UAE telecom group e& reported record financial results for the year ended Dec. 31, 2025, and announced a leadership transition as Group CEO Hatem Dowidar prepares to step down.
In its full year update, e& said consolidated revenue rose 23.1 percent year on year to AED 72.9 billion, while consolidated net profit increased 33.6 percent to AED 14.4 billion. EBITDA reached AED 32.0 billion, up 21.1 percent, and earnings per share rose to AED 1.65 from AED 1.24.
The board proposed a second half 2025 cash dividend of 47 fils per share, taking the full year dividend to 90 fils, and said total dividends are expected to reach 95 fils per share in 2026.
e& said its subscriber base grew 31.3 percent to 244.7 million. Dowidar will leave on March 31, 2026, and Masood M. Sharif Mahmood will take over on April 1.
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