e& Reports Record Profit in 2025, Plans Dividend Increase for 2026

Feb 24, 2026

66 min

Feb 24, 2026 16:31

## Record Financial Performance

In 2025, e&, a leading UAE telecom company, achieved significant financial growth. The company reported a 23.1% increase in revenue, reaching Dh72.9 billion, compared to Dh59.2 billion in 2024. Net profit surged by 33.6% to Dh14.4 billion, while EBITDA rose 21.1% to Dh32.0 billion. Earnings per share also improved, climbing to Dh1.65 from Dh1.24 the previous year.

## Subscriber Growth

The telecom group experienced a substantial rise in its subscriber base, which expanded by 31.3% to 244.7 million. This growth was largely driven by its operations in Asia, Africa, the Middle East, and Central and Eastern Europe. In the UAE alone, subscribers increased by 8.4% to 16.3 million.

## Dividend Increase

For 2026, e& plans to raise its annual dividend to 95 fils per share. The board has proposed a second-half dividend of 47 fils per share for 2025, culminating in a total payout of 90 fils for the year.

## Leadership Change

The company announced a leadership transition, with Group CEO Hatem Dowidar stepping down at the end of March. Masood M. Sharif Mahmood, the current head of e& UAE, will assume the role of Group CEO starting in April.

## Strategic Investments

e& attributes its strong performance to strategic investments in telecom, enterprise, fintech, and digital platforms, alongside its international market expansion.

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