e& Shatters Profit Records, Expands 5G and AI Across UAE
▼ Summary
– e& reported record H1 2025 financial results with revenue of AED 34.9 billion (up 23.3%) and net profit of AED 8.8 billion (up 60.7%), driven by digital services and connectivity growth.
– The Group launched a US$1 billion UAE Sovereign Cloud initiative with AWS to strengthen digital sovereignty and secure AI capabilities, projected to contribute US$181 billion to the UAE economy by 2033.
– e& advanced AI and 5G leadership through new partnerships, an AI Lab, 99.5% fiber coverage, and top global mobile speeds, while introducing 5G network slicing for industrial automation.
– e& life’s fintech and entertainment segments grew significantly, with e& money tripling transaction values and STARZ ON streaming surpassing 10 million installs.
– International expansion included acquiring Serbia Broadband and strengthening operations in Saudi Arabia, Morocco, Egypt, and Pakistan to accelerate 5G, fiber, and digital finance initiatives.
The telecommunications and technology conglomerate e& has announced unprecedented financial achievements for the first half of 2025, reinforcing its evolution into a major global digital entity. This remarkable performance stems from vigorous expansion across all business sectors, notable technological progress, and a deepening influence on the United Arab Emirates’ digital economic framework.
During this period, e& achieved consolidated revenues of AED 34.9 billion, a substantial 23.3% rise compared to the same timeframe last year. Net profit experienced an even more dramatic upswing, climbing 60.7% to reach AED 8.8 billion. The company’s EBITDA grew to AED 15.4 billion, supported by a strong 44.1% margin, which was largely driven by the increasing adoption of its digital services and premium connectivity offerings. The Group’s subscriber base in the UAE also expanded significantly, reaching 15.5 million customers, fueled by the appeal of its AI-enhanced services, personalized digital interactions, and superior 5G network.
A landmark development was the introduction of the UAE Sovereign Cloud Launchpad, a joint venture with AWS and the UAE Cybersecurity Council. This billion-dollar project is designed to fortify the nation’s digital autonomy, secure its artificial intelligence infrastructure, and accelerate cloud-based innovation. It is projected to inject an estimated US $181 billion into the UAE’s digital economy by the year 2033. In parallel, e& entered into strategic alliances with Qualcomm Technologies to pioneer edge AI applications and develop next-generation 5G solutions for areas including smart transportation, industrial IoT, and immersive extended reality.
The company is further cementing its position in artificial intelligence through the establishment of a new AI Lab in partnership with Open Innovation AI. It also collaborated with the UAE Government’s Cyber Security Council to launch the Al Ain Innovation Centre. On the infrastructure front, e& UAE has achieved an impressive 99.5% coverage for fiber-to-the-home services and is now recognized as one of the world’s top performers for both mobile and 5G download speeds. For its corporate clients, the Group introduced advanced 5G network slicing, which facilitates real-time automation and private 5G networks for various industries. Additional innovations like AI-powered drone inspection services and the Trust Net + AI Net hybrid cloud platforms are delivering enhanced cybersecurity and greater operational dependability for businesses.
The e& life division reported substantial growth within its fintech and entertainment sectors. The e& money platform saw its transaction values triple, expanded financial accessibility through collaborations with First Abu Dhabi Bank, and introduced new gold investment products in partnership with SafeGold. Meanwhile, the STARZ ON streaming service surpassed 10 million installations, significantly broadening the company’s digital entertainment offerings.
Through its e& enterprise arm, the Group is continuing to lead AI-driven digital transformation initiatives. It has formed key partnerships with industry leaders like Microsoft, Emeritus, and Exeed Industries to promote smart manufacturing and the widespread adoption of industrial IoT technologies. Its cybersecurity subsidiary, Help AG, earned new accolades in the health and aviation sectors for its sophisticated, AI-based threat detection systems.
Internationally, e& has been actively expanding its footprint. The acquisition of Serbia Broadband (SBB) marked a significant move, while operations in Saudi Arabia, Morocco, Egypt, and Pakistan were strengthened. Subsidiaries in these regions are accelerating the deployment of 5G networks, expanding fiber optic infrastructure, and rolling out new digital finance projects.
Commenting on the results, H.E. Jassem Mohamed Bu Ataba Alzaabi, Chairman of e&, stated, “Our record-breaking performance is a testament to e&’s strategic resilience and forward-looking vision. We are dedicated to empowering the knowledge economy and fostering societies built on innovation throughout all the markets we serve.”
(Source: MEA Tech Watch)