Latest news with #BusinessContinuityasaService
Arabian Post
01-08-2025
- Business
- Arabian Post
e& Delivers Strong Q2 Financials with Subscriber Surge
e& has reported an impressive net profit of AED 3.5 billion for the second quarter of 2025, up 9.7 per cent year‑on‑year, driven by a substantial rise in its global subscriber base. The company's performance outstripped the average analyst forecast of AED 2.84 billion, underlining robust execution in a competitive market. Consolidated revenue for Q2 rose 28.1 per cent to AED 18.0 billion, while earnings before interest, tax, depreciation and amortisation increased by approximately 22.2 per cent year‑on‑year to AED 8.0 billion, yielding an EBITDA margin of around 44–44.5 per cent. For the first half of 2025, the group's net profit surged 60.7 per cent to AED 8.8 billion, on consolidated revenue of AED 34.9 billion, up 23.3 per cent compared with the same period in 2024. Expansion of its subscriber base emerged as a key growth driver: the total number of users increased 13.1 per cent year‑on‑year to 198 million globally, including a rise to 15.5 million domestic subscribers in the UAE. Executives attribute this growth to rising demand for advanced connectivity, AI‑enabled services and bespoke digital solutions. ADVERTISEMENT Chairman H. E. Jassem Mohamed Bu Ataba Alzaabi said that the financial strength reflects disciplined strategy and long‑term value creation, citing initiatives such as the UAE Sovereign Cloud Launchpad launched with AWS and the UAE Cybersecurity Council, which targets digital sovereignty and is projected to add US$ 181 billion to the national digital economy by 2033. CEO Hatem Dowidar highlighted strategic divestments—such as exits from Khazna and Airalo—and expansion into new territories, including the acquisition of Serbia Broadband, as milestones in the company's growth path. Operational enhancements also supported performance. e& secured a Tier S rating under the Dubai AI Seal for responsible AI use, formed partnerships with Qualcomm to scale 5G and edge AI, and rolled out Business Continuity as a Service, an AI governance framework with IBM, and an AI lab in collaboration with Open Innovation AI. Financial metrics reveal strong cash generation and low leverage. Operating free cashflow rose 15.6 per cent year‑on‑year to AED 5.5 billion, with free cashflow margin around 30.7 per cent. Group net debt stood at AED 34.5 billion, yielding a modest net debt/EBITDA ratio of 1.19x, with a cash balance of AED 30.9 billion as of the end of Q2. Capital expenditure excluding spectrum and licence fees totalled AED 2.5 billion, representing a capex intensity of approximately 13.8 per cent. Analyst consensus indicates that e& is consolidating its position as a global telecom‑tech operator. Brand Finance named it the world's fastest‑growing brand, and the company has been expanding its footprint internationally, including launching a new office in Miami and forging partnerships across the Americas with Digicel. On the market front, performance in the sector is mirroring broader regional sentiment. UAE stock markets climbed driven by rising oil prices and optimism over trade agreements, lifting telecom shares, including a 1 per cent rise for Du following stronger quarterly results ■… While Emirates NBD, the UAE's largest lender, saw a profit decline in the first half of 2025 due to tax impacts and weaker recoveries, e& stands in contrast with strong growth momentum and robust profitability
Tahawul Tech
14-04-2025
- Business
- Tahawul Tech
e& launches Business Continuity as a Service (BCaaS)
e& recently announced the launch of Business Continuity as a Service (BCaaS) at the World Crises & Emergency Management Summit 2025, organised by the National Emergency Crisis and Disaster Management (NCEMA). BCaaS is a fully-managed service that supports organisations in identifying potential threats and building effective response mechanisms, empowering them to drive organisational preparedness and operational efficiency. This solution enhances protection by not only restoring and ensuring the continuity of business but also ensuring that this is achieved within a predefined timeframe. The service provides an integrated framework tailored to the needs of organisations across essential sectors, including government, federal entities as well as the private sector. By identifying potential threats and implementing effective response mechanisms, it enables organisations to maintain business continuity during disruptions, comply with legal and regulatory requirements, and reduce costs while boosting overall performance. This ensures organisations can deliver enhanced customer experiences, uphold stakeholder confidence, and focus on driving growth and achieving long-term strategic goals. Abdalla Rashid