e& today announced its consolidated financial results for the first half of 2025. The Group reported strong growth momentum and strategic progress across its business pillars.

Consolidated revenue rose to AED 34.9 billion. This marks a 23.3% increase compared to H1 2024. Net profit grew to AED 8.8 billion, reflecting a 60.7% year-over-year surge. EBITDA reached AED 15.4 billion, up 18.8%, with a 44.1% EBITDA margin.

Globally, the Group’s subscriber base increased by 13.1% year-over-year. It now stands at 198 million. In the UAE, e& UAE subscribers grew to 15.5 million. The rise was driven by demand for advanced connectivity, AI services, and personalized digital experiences.

H.E. Jassem Mohamed Bu Ataba Alzaabi, Chairman, e&, stated that the strong performance highlights strategic investments and long-term value creation. He noted that e& remains committed to secure AI, cloud innovation, and national digital priorities.

He revealed the launch of the UAE Sovereign Cloud Launchpad. This was developed with AWS and the UAE Cybersecurity Council. The initiative supports digital sovereignty and cloud security. It is valued at over US$ 1 billion and aims to contribute more than US$ 181 billion to the UAE’s digital economy by 2033.

Hatem Dowidar, Group Chief Executive Officer, e& reported that e& maintained momentum across all verticals. In Q2 2025, revenue rose 28.1% year-over-year to AED 18.0 billion. H1 revenue also increased 23.3% year-over-year. He noted strategic milestones including:

• Divestment of Khazna and partial exit from Airalo
• Tier S rating under the Dubai AI Seal for responsible AI development
• Acquisition of Serbia Broadband to expand international footprint

e& collaborated with Qualcomm to boost 5G and edge AI across industries. Internationally, Brand Finance named e& the world’s fastest-growing brand.

e& also launched several new initiatives. These include a Business Continuity as a Service (BCaaS) framework, AI governance with IBM, and a joint AI Lab in the UAE with Open Innovation AI.

The Group opened a new international office in Miami and expanded partnerships across the Americas with Digicel.

e& UAE tested 6 GHz and 600 MHz frequency bands, launched 5G slicing for enterprises, and introduced AI-powered drone inspection systems. The company maintained 99.5% FTTH coverage in the UAE and holds the top global rank in mobile download speed.

New partnerships supported SMEs, sports, and public safety. Notably:

• Launched private 5G for Emirates Steel Arkan
• Partnered with Al Ain Football Club and RTA Dubai
• Rolled out parental control services and AI fire detection with Abu Dhabi Civil Defence

e& life reported fintech growth with e& money tripling its Gross Transaction Value. The app surpassed 1.9 million users. It also introduced digital gold investment with SafeGold and rolled out IBAN accounts via First Abu Dhabi Bank.

STARZ ON installs grew 5x year-over-year, reaching over 10 million. Monthly active users hit 660,000. The platform secured IPL and Asia Cup rights and launched shoppable TV with Trendyol.

e& enterprise expanded AI training with Emeritus and digitization projects with Exeed Industries. It partnered with Infobip, LifeBot, and Genesys to launch advanced digital and customer experience solutions.

Help AG was awarded by the Department of Health – Abu Dhabi and recognized by Palo Alto Networks. Bespin Global launched cloud solutions on AWS Marketplace.

e& international acquired Serbia Broadband and reported success with the Yettel brand in Bulgaria, Hungary, and Serbia. e& Egypt introduced international remittance services and launched nationwide 5G.

In Pakistan, PTCL strengthened its FTTH leadership and landed the 10,000 km Africa-1 Submarine Cable. Mobily in Saudi Arabia invested SAR 3.4 billion in infrastructure and formed key partnerships with flynas and the Ministry of Hajj.

e& capital continues to invest in technology-driven companies, supporting innovation across telecom and digital sectors.

e& reaffirmed its role as a global technology leader. Its strong financials and innovation-driven strategy position it to shape digital transformation in key markets.

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