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    Home » e& reports 60.7% increase in consolidated net profit, reaching AED8.8 billion in H1 2025 – Business – Economy and Finance
    United Arab Emirates

    e& reports 60.7% increase in consolidated net profit, reaching AED8.8 billion in H1 2025 – Business – Economy and Finance

    Kuwaiti TribuneBy Kuwaiti TribuneAugust 1, 2025No Comments3 Mins Read
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    e& introduced its consolidated monetary outcomes for the primary half of 2025, reporting continued progress momentum and strategic progress throughout its enterprise pillars.

    e&’s efficiency reinforces the Group’s place as a worldwide know-how chief, driving digital transformation at scale throughout regional and worldwide markets.

    Consolidated income elevated to AED34.9 billion, representing a year-over-year (YoY) progress of 23.3 % in comparison with H1 2024.

    Consolidated web revenue in H1 rose to AED8.8 billion, up 60.7 % from the earlier 12 months.

    EBITDA in H1 reached AED15.4 billion, a YoY improve of 18.8 % with EBITDA margin of 44.1 %. The Group’s subscriber base grew to 198 million globally, marking a 13.1 % improve year-over-year.

    Within the UAE, e& UAE subscribers reached 15.5 million, pushed by rising demand for superior connectivity options, AI-powered companies, and tailor-made digital experiences that handle the evolving wants of each people and companies.

    Jassem Mohamed Bu Ataba Alzaabi, Chairman, e&, stated, “Within the first half of 2025, e& continued to strengthen its management place, pushed by its strategic investments and sturdy enterprise mannequin. Our continued robust efficiency displays our dedication to long-term worth creation, with main milestones reflecting the Board’s strategic foresight.

    “In H1, e& continued its progress trajectory, and alongside our excellent monetary efficiency, we maintained our give attention to bringing the most recent applied sciences to finest serve our prospects. We launched the UAE Sovereign Cloud Launchpad alongside AWS and the UAE Cybersecurity Council. This landmark initiative advances nationwide priorities round digital sovereignty, safe AI, and cloud innovation, and is about to unlock enduring worth for the nation’s digital financial system.

    “Due to the UAE’s visionary management that conjures up us, e& will proceed enabling the data financial system with duty and ambition. We stay dedicated to shaping resilient, inclusive, and innovation-led societies throughout the markets we serve.”

    Hatem Dowidar, Group Chief Government Officer, e&, acknowledged, “e& delivered robust efficiency within the first half of 2025, reflecting our agility, innovation, and talent to scale. We preserved the momentum witnessed throughout our totally different verticals. Our various income streams enabled the group to drive monetary success and ship sturdy operational progress. These outcomes reveal the power of our transformation technique and our continued give attention to operational excellence and worth creation.

    “We achieved a sequence of strategic milestones, together with the divestment of Khazna and partial divestment of Airalo throughout the first half of the 12 months, which enhanced our monetary flexibility. In parallel, we launched the UAE Sovereign Cloud Launchpad, reinforcing our give attention to safe, sovereign AI options. We additionally turned one of many first corporations to earn the ‘Tier S’ designation underneath the Dubai AI Seal, a top-level recognition of our management in accountable AI growth and deployment. Moreover, we superior our worldwide footprint by way of the acquisition of Serbia Broadband, whereas our collaboration with Qualcomm is accelerating 5G evolution and edge AI integration throughout key industries.

    “Our progress was additional recognised internationally, with e& named the world’s Quickest Rising Model by Model Finance. This recognition displays our daring ambition, customer-centric innovation, and rising international presence.

    Comply with Emirates 24|7 on Google News.



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