Abu dhabi: E and has announced a remarkable 60.7% increase in consolidated net profit, reaching AED8.8 billion in the first half of 2025, highlighting its continued growth and strategic advancements.
According to Emirates News Agency, the company reported a year-over-year growth of 23.3% in consolidated revenue, reaching AED34.9 billion compared to the first half of 2024. The Group's EBITDA rose to AED15.4 billion, showing a YoY increase of 18.8% and maintaining an EBITDA margin of 44.1%. The subscriber base expanded to 198 million globally, marking a 13.1% increase from the previous year.
In the UAE, E and saw its subscriber base grow to 15.5 million, driven by the demand for advanced connectivity solutions and AI-powered services. Jassem Mohamed Bu Ataba Alzaabi, Chairman of E and, emphasized the company's strategic investments and robust business model, which have strengthened its leadership position.
Alzaabi highlighted the launch of the UAE Sovereign Cloud Launchpad in collaboration with AWS and the UAE Cybersecurity Council, aimed at advancing national digital priorities. He credited the UAE's leadership for inspiring the company's commitment to fostering innovation-led societies.
Hatem Dowidar, Group CEO of E and, noted the company's strong performance in H1 2025 as a reflection of its agility and innovation. The introduction of the UAE Sovereign Cloud Launchpad and the achievement of the 'Tier S' designation under the Dubai AI Seal were cited as key milestones. Furthermore, the acquisition of Serbia Broadband and collaboration with Qualcomm were mentioned as efforts to accelerate the 5G evolution and expand the company's international footprint.
Dowidar also highlighted E and's recognition as the world's Fastest Growing Brand by Brand Finance, attributing it to the company's ambition and customer-centric approach.
