The “E & Group” has announced its consolidated financial results for the year ending December 31, 2025, highlighting sustained growth and strategic advancements across all business pillars.
Consolidated revenue increased to 72.9 billion AED, marking an annual growth of 23.1% compared to 2024, while net profit rose to 14.4 billion AED, a 33.6% increase from the previous year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached approximately 32.0 billion AED, reflecting a 21.1% year-over-year growth.
On the subscriber front, the group’s global subscriber base grew to 244.7 million, representing a yearly increase of 31.3%. In the UAE, “E & Emirates” reported 16.3 million subscribers, an 8.4% annual rise, driven by the growing demand for advanced communication solutions and AI-supported services designed to meet the evolving needs of both personal and corporate customers.
Cash Distributions
The Board of Directors proposed a cash dividend of 47 fils per share for the second half of 2025 (from July to December), leading to a total annual dividend of 90 fils per share. The Board also announced that total dividends per share would reach 95 fils in 2026, reaffirming the group’s commitment to providing added value to its shareholders.
E & Group announced that Hatem Dwider, the CEO of the group, will step down after six years in the role, with the Board accepting his resignation.
Hatem Dwider has led E & Group since 2020, managing its transformation and global expansion strategy. Under his leadership, E & Group has accelerated its strategic evolution from a regional telecom operator to a global technology powerhouse, enhancing its presence in the Middle East, Africa, Asia, and Europe while developing business pillars that include digital, fintech, enterprise services, and digital lifestyle.
During his tenure, the group achieved record financial performance and strengthened its position as one of the world’s prominent technology and communications brands.
The Board appointed Masoud M. Sharif Mahmood as the new CEO of E & Group starting April 1, 2026, while he will retain his current position as CEO of E & Emirates since 2021.
Enterprise Solutions
His Excellency Jassem Mohammed Bouatabah Al Zaabi, Chairman of E & Group, stated: “The accelerating growth in the group’s revenues and record financial results for 2025 underscore the success of our strategy in transforming into a leading global technology group based on strong business foundations. The group is shaping a new future in communications, technology, enterprise solutions, and diverse entertainment sectors.”
He concluded, “On behalf of the Board, I’d like to thank the CEO of E & Group, Hatem Dwider, for his successful leadership and the outstanding performance of the group during his tenure. Hatem played a pivotal role in the success of the group’s transformation strategy and maximizing financial returns for shareholders in the long term. We wish him the best in his future endeavors.”
Global Expansions
Hatem Dwider commented, “I take pride in leading E & Group during its strategic transformation phase and am proud of what we have accomplished together, particularly in developing business models and global expansions, alongside creating new growth engines for the future. The record financial results achieved in 2025 reflect the strength of our strategy, the resilience of our operational model, and the dedication of our employees.”
“I extend my sincere gratitude to the Chairman, board members, leadership team, and all our employees for their unwavering commitment and support. I am confident that E & Group will continue its success in the years ahead under the leadership of CEO Masoud M. Sharif Mahmood.”
Masoud M. Sharif Mahmood expressed, “I would like to express my profound gratitude for taking on the role of CEO of E & Group and for the opportunity to lead this ambitious global entity.” He added, with over 25 years of experience in senior positions in telecommunications, investments, and technology:
“I extend my thanks to engineer Hatem Dwider for his leadership and exceptional partnership, and to the Chairman and the board for their trust and full support. I look forward to continuing our shared achievements with our talented teams and partners across the globe.”
E & Group will continue to focus on implementing its strategic priorities, integrating advanced technologies including AI into its operations, and delivering sustainable value to its shareholders, customers, partners, and the communities it serves.
Digital Sovereignty
In a move reinforcing the digital sovereignty of the UAE, E & Group announced the commercial launch of the UAE sovereign launch platform in partnership with Amazon Web Services (AWS), certified by the UAE Cyber Security Council. This initiative will enable the country to achieve full sovereignty and security over its data while supporting its ambitious goals in digital infrastructure.
The group successfully completed the sale of its entire 40% stake in “Khazna” for 2.2 billion USD (approximately 8 billion AED) and strengthened its leadership in future technologies through a strategic partnership with Qualcomm Technologies to accelerate digital transformation in the UAE by developing advanced 5G solutions and edge AI.
