e Reports Strong Financial Performance with AED 38.1 Billion Revenue in H1 2026

e's Financial Highlights for H1 2026

In a significant development, e announced its financial results for the first half of 2026, showcasing robust performance that can be attributed to well-defined strategic initiatives and digital transformation efforts. With consolidated revenues climbing to AED 38.1 billion, this represents an impressive year-on-year growth of 11.6%.

The net profit for the group reached AED 6 billion, reflecting a growth of 2.4% compared to the previous year, which excludes the gains from the sale of its investment in Khazna and the deal with Maroc Telecom in the first half of 2025. This uplifting financial scenario underscores the company’s resilience and capability to adapt and thrive in a competitive market.

EBITDA Growth and Margins

The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) reached AED 17.7 billion, indicating a solid increase of 13.1% from the same period last year, with a healthy margin of 46.5%. Such performance is commendable considering the various challenges faced both regionally and globally, thereby reaffirming the effectiveness of e’s diversified business model.

Increased Dividend

Furthermore, e announced a provisional dividend of 47.5 fils per share, marking an increase of 10.5% in comparison to the previous year. This exemplifies the company’s commitment to delivering value to its shareholders while maintaining healthy financial metrics.

Strategic Portfolio Adjustments

In line with its focus on core business segments, e undertook a strategic portfolio adjustment which included divesting a portion of its stake in Vodafone at a premium over market price and partially selling 12.5% of its 50.03% stake in Careem Technologies. These moves are part of e's overarching strategy to strengthen its core operations and optimize its asset base.

Under the leadership of H.E. Jassem Mohamed Bu Ataba Alzaabi, Chairman of e Group, the company has demonstrated diligence in both performance and strategy.