Share This Article
E& Group, the Abu Dhabi-based technology conglomerate, has announced a significant leap in its performance for the first half of 2025. The company’s consolidated net profit jumped by an impressive 60.7% to Dh8.8 billion, while its consolidated revenue grew by 23.3% to Dh34.9 billion. This remarkable growth is attributed to the group’s strategic investments in key technologies like AI, cloud, and 5G, as well as its expansion across a diverse global portfolio. The company’s global subscriber base also expanded, reaching 198 million.
Driving Growth Through Strategic Innovation and Global Expansion
E&’s success is a result of a two-pronged strategy: leading technological innovation at home and expanding its footprint abroad. In the UAE, the company’s subsidiary, e& UAE, has maintained its leadership by achieving near-total fibre-to-the-home coverage and launching the region’s first commercial 5G network slicing solutions. Globally, the group has strategically acquired and partnered with companies in key markets, including the acquisition of Serbia Broadband and the continued growth of its affiliates in Hungary, Bulgaria, Saudi Arabia, Morocco, and Pakistan.
A Diversified Push into New Verticals
Beyond its core telecom business, E& is actively growing its influence in various new sectors. The article highlights significant milestones in:
- Digital Finance: Its e& money service tripled its transaction value, and its neobank partner was recognized as the best in the Middle East.
- Entertainment and Media: Its entertainment arm, evision, saw a surge in user engagement driven by exclusive sports content.
- Enterprise and Health: The company expanded its presence in healthcare and manufacturing with new AI and IoT-enabled solutions, including the world’s first AI voice assistant for operating rooms.
This diversification is central to the company’s long-term strategy, demonstrating its evolution from a traditional telecom provider into a global technology and investment group.