e's Remarkable Financial Year 2025
In 2025, the telecommunications giant e, previously known for its robust services, achieved a record revenue of 72.9 billion AED, reflecting an impressive growth of 23.1% compared to the previous year. This remarkable feat was primarily driven by a surge in customer numbers across various regions such as Asia, Africa, the Middle East, and parts of Eastern Europe, with a consolidated customer base reaching 244.7 million, growing by 31.3% from 2024.
While the company witnessed a substantial increase in revenue, the net profit also soared to 14.4 billion AED, achieving a growth of 33.6%. These figures underscore advancements in all business sectors and exemplify the company's commitment to strategic growth and customer engagement. The company also reported an increase of 21.1% in its consolidated EBITDA, reaching 32 billion AED, signifying strong operational efficiency and profitability.
Dividend Announcement and Shareholder Value
In light of these commendable results, the board of e proposed a cash dividend of 90 Fils per share, indicating an increase to 95 Fils for the following year. This decision reflects the company’s dedication to enhancing shareholder value and reinvesting profits back into its operations.
Leadership Changes
As e celebrates its achievements, it's also preparing for leadership changes. Hatem Dowidar, who has served as the Group Chief Executive Officer since 2020, announced his resignation effective March 31, 2026. Under his leadership, the company transitioned from a regional telecom provider to a global technology leader. His successor, Masood M. Sharif Mahmood, currently the CEO of e UAE, will assume the role of Group CEO, indicating a continuity of vision and strategy for the future.
Dowidar expressed pride in the company's transformation during his tenure, emphasizing the resilience of their business model and the collective effort of their employees. He expressed confidence in Mahmood's capability to guide e towards further success in the coming years.
Strategic Focus Going Forward
Looking ahead, e remains committed to executing its strategic priorities, which include the integration of advanced technologies such as artificial intelligence across all business units. Their focus on creating sustainable value for shareholders, customers, partners, and the communities they serve will remain paramount in their ongoing operations.
The success story of e in 2025 serves as an inspiring testament to how clear strategic direction and engagement can culminate in remarkable growth and financial performance. As the landscape of global telecommunications continues to evolve, e’s adaptive strategies and forward-thinking initiatives position it well for a future filled with promise and innovation.
For further inquiries, please contact:
Nancy Sudheer
Senior Manager
[email protected]
+971 50 705 5290