In partnership with IBM, E & Group launched the watsonx platform for AI governance, aimed at enhancing compliance, oversight, and ethical practices within its growing integrated ecosystem. The group also launched a joint study with IBM Institute titled “AI in the Middle East and North Africa: A Path to Progress and Leadership,” highlighting the region’s potential to become a global player in this domain.
As part of its academic collaboration, E & Group signed a memorandum of understanding with New York University Abu Dhabi to enhance research and development in sixth-generation technologies. Similarly, the group partnered with the “Butterfly” foundation and the universities of Wollongong and Zayed to launch a program supporting students and new graduates with disabilities, helping them acquire necessary skills and explore suitable career paths in an inclusive and supportive environment.
E & Group’s wholesale services unit expanded its international presence in 2025 by opening new offices in Miami, Florida, and Johannesburg, South Africa. This expansion marks a significant milestone in the group’s global expansion journey and bolsters its position as a key enabler of smart and seamless connectivity across continents.
In a strategic move to enhance organizational readiness for future challenges, the group also unveiled a business continuity service. E & Group celebrated its achievements by receiving the “S Category” rating, the top classification within the Dubai AI Seal initiative launched by the Dubai Artificial Intelligence Center.
The group also won the “Best Procurement Transformation” award, recognizing its innovative approach in transforming procurement processes into a strategic innovation driver through the adoption of AI technologies, advanced analytics, and agile practices.
E & Group entered into a strategic partnership with 4iG Group, a leading provider of communication services and infrastructure in Hungary and the Western Balkan region, to explore collaborative opportunities in marine and terrestrial network projects, data center development, and regional connectivity corridors linking the Middle East, North Africa, and Europe.
The group also launched the AI Academy, a strategic initiative aimed at enhancing its employees’ skills in artificial intelligence. The academy offers various training programs covering both foundational and advanced technical skills, contributing to innovation and improved operational efficiency.
The group celebrated the graduation of 25 Emirati citizens from the fifth batch of the AI graduates program, bringing the total beneficiaries of the program to 284 since its launch in 2021.
In collaboration with AWS, E & Group launched the “AI Nation – Horizons” program to train 30,000 individuals in AI and cloud solutions through the E & Academy.
The group also initiated the “Cybersecurity Startups Accelerator” program in partnership with Amazon Web Services, CrowdStrike, and the UAE Cyber Security Council, aiming to support over 500 Emirati startups.
E & Group launched the first sustainability hackathon in the Gulf Cooperation Council region in collaboration with several regional telecom companies to accelerate the transition to more sustainable energy-efficient networks while reducing electronic waste and enhancing innovation in digital infrastructure.
Finally, E & Group wrapped up 2025 by launching a new initiative aimed at harnessing technology to support the Arabic language and enhance its presence by developing a free keyboard specially designed for individuals accustomed to writing in “Arabizi.” The keyboard provides a familiar distribution of letters and numbers to ease their transition to writing in Arabic.
“E & Emirates”
E & Emirates launched the first advanced 5.5G network in the region, setting a new global standard in speed and reliability. The company commenced commercial operations for the RedCap technology on its advanced 5G network, marking the first live application of this technology in the country, thus broadening the 5G spectrum to encompass low-energy smart connections in IoT and wearable devices like smartwatches.
E & Emirates’ digital infrastructure contributed to achieving a global milestone for the UAE, recording the highest fiber-to-home network coverage of 99.5% worldwide, extending over 16 million kilometers and providing high-speed connectivity to over 2.97 million homes, as part of its “Fiber-First” strategy.
The company also played a crucial role in placing the UAE at the top of mobile data speed rankings, according to the Ookla Index, recognized for being the best service provider concerning mobile data upload speeds, including 5G networks. The company tested frequency bands of 6 GHz and 600 MHz, allocated by the Telecommunications and Digital Government Regulatory Authority for mobile international communication services.
For the first time in the region, E & Emirates launched business 5G network slicing solutions through its network. The company also introduced a next-generation enterprise communication platform that integrates its proprietary technologies, such as “Trust Net” and “AI Net,” ensuring seamless integration with global cloud service providers like Amazon Web Services, Microsoft Azure, and Oracle Cloud.
The company executed a private 5G network with Emirates Steel (Emsteel), adding advanced slicing features to support instant automation, predictive maintenance, and employee safety monitoring.
To support the business sector, E & Emirates worked on upgrading its 5G core network and established an AI center of excellence in collaboration with Intel. The company launched “MissionOn,” a secure national platform for instant voice and video communication designed for frontline teams.
