025, e& is more poised than ever to drive innovative solutions and maintain its status as a global technology leader.