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

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Consolidated revenue for the first half increased to AED 38.1 billion, achieving 11.6% growth YoYThe Group’s consolidated net profit reached AED 6.0 billion, growing by 2.4% YoY (excluding the gain from the sale of Khazna and the Maroc Telecom settlement in H1 2025)EBITDA reached AED 17.7 billion, an increase of 13.1% compared to the same period last year, with a profit margin of 46.5%Interim DPS of 47.5 fils, an increase of 10.5% compared to the same period last year Strategic portfolio reset to sharpen the focus on strengthening core businesses with the sale of stake in Vodafone at a premium to the market price, and the partial sale of 12.5% stake in Careem Technologies

ABU DHABI, UAE, July 30, 2026 /PRNewswire/ — e& today announced its financial results for the first half of 2026 (H1 2026), delivering strong financial and business performance that reflects the Group’s ability to sustain growth across its home market and international operations. This performance was driven by a clear strategy focused on core businesses, comprehensive digital transformation, and accelerating AI-powered innovation.

During the first six months of this year, e& recorded strong growth in its consolidated revenue, reaching AED 38.1 billion, representing an increase of 11.6 per cent year-on-year (YoY). Consolidated net profit reached AED 6.0 billion, marking YoY growth of 2.4 per cent, excluding the gain on the sale of Khazna and the impact of the Maroc Telecom (MT) settlement in 2025.

EBITDA in H1 2026 reached AED 17.7 billion, a YoY increase of 13.1 per cent, resulting in a strong EBITDA margin of 46.5 per cent. These financial results are supported by the continued growth of the Group’s overall subscriber base, which grew by 30.4% per cent to reach 251.5 million subscribers, while the number of e& UAE subscribers reached 16.5 million, an increase of 6.4 per cent YoY.

This performance reflects growing customer demand for the Group’s portfolio of innovative services and solutions, as well as its ability to meet increasing demand for advanced connectivity infrastructure and deliver differentiated, AI-enhanced digital experiences for consumers and businesses.

Following a comprehensive strategic review of the Group’s international investment portfolio after the end of the second quarter, e& successfully completed the sale of its entire stake in Vodafone Group Plc. The transaction generated gross cash proceeds of AED 21.9 billion (USD 5.95 billion) and net cash return of AED 4.8 billion (equivalent to USD 1.3 billion). Similarly, e& completed the sale of 12.5 per cent of its 50.03 per cent stake in Careem Technologies to Uber for total consideration of AED 367 million (USD 100 million). 

Financial Highlights for H1 2026

H1 2026

H1 2025

% Change

Q2 2026

Q2 2025

% Change

Consolidated
Revenue (1)

38.1 billion
dirhams

34.2 billion
dirhams

11.6 %

19.2 billion
dirhams

17.7 billion
dirhams

8.7 %

Consolidated
Net Profit

6.0 billion
dirhams

5.9 billion
dirhams (2)

2.4 %

3.1 billion
dirhams

3.1 billion
dirhams (2)

1.1 %

EBITDA (1)

17.7 billion
dirhams

15.7 billion
dirhams

13.1 %

9.0 billion
dirhams

8.2 billion
dirhams

9.8 %

Earnings Per
Share

AED 0.69

AED 0.67
(2)

2.4 %

AED 0.36

AED 0.35
(2)

1.1 %

Total Group
Subscribers

251.5 million
subscribers

192.9
million
subscribers
(3)

30.4 %

251.5
million
subscribers

192.9
million
subscribers
(3)

30.4 %

UAE
Subscribers

16.5 million
subscribers

15.5 million
subscribers

6.4 %

16.5 million
subscribers

15.5 million
subscribers

6.4 %

(1)  Financial results of 2026 and comparative 2025 excludes Careem Technologies due to the deconsolidation after the partial sale of 12.5% stake.