Alsaadi, Senior Vice President, Group Business Continuity & Crisis Management, e& UAE, said: 'Maintaining continuity in operations isn't just about keeping systems running; it's about protecting what defines a business – its integrity, reputation, and ability to deliver value. In today's digitally empowered world, resilience is the cornerstone of innovation and growth. Through our partnership with NCEMA, we're introducing BCaaS, a holistic solution to drive organisational resilience. This solution protects private and public sector organisations with a holistic approach, ensuring uninterrupted operations with tools that make them future-ready and enable them to adapt, innovate, and thrive'. e&'s BCaaS provides businesses with a comprehensive suite of solutions designed to ensure operational resilience and continuity. These include Business Continuity Management Systems (BCMS), crisis management planning, and support to meet legal and regulatory requirements, as well as achieving certifications like ISO 22301 and NCEMA 7000. The service also offers Disaster Recovery (DR) sites to manage unexpected disruptions and specialised training in business continuity and crisis management to embed resilience into company culture. Customers have the flexibility to purchase either the complete suite or select components of the core services. The introduction of BCaaS is an extension of e&'s strategic focus on equipping organisations with the tools needed to navigate today's unpredictable challenges. By prioritising resilience and operational continuity, e& continues to be a trusted partner for businesses aiming to safeguard their operations and drive sustained growth. Image Credit: e&
Mid East Info
12-04-2025
- Business
- Mid East Info
e& launches Business Continuity as a Service (BCaaS) - Middle East Business News and Information
Unified solution enables organisations to enhance resilience through proactive risk management, operational continuity, and compliance Abu Dhabi– e& today announced the launch of Business Continuity as a Service (BCaaS) at the World Crises & Emergency Management Summit 2025, organised by the National Emergency Crisis and Disaster Management (NCEMA). BCaaS is a fully-managed service that supports organisations in identifying potential threats and building effective response mechanisms, empowering them to drive organisational preparedness and operational efficiency. This solution enhances protection by not only restoring and ensuring the continuity of business but also ensuring that this is achieved within a predefined timeframe. The service provides an integrated framework tailored to the needs of organisations across essential sectors, including government, federal entities as well as the private sector. By identifying potential threats and implementing effective response mechanisms, it enables organisations to maintain business continuity during disruptions, comply with legal and regulatory requirements, and reduce costs while boosting overall performance. This ensures organisations can deliver enhanced customer experiences, uphold stakeholder confidence, and focus on driving growth and achieving long-term strategic goals. Abdalla Rashid Alsaadi, Senior Vice President, Group Business Continuity & Crisis Management, e& UAE, said: 'Maintaining continuity in operations isn't just about keeping systems running; it's about protecting what defines a business – its integrity, reputation, and ability to deliver value. In today's digitally empowered world, resilience is the cornerstone of innovation and growth. Through our partnership with NCEMA, we're introducing BCaaS, a holistic solution to drive organisational resilience. This solution protects private and public sector organisations with a holistic approach, ensuring uninterrupted operations with tools that make them future-ready and enable them to adapt, innovate, and thrive.' e&'s BCaaS provides businesses with a comprehensive suite of solutions designed to ensure operational resilience and continuity. These include Business Continuity Management Systems (BCMS), crisis management planning, and support to meet legal and regulatory requirements, as well as achieving certifications like ISO 22301 and NCEMA 7000. The service also offers Disaster Recovery (DR) sites to manage unexpected disruptions and specialised training in business continuity and crisis management to embed resilience into company culture. Customers have the flexibility to purchase either the complete suite or select components of the core services. The introduction of BCaaS is an extension of e&'s strategic focus on equipping organisations with the tools needed to navigate today's unpredictable challenges. By prioritising resilience and operational continuity, e& continues to be a trusted partner for businesses aiming to