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- Bitcoin's record run isn't over - new US rules could spark next big crypto wave
- China hopes for 'positive' outcomes from tariff talks
- Promising Companies Market to boost SMEs, startup financing
- Al-Safat Investment announces net profit of KD 4.65 million for H1 2025
- Millennium Hotels, Taiba relaunch two properties in Madinah
- QNB organises Blue Pledge campaign to protect marine environment
- Qatar's retail market holds steady amid selective growth and pricing pressures
- 3 from Qatar named among Forbes Middle East's 'Top 100 Travel & Tourism Leaders 2025'
- Heisco consortium lowest bidder for $377m Kuwait water project
- Dollar Slips before Inflation Report, US-China Tariff Deadline
30/04/2025 07:54 AST
e& has delivered a strong start to 2025, continuing its trajectory of growth and digital leadership. The group posted strong performance across key financial indicators, reflecting the strength of its strategy and rising impact as a global technology group.
Consolidated revenue increased to Dh16.9 billion, growing 18.7 per cent year-on-year (YoY), while consolidated net profit increased to Dh5.4 billion - a growth of 129.9 per cent compared to the same period last year. The Group's EBITDA reached Dh7.4 billion, growing 15.4 per cent YoY.
The group's total subscriber base reached 194.8 million, an increase of 12.9 per cent YoY, while the number of e& UAE subscribers reached 15.3 million, underscoring the continued demand for e&'s next-generation connectivity, AI-powered solutions, and innovative digital experiences.
Hatem Dowidar, Group Chief Executive Officer of e&, said: "Q1 2025 marks another milestone in e&'s journey, with a strong performance across all fronts. We are translating our ambition into measurable performance via achieving robust financial performance, retaining our network leadership, scaling our footprint across high-potential markets and optimising our assets profile to create a sustainable value for our shareholders."
Khaleej Times
01/08/2025
E& Group on Thursday reported a robust 60.7 per cent year-on-year increase in consolidated net profit to Dh8.8 billion for the first half of 2025, underlining its strong execution across a diversifie
Khaleej Times
13/06/2025
E& enterprise, the digital transformation arm of global technology group e&, is further building on its strategic partnership with Microsoft. By joining forces, both entities are prioritising the dev
Khaleej Times
28/05/2025
e& UAE, flagship telecom arm of e&, has published a new whitepaper, "Shaping the Future: e& UAE's 6G Vision," presenting a bold, forward-looking framework for the next generation of connectivity. <
Trade Arabia
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12/08/2025
Al-Safat Investment Company announced net profits of KD 4.65 million for the first half of 2025, reflecting a strong financial performance that underscores the success of its strategy to restructure
Kuwait Times
12/08/2025
Millennium Hotels and Resorts Middle East & Africa, in partnership with Saudi Forward Hospitality Company Taiba, has announced the relaunch of Millennium Al Aqeeq and Millennium Taiba in Madinah.
Trade Arabia
12/08/2025
QNB Group, the largest financial institution in the Middle East and Africa, has organised the QNB Blue Pledge, a global initiative aimed at raising awareness about the importance of preserving the ma
The Peninsula
12/08/2025
Heavy Engineering Industries and Ship-building Company (Heisco) has announced that its consortium with Indian group VA Tech Wabag has emerged as the lowest bidder for a key desalination project being
Trade Arabia
12/08/2025
Bahri, the Saudi National Shipping Co., has categorically denied allegations pertaining to its transportation of shipments to Israel.
In a statement issued on Monday, the company said that t
Arab News
Financial Information Co.
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