(2)   Q2 2025 net profit & EPS adjusted for the impact of MT settlement, while H1 2025 net profit and EPS are adjusted for the impact of MT settlement and
the gain from sale of Khazna 

(3)  Adjusted for Maroc Telecom reported number

Commenting on the financial results, H.E. Jassem Mohamed Bu Ataba Alzaabi, Chairman of e& Group, said: “Our results today confirm that the Group is making steady progress towards leading the digital future. We have successfully navigated regional and global challenges with agility and turned these challenges into real opportunities for business growth. 

“Our financial performance in the first half of 2026 reflects the success of our strategy, which is built on the strength of e&’s core business portfolio, alongside our continued investments in technology infrastructure and advanced digital solutions. This has provided us with a solid foundation to sustain growth and reinforce our leadership across regional and international markets, as clearly demonstrated by consolidated revenue of AED 38.1 billion in the first half of 2026.

“The ongoing and rigorous assessment of our international investments is one of the key pillars through which we maintain e&’s financial strength and ensure the highest value and returns for shareholders. The completion of the sale of our stake in Vodafone in July 2026 generated AED 21.9 billion in cash proceeds and resulted in a net cash gain of AED 4.8 billion.

“Guided by the vision and support of the UAE’s wise leadership, e& will continue to play a role in shaping the digital landscape and advancing social and economic progress. We will continue to strengthen our position and explore new technological frontiers, building on solid foundations to drive long-term growth and strengthen our leadership as a trusted partner in enabling comprehensive digital transformation. We will also continue to deliver innovations that strengthen the UAE’s position on the global technology map.”

Masood M. Sharif Mahmood, Group Chief Executive Officer of e& Group, said: “Despite the recent regional and global challenges, e& demonstrated the strength of its operating model and its ability to adapt throughout the first half of 2026. We also achieved a consolidated net profit of AED 6.0 billion and EBITDA of AED 17.7 billion, with a strong margin of 46.5% while maintaining healthy cash flows. This financial performance was further supported by continued growth in the Group’s total subscriber base, which increased by 30.4% to reach 251.5 million subscribers.

“These results are a testament to our proactive risk management, the diversification of our portfolio across telecommunications and digital businesses, and the integration of innovative AI applications, this reinforces shareholder confidence in our ability to lead the digital future.

“Our strategy for long term growth is built on our ability to strengthen and improve our operating model, ensuring it remains responsive to regional and global shifts. This enables us to deliver strong returns that reflect disciplined capital management and flexibility in capital and asset rotation. Our strong financial position allows us to capture promising opportunities and continue developing future-ready digital infrastructure.

The Group Chief Executive Officer concluded: “e&’s greatest strength lies in its ability to ensure business continuity while delivering reliable digital services enhanced by advanced AI capabilities. e& maintained service continuity, strengthened network readiness, supported remote work and education ecosystems, and provided reliable digital infrastructure for individuals, businesses, and government entities. The Group has demonstrated its ability to fulfil its national and economic role, guided by the forward-looking vision of the UAE’s wise leadership.”

CONTACT: Nancy Sudheer, +971 50 705 5290, email: nsudheer@eand.com

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SOURCE e&

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Creality Launches SPARKX i7 Nano: Bringing Compact Multi-Color Printing to $299

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HOUSTON, Aug. 15, 2026 /PRNewswire/ — Creality, a global leader in the 3D printing industry, today announced the availability of the SPARKX i7 Nano, the latest addition to its i7 series. This desktop 3D printer saves space while delivering premium print quality across up to four colors. With a minimalist design that fits easily on a desk, the i7 Nano makes multi-color 3D printing more compact, affordable, and accessible.

Following the January debut of the i7 Color Combo, the i7 Nano is also built for smarter, more effortless 3D printing. It integrates AI-powered capabilities that simplify both creation and printing, including CubeMe for automatically turning 2D portraits into multi-color 3D models. A built-in 720p AI camera monitors prints for common failures such as spaghetti and air printing, while vibration compensation and dynamic pressure adjustment help maintain consistent print quality.

