e& reports 11.6% rise in H1 2026 consolidated revenue to AED 38.1 billion

EarningsCorporate Action

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Summary · why it matters

e& announced its consolidated revenue for the first half of 2026 rose 11.6 percent year-on-year to 38.1 billion dirhams. Consolidated net profit reached 6.0 billion dirhams, a 2.4 percent increase excluding the gain from the sale of Khazna and the Maroc Telecom settlement in the prior-year period. EBITDA climbed 13.1 percent to 17.7 billion dirhams, yielding a margin of 46.5 percent, while the total subscriber base expanded 30.4 percent to 251.5 million. The Group also declared an interim dividend of 47.5 fils per share, up 10.5 percent, and completed the sale of its entire stake in Vodafone for gross cash proceeds of 21.9 billion dirhams as well as a partial 12.5 percent stake in Careem Technologies to Uber for 367 million dirhams.