#Abu Dhabi #UAE #Telecommunications #e

e Reports Record Financial Performance for FY 2025

In a remarkable showcase of growth and resilience, e announced its financial results for the fiscal year 2025, highlighting a record revenue of 72.9 billion dirhams, marking a 23.1% increase from the previous year. The company also reported a net profit of 14.4 billion dirhams, reflecting a significant 34% year-over-year growth. These impressive results signal e's strong position in the telecommunications sector and underscore its successful strategies across various segments.

The growth in revenue was driven by substantial advancements in e's core operations, leading to an EBITDA increase of 21.1%, amounting to 32 billion dirhams. Such financial robustness has positioned e as a prominent player within not only the regional but also the global landscape as they continue to expand their service offerings.

Moreover, e's subscriber base saw an impressive growth spurt, now totaling 244.7 million across regions including Asia, Africa, the Middle East, and Central and Eastern Europe—an increase of 31.3% from 2024. In the UAE alone, subscriber numbers surpassed 16.3 million, attributed to a 8.4% growth compared to last year. This surge in subscribers highlights e's decisive impact on the telecommunications market, demonstrating the trust and reliance of consumers in their services.

To the delight of shareholders, the company has proposed a dividend of 90 fils per share for the year, with expectations to increase this to 95 fils in 2026. This reflects e's commitment to delivering shareholder value and reinforcing their business health.

Leadership Change

As part of strategic transitions, Hatem Dowidar, the current CEO, will step down at the end of March 2026 after serving for six impactful years. Under his leadership, e underwent a crucial transformation, evolving from a regional telecommunications operator to a comprehensive technological group with expanded international footings in the Middle East, Africa, Asia, and Europe. His departure was marked by gratitude from both the board and his team, recognizing his role in steering the company through significant changes and achievements.

Masood M. Sharif Mahmood, currently the CEO of e UAE, has been appointed as his successor and will officially step into the role on April 1, 2026. Masood's extensive experience of over 25 years in communications and technology sectors is anticipated to bring continued growth and innovation to the company.

Looking Toward the Future

Hatem Dowidar expressed pride in the achievements during his leadership, ensuring that e's transformation and growth were built on a resilient operational model and a driven workforce. The board, represented by Jassem Mohamed Bu Ataba Alzaabi, praised the record results as indicative of the successful strategies implemented during Dowidar's tenure and emphasized the company’s forward momentum under new leadership.

As e continues to focus on technological advancements, including Artificial Intelligence and digital solutions, it remains poised for future successes. The positive financial indicators pave the way for sustainable growth while enhancing shareholder value, customer satisfaction, and community engagement. As the company looks to the future under the new CEO, there remains a strong commitment to leveraging technology and maintaining its path as a leader in the telecommunications domain.

With these unparalleled accomplishments, e stands as a beacon of innovation and profitability in the telecommunications industry, reaffirming its pivotal role in shaping a connected future for its global customer base.