Beyond these shared features, the i7 Nano comes with an integrated spool holder and optimized filament layout, taking up less desktop space and making it easier to fit into compact workspaces. The spool holder mounts directly onto the printer body with a convenient snap-on design, eliminating the need for an external CFS Lite. This compact solution keeps the printer’s footprint small while maintaining a clean appearance without compromising printing performance.

Paired with the new CFS nano Kit, a small unit mounted on top of the printer, the i7 Nano enables vibrant multi-color printing with automatic filament switching for up to four colors. The CFS nano features a dual-motor system, with one motor controlling filament channel switching and the other handling filament feeding and retraction. This ensures smooth and efficient color changes while keeping the overall setup streamlined. The CFS nano also allows quick installation without complex disassembly or modifications and is compatible with existing i7 units.

The i7 Nano features a build volume of 260 × 260 × 255 mm and a maximum printing speed of up to 500 mm/s. It supports a hardened steel nozzle with a maximum temperature of 300°C and multiple nozzle diameters, including 0.2, 0.4, 0.6, and 0.8 mm. It is also equipped with automatic bed leveling, RFID filament reading and automatic filament refill to deliver an easy-to-use and reliable printing experience for beginners.

The SPARKX i7 Nano with CFS nano Kit will be available starting from August 15 for $299 in the U.S. at the Creality US Store.

View original content to download multimedia:https://www.prnewswire.com/news-releases/creality-launches-sparkx-i7-nano-bringing-compact-multi-color-printing-to-299-302851758.html

SOURCE Creality

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CATL and Quinbrook Build on Supernode Partnership Following Stage 2 and Stage 3 Major Milestones

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BRISBANE, Australia, Aug. 15, 2026 /PRNewswire/ — Quinbrook’s Supernode battery energy storage project has completed Stage 2 commercial operation and reached financial close on A$469 million financing for Stage 3, marking a further milestone in the phased development of Australia’s largest operational BESS campus.

With planned capacity expected to exceed 3 GWh, Supernode is supported by CATL as its core energy storage system supplier for all three stages, providing advanced storage solutions and lifecycle support to enable reliable long-term operation.

Located at Brendale, north of Brisbane, Supernode is adjacent to the South Pine substation, a key hub in the Queensland power system and the regional reference node for marginal loss factors (MLFs). This location provides a favourable MLF position and approximately 4,000MW of available connection capacity for phased expansion. The project’s development coincides with Queensland’s accelerating energy transition and the infrastructure investment cycle.

Stage 3 has reached financial close on A$469 million in debt financing, bringing total project financing across Supernode Stages 1, 2 and 3 to approximately A$1.2 billion. Across its first three stages, Supernode is set to reach 780MW / 3,074MWh. Capacity across the three stages has been contracted under long-term offtake arrangements. 

The long-term value of such assets depends on the continued availability, operational efficiency, safety and reliability of their energy storage systems. CATL has provided EnerC Plus systems for Stages 1 and 2 and will supply TENER S systems for Stage 3, establishing a consistent technology platform across the campus.

In close collaboration with Quinbrook, CATL has supported project-specific design optimisation to enable high-density deployment within the constraints of available industrial land. EnerC Plus supports back-to-back installation, reducing the required site footprint by approximately 20% compared with EnerC. Its integrated liquid-cooling system maintains an internal container temperature differential within 5°C and is designed to deliver reliable operation over a 20-year lifecycle.

CATL’s contribution extends beyond equipment supply. Under a Long-Term Service Agreement (LTSA), CATL will further support the full lifecycle of the energy storage asset through condition monitoring, performance tracking, fault response and preventive maintenance to help ensure reliable long-term operation. CATL’s proven product performance, scalable delivery capabilities and lifecycle service model provide greater confidence in the long-term reliability and performance of the energy storage asset.

