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BusinessSaudi ArabiaTechnologyUnited Arab of Emirates

e& Reports Record Growth and Expands AI and 5G Initiatives

Last updated: March 12, 2026 11:55 PM
2 Min Read
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e& has entered 2026 with strong momentum, announcing record financial results while accelerating its investments in artificial intelligence and next-generation connectivity. The UAE-based technology group continues to transform from a traditional telecom operator into a global digital powerhouse.

 

The company recently revealed that its total revenue reached AED 72.9 billion in 2025, marking a 23 percent year-on-year increase, while net profit climbed significantly to AED 14.4 billion. The strong financial performance reflects growing demand for digital services, enterprise solutions, and telecom connectivity across its global markets.

With operations spanning Asia, Africa, the Middle East, and Europe, e& now serves more than 240 million subscribers, strengthening its position as one of the largest telecommunications and technology companies in the region.

Another major development in March 2026 is a leadership transition at the company. Hatem Dowidar, who has led the company through a major transformation over the past six years, is stepping down from his role as Group CEO. He will be succeeded by Masood M. Sharif Mahmood, marking a new chapter in the company’s leadership.

Artificial intelligence is also becoming a central focus of e&’s long-term strategy. The company has recently partnered with U.S.-based AI startup Emergence AI to deploy advanced “agentic AI” systems across the Middle East, North Africa, and Türkiye. These technologies are designed to automate complex business processes and support digital transformation across industries including finance, healthcare, and government services.

At the same time, e& continues to strengthen its telecommunications infrastructure. The company has partnered with BroadForward to enhance secure 5G roaming capabilities between global telecom networks, ensuring faster and more secure connectivity as 5G adoption continues to expand worldwide.

 

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