The 'E&' group announced its consolidated financial results for the year ending December 31, 2025, continuing its growth momentum and achieving strategic progress across all business pillars. Consolidated revenue rose to 72.9 billion dirhams, achieving a 23.1% year-on-year growth compared to 2024. Consolidated net profit for 2025 increased to 14.4 billion dirhams, a 33.6% increase from the previous year. EBITDA for 2025 reached approximately 32 billion dirhams, marking a 21.1% annual increase.
In terms of subscribers, the group's global subscriber base grew to 244.7 million, representing a 31.3% year-on-year increase. In the UAE, 'E& UAE' subscriber numbers reached 16.3 million, an 8.4% annual increase, driven by rising demand for advanced communication solutions, AI-powered services, and digital experiences designed to meet the evolving needs of all individual and corporate customers.
The Board of Directors proposed a cash dividend of 47 fils per share for the second half of 2025 (July to December), bringing the total annual dividend distribution to 90 fils per share. The Board also announced that the total dividend per share for 2026 will reach 95 fils, confirming 'E&'s continued commitment to delivering added value to its shareholders.
Additionally, 'E&' announced that Group CEO Hatem Dwidar has decided to step down from his position after six years in the role. The Board of Directors accepted his resignation, with his last day of service being March 31, 2026. Hatem Dwidar has led the 'E&' group since 2020, overseeing its strategy of transformation and global expansion.
The Board of Directors also decided to appoint Masoud Sherif Mahmoud as the new Group CEO, effective April 1 of the following year, while retaining his current position as CEO of 'E& UAE', a role he has held since 2021.
Commenting on the results, 'E&' Board Chairman Jasim Mohamed Buatabe Al Zaabi said: 'The rapid growth in the group's revenue and record financial results for 2025 confirm the success of our strategy to transform into a leading global technology group, built on solid business foundations. The group is shaping the future in new sectors of communications, technology, and various enterprise, financial, and entertainment solutions'.
In turn, Hatem Dwidar said: 'I am proud to have led E& during its strategic transformation phase, and I am proud of what we have accomplished together, particularly in developing business models and global expansions, as well as in creating new growth engines for the future. The record financial results achieved in 2025 reflect the strength of our strategy, the flexibility of our operating model, and the dedication of our employees'.
