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- Bahrain All Share Index, Islamic Index close higher
- Ithmaar Bank reports Q1 2025 profits
- Alba posts $48.2m Q1 profit, production costs impact
- Indosat Ooredoo Hutchison pushes for Sovereign AI to power Indonesia's growth
- Dukhan Bank names QR1,000,000 Thara'a grand prize winner
- Khaled Al-Falah: NIC's AGM approves 22% cash dividend based on share nominal value
- Kuwait, Hong Kong sign 24 MoUs
- Diriyah set to offer $5.3bn worth fit-out contracts
- Swiss innovation, green tech, and art shine at Oman Sustainability Week 2025
- QSE index slips 10.84 points at market open
30/04/2025 07:54 AST
e& has delivered a strong start to 2025, continuing its trajectory of growth and digital leadership. The group posted strong performance across key financial indicators, reflecting the strength of its strategy and rising impact as a global technology group.
Consolidated revenue increased to Dh16.9 billion, growing 18.7 per cent year-on-year (YoY), while consolidated net profit increased to Dh5.4 billion - a growth of 129.9 per cent compared to the same period last year. The Group's EBITDA reached Dh7.4 billion, growing 15.4 per cent YoY.
The group's total subscriber base reached 194.8 million, an increase of 12.9 per cent YoY, while the number of e& UAE subscribers reached 15.3 million, underscoring the continued demand for e&'s next-generation connectivity, AI-powered solutions, and innovative digital experiences.
Hatem Dowidar, Group Chief Executive Officer of e&, said: "Q1 2025 marks another milestone in e&'s journey, with a strong performance across all fronts. We are translating our ambition into measurable performance via achieving robust financial performance, retaining our network leadership, scaling our footprint across high-potential markets and optimising our assets profile to create a sustainable value for our shareholders."
Khaleej Times
16/04/2025
E& shareholders on Tuesday approved the Board's recommendation for FY 2024 of cash dividend of 83 fils (Dh0.83) per share for the fiscal year 2024.
Jassem Mohamed Bu Ataba Alzaabi, Chairman
Khaleej Times
03/04/2018
Etisalat has announced it has reduced its roaming rates for voice calls, SMS and data starting from April 1.
It said in a statement that pre- and post-paid customers will benefit discounte
The National
22/03/2018
At Etisalat's annual general meeting, held at the company's headquarters in Abu Dhabi, shareholders have backed the board's recommendation to pay full-year 2017 dividends of 80 fils per share. The AG
The Gulf Today
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15/05/2025
Ithmaar Bank, a Bahrain-based Islamic retail bank, reported profits for the first quarter of the year as it announced its financial results for the three-month period ended March 31.
Ithmaa
BNA
15/05/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has reported a profit of BD18.1 million ($48.2 million) for the first quarter of 2025, a drop of 25.9% year-over-year (YoY
Trade Arabia
15/05/2025
Indosat Ooredoo Hutchison is spearheading the development of sovereign AI to elevate Indonesia's economic trajectory, according to president director and CEO, Vikram Sinha.
"Indosat has a lar
Gulf Times
15/05/2025
Dukhan Bank has announced that Saad al-Kuwari has won the QR1,000,000 grand prize in the latest draw of Thara'a, the bank's Shariah-compliant savings account.
The draw was conducted under the
Gulf Times
15/05/2025
National Investments Company held its Ordinary AGM for the fiscal year ended December 31, 2024, and immediately following this, the Extraordinary General Assembly Meeting was convened on Wednesday, M
Kuwait Times
Financial Information Co.
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