Tim Hornemand, Managing Director and Regional Lead, Australia, at Quinbrook, said:
“Achieving commercial operations for Stage 2 means we’ve successfully delivered both Origin-contracted stages on schedule, an outcome we’re incredibly proud of given the complexity of commissioning utility-scale battery storage projects in Australia. With Stage 3 now fully financed, we’ve reached another important milestone in Supernode’s continuing development. The ongoing support of our banking partners also reflects confidence in the Supernode project, our delivery track record and the long-term outlook for battery storage in Australia.”

Tan Libin, CCO and Co-President of Sales & Marketing at CATL, said:
“Energy storage is evolving from a standalone technology deployment into a strategic energy asset. The next stage of industry development will depend not only on technological advancement, but also on the ability to create long-term value through collaboration, innovation and scalable deployment. At CATL, we are committed to working with partners to unlock the full potential of energy storage assets and support the transition toward a more flexible and resilient energy system.”

CATL and Quinbrook are also working together on EnerQB, an eight-hour battery storage solution being considered for future stages of the Supernode development. The initiative builds on CATL’s role as energy storage system supplier across Supernode’s first three stages. CATL will continue to work with partners worldwide to deliver reliable technologies, scalable solutions and lifecycle support.

SOURCE CATL

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Nocpix Nature Launches Rovex, a Large-Screen Thermal Solution for Faster Bird Discovery

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LONDON, Aug. 15, 2026 /PRNewswire/ — Nocpix Nature today introduced Rovex, a lightweight large-screen handheld thermal imaging camera designed to help birdwatchers, wildlife observers, and outdoor nature enthusiasts find birds more easily in challenging viewing conditions.

Rovex brings a new approach to bird search by combining a 5-inch large display, wide-field thermal imaging, and AI-assisted tracking in a lightweight handheld design. Rather than replacing binoculars or other birdwatching optics, Rovex is designed to help users locate birds faster when low light, dense vegetation, or complex surroundings make visual searching more difficult.

A Wider View for Faster Bird Discovery

Finding a bird is often the first challenge. Rovex’s 5-inch screen and 17.5° × 13.1° field of view allow users to scan a broader area with each sweep while viewing thermal information on a larger display. The open viewing experience makes it easier to search for potential wildlife activity without being confined to a narrow viewing window.

AI-Assisted Search for Faster Discovery

Rovex’s AI Smart Tracking helps highlight potential bird heat sources and guide attention toward areas of interest. By supporting the search process rather than simply displaying thermal imagery, Rovex helps birdwatchers identify where to look and spend less time scanning areas where nothing is happening.

Thermal Imaging When Nature Gets Harder to See

When birds blend into dense cover or become difficult to spot as light fades, thermal imaging can provide another way to search. Rovex combines a 384 × 288 @ 12μm thermal sensor with advanced image processing, including R+ Super-Resolution, smart denoising, and target highlighting, to help thermal signatures stand out against complex backgrounds.

With a lightweight design of less than 290g, Rovex is built for comfortable outdoor use and extended searching. It gives birdwatchers a practical tool for finding wildlife that might otherwise go unnoticed.

Rovex marks Nocpix Nature’s first step toward making wildlife observation smarter, easier, and more rewarding — Smart Ways to Discover.

About Nocpix Nature

Nocpix Nature is designed for birdwatchers and nature enthusiasts seeking more from their outdoor experiences. Powered by proprietary sensor technology and advanced AI image algorithms, Nocpix Nature develops intelligent, user-friendly observation tools that make it easier to discover, identify, record, and share wildlife moments. We believe observation goes beyond simply seeing—it is about building a more meaningful relationship with the natural world.

For further information:
Nocpix Nature Marketing Team
Email: info@nocpixnature.com
Website: www.nocpixnature.com

View original content:https://www.prnewswire.com/news-releases/nocpix-nature-launches-rovex-a-large-screen-thermal-solution-for-faster-bird-discovery-302852250.html

SOURCE Nocpix Nature

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