E & Emirates continued to support national digital priorities through various impactful strategic partnerships, including its collaboration with the Ministry of Industry and Advanced Technology to support over 7,000 small and medium-sized enterprises that hold local value-added certificates as part of the UAE industrial strategy.
In an initiative aimed at enhancing the travel experience and developing digital services in the UAE, E & Emirates provided free SIM cards to visitors arriving through Abu Dhabi International and Sharjah International airports, enriching the digital experiences of tourists.
E & Emirates announced its plans with leading Emirati space technology company Space 42 to explore cooperation in direct connectivity between devices and satellites (D2D). This partnership is based on the Equatis platform.
The aim is to enable seamless connectivity with advanced 5.5G technology via satellites and terrestrial networks. Alongside Space 42, the company will also work on developing, testing, and applying vehicle-to-everything (V2X) communication technologies to enhance autonomous mobility capabilities and develop smart city infrastructure across the Emirates.
In collaboration with local Al Maryah Bank, E & Emirates successfully enabled the use of AE Coin payments across various E & channels and digital platforms, marking a historic step that solidifies the UAE’s leadership in innovative digital payments, establishing E & Emirates as a pioneer in adopting a fully licensed stablecoin from the central bank for bill payments and digital transactions.
On the institutional side, E & Emirates deepened its collaboration with Microsoft for the widespread deployment of the “M365 Copilot” program, aiming to transform the workplace environment through AI technologies.
Simultaneously, the two companies launched the “AI for Business Skilling” program, designed to equip small and medium-sized enterprises with essential AI skills.
In efforts to empower small and medium enterprises in the nation, E & Emirates formed a partnership with AI platform “Alaria” to provide tailored solutions for businesses, aimed at enhancing decision-making processes, operational efficiency, and cost management.
Moreover, E & Emirates, in collaboration with Open Innovation AI, launched a specialized AI lab to develop innovative local solutions and accelerate the pace of innovation. The company has also increased its collaboration with Samsung to provide the latest generation of AI-supported smartphones to its customers across the UAE.
The company unveiled the Neo Home service, offering new fiber optic packages with speeds up to 1 Gbps, ensuring a seamless viewing experience and faster download processes, alongside additional customizable TV services.
E & Emirates also launched a parental supervision service as a comprehensive solution for online connection and safety, allowing parents to filter content, monitor devices, and manage screen time for their children, ensuring a safer and more balanced digital experience for kids across the UAE.
The “Smiles” app experienced significant growth through a new partnership with “Tencent Cloud,” the cloud arm of the WeChat developer, aimed at enhancing digital commerce capabilities in the UAE.
The app also expanded its network of partners via an integration agreement with the “Etihad Guest” program, allowing customers to seamlessly exchange loyalty points between the two programs.
E & Emirates joined the “Father’s Fund” campaign, aimed at establishing a sustainable endowment fund of 1 billion AED to support healthcare for low-income patients, honoring fathers across the nation.
The company signed a partnership with the UAE Cyber Security Council to launch the Al Ain Innovation Center, enhancing the nation’s status as a global hub for innovation and digital transformation and building a sustainable knowledge economy.
In customer experience, the company received accolades from Forrester in recognition of its transformative efforts through initiatives like “Change Factors in Customer Experience,” and its endeavor to redesign the customer journey along with leadership engagement programs like “Customer Hour.”
The company also achieved three prestigious CAMARA Certifications within the GSMA Open Gateway initiative, acknowledging its efforts in digital domains and affirming its leadership in API innovation and interoperability.
“E & Capital”
In 2025, “E & Capital” successfully deployed its capital through a mix of leading regional companies and innovative global entities, reinforcing its commitment to supporting high-growth, innovation-driven enterprises.
E & Capital contributed to supporting Qlub in a funding round involving key regional and global investors, aiding the company’s international expansion and enhancing its smart payment platform tailored for restaurants.
The company also played a pivotal role in leading a Series A funding round for Fuze, alongside Galaxy, strategically aiming to support the development of the digital asset infrastructure platform in the Middle East and Turkey.
Additionally, E & Capital invested in launching the “Opus” platform of AppliedAI, an advanced enterprise business automation platform based on AI technologies targeting regulated sectors, enhancing operational efficiency and regulatory compliance.