e& has kicked off 2026 with outstanding financial results, demonstrating remarkable growth across all business segments and reinforcing its status as an innovator in the digital landscape. The company's strategic vision continues to drive significant value creation, positioning it as one of the most dynamic players in the global technology sector.
The Group reported consolidated revenues of Dh16.9 billion for the first quarter, marking an impressive 18.7% year-over-year increase. Net profits soared to Dh5.4 billion - an extraordinary 129.9% surge compared to Q1 last year - while EBITDA climbed to Dh7.4 billion, representing a healthy 15.4% annual growth rate.
Customer acquisition momentum remained strong with total subscribers growing by nearly13% YoY to reach194.8 million worldwide.The UAE operations alone served15.3 million customers,demonstrating sustained demand for e&'s cutting-edge connectivity solutions,AIdriven services,and premium digital offerings that are transforming how people live and work.
"Our first quarter performance sets new benchmarks for operational excellence and financial discipline," said Hatem Dowidar,e& Group CEO."These results validate our transformation into a global technology powerhouse while maintaining our leadership in core markets.We're systematically executing our strategy—delivering superior network experiences,growing intelligently in high-growth sectors,and maximizing returns for our valued shareholders through disciplined capital allocation."
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