Abu Dhabi – Mubasher: The annual general meeting (AGM) of e& approved a cash dividend of AED 0.83 per share for 2024, according to a press release.
The dividends amount supports the group's commitment to delivering consistent value through a progressive dividend policy announced last year for its shareholders.
Jassem Mohamed Bu Ataba Alzaabi, Chairman of e&, stated: “e& delivered record consolidated revenues of AED 59.20 billion, growing 10.10%, and record net profit of AED 10.80 billion, growing 4.30% in 2024.”
Alzaabi added: “As we look to the future, e& is committed to growth and transformation across 38 countries in the Middle East, Africa, Asia, and Central and Eastern Europe. Our ambition is to innovate, lead, and deliver greater value for those we serve. Together, we will continue shaping a brighter, more digitally empowered future.”
Hatem Dowidar, Group CEO of e&, said: “We leveraged our presence of telecom and digital services across 38 countries to deliver enhanced dividends and a stronger performance, cementing trust among our stakeholders.”
“As we look ahead, we do so with a clear vision: to lead with purpose, collaborate with impact, and innovate for the future. 2025 will see us deepen our focus on digital transformation, scale our AI and data-driven solutions, and drive inclusivity in technology access,” Dowidar highlighted.
