Company Accelerates Growth with 60.7% Profit Increase and Achieves Significant Milestones in First Half of 2025, Expanding Globally
e& Group, a leading digital transformation company, has announced its financial results for the first half of 2025, showcasing a robust performance and reaffirming its commitment to enabling future technologies and delivering long-term impact across the regions it serves.
The UAE-based company has reported a 23.3% year-on-year increase in consolidated revenue to AED 34.9 billion, with a 60.7% rise in consolidated net profits to AED 8.8 billion. These impressive figures reflect the company's agility, innovation, and scaling of diverse revenue streams across different business verticals.
Hatem Dowidar, Group CEO of e&, highlighted the company's focus on agility and diversification, mentioning key milestones such as the divestments of Khazna and a partial stake in Airalo, the acquisition of Serbia Broadband, and the "Tier S" AI designation under the Dubai AI Seal.
The acquisition of Serbia Broadband, a significant move, has expanded e&'s European footprint, while the "Tier S" AI designation underscores the company's commitment to responsible AI.
e&'s growth strategy in the first half of 2025 focuses on diversification, innovation, international expansion, and talent development. The company has strengthened its collaboration with Qualcomm to advance 5G and edge AI integration, a move that underscores the company's commitment to cutting-edge technology.
Transformation and operational excellence are at the heart of e&'s strategy, with a robust EBITDA growth of 18.8% to AED 15.4 billion. Strategic divestments and financial flexibility have also been key, as seen in the divestment of non-core assets like Khazna and the partial divestment of Airalo.
e& has boosted future readiness by investing in national talent through programs like the AI Graduate Program. Internationally, the company has been recognized as the world's Fastest Growing Brand by Brand Finance, reflecting the company's bold ambition, customer-centric innovation, and growing global presence.
Subscriber numbers for e& globally have reached 198 million, driven by demand for AI-powered services, tailored digital solutions, and next-generation connectivity. The UAE Cybersecurity Council launch is a defining achievement for e&, reinforcing their leadership in emerging tech areas.
The success of e&'s transformation strategy is evident in its strong financial results and strategic initiatives. The Group's EBITDA for the first half of 2025 is AED 15.4 billion, while the consolidated net profit stands at AED 8.8 billion.
Under the leadership of Hatem Dowidar, e& continues to lead the way in digital transformation, leveraging a multi-dimensional growth approach that combines financial discipline, advanced technology adoption, talent empowerment, and strategic international moves to sustainably scale their business and impact.
[1] e& Group Press Release, First Half 2025 Results: e& Group Reports Strong Growth and Accelerated Transformation, www.eand.ae/first-half-2025-results
[2] Zawya, e& reports 23.3% year-on-year increase in consolidated revenue to AED 34.9 billion in H1 2025, www.zawya.com/mena/en/story/E_amp_amp_amp_amp_amp_amp_amp_amp_amp_amp_amp_amp_amp_amp_amp_amp_amp_amp_amp_amp_amp_and_quot_e_amp_quot_reports_23_3_percent_year_on_year_increase_in_consolidated_revenue_to_aed_34_9_billion_in_h1_2025
[3] Gulf News, e& reports strong first-half results, gulfnews.com/business/companies/e-reports-strong-first-half-results-1.1621757064377
[4] Khaleej Times, e& boosts future readiness with AI Graduate Program, www.khaleejtimes.com/business/companies/e-boosts-future-readiness-with-ai-graduate-program
- The acquisition of Serbia Broadband, a significant move, has not only expanded e&'s European footprint but also underscores their commitment to delivering long-term impact across regions, aligning with their commitment to enabling future technologies.
- To ensure cybersecurity, e& Group, a leading digital transformation company, has strengthened its collaboration with Qualcomm to advance 5G and edge AI integration, a move that emphasizes their focus on cutting-edge technology.
- The UAE Cybersecurity Council launch is a defining achievement for e&, reinforcing their leadership in emerging tech areas, demonstrating their commitment to security and technology.
