e Achieves Record Revenue and Profit Growth in FY 2025 with 23% Increase

e's Unprecedented Financial Performance in FY 2025

In an impressive financial showcase, e has reported extraordinary results for the fiscal year 2025. The organization announced consolidated revenues totaling AED 72.9 billion, reflecting an increase of 23.1% compared to the previous year. This remarkable growth underscores e's successful strategy in enhancing its operational performance across diverse business segments.

Record Net Profits and Subscriber Growth

The consolidated net profit reached AED 14.4 billion, demonstrating a compelling 33.6% year-over-year increase. This surge in profits has been largely attributed to notable advancements in various business verticals. Moreover, the consolidated EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose by 21.1% year-on-year, amounting to AED 32.0 billion.

The UAE segment of e has shown continuous growth; the subscriber base surpassed 16.3 million, an increase of 8.4% from the prior year. In total, e now boasts a remarkable subscriber base of 244.7 million across regions including Asia, Africa, the Middle East, and parts of Eastern Europe, marking an impressive growth rate of 31.3% compared to 2024.

Dividend Payouts and Future Prospects

In light of these positive results, the board declared a cash dividend of 47 fils per share for the second half of 2025, bringing the total annual dividend to 90 fils per share. Encouragingly, this total is set to increase to 95 fils per share in 2026, highlighting e's ongoing commitment to enhancing shareholder value.

Leadership Transition

An important leadership change is on the horizon, with Hatem Dowidar stepping down as the Group CEO after a six-year tenure characterized by significant transformation and expansion. After leading e through a pivotal transition, his resignation is effective March 31, 2026. Masood M. Sharif Mahmood, currently the CEO of e UAE, will take over as the new Group CEO starting April 1, 2026. This transition is anticipated to maintain the strategic direction that e has set in its pursuit of becoming a global technology powerhouse.

Reflections on Transformative Leadership

H.E. Jassem Mohamed Bu Ataba Alzaabi, the Chairman of e, has expressed gratitude for Dowidar's leadership, commending the organization's successful strategy that has established e as a formidable player in the global technology landscape. Dowidar voiced pride in the achievements during his leadership and left a message of confidence for e's future under Mahmood, who has over 25 years of experience in communications and technology. Mahmood aims to build on the successes achieved and drive innovation within the company.

Commitment to Future Growth

With a focus on strategic priorities, e is set on embracing advanced technologies such as AI across its operations. The organization aims to continue delivering sustainable value to its shareholders, customers, and communities. This commitment remains central to e's vision of redefining connectivity and offering enhanced enterprise and fintech solutions, paving the way for new opportunities.

As e embarks on a new chapter with refreshed leadership, the company stands poised to further its impact across the globe, ensuring that it remains at the forefront of the telecommunications and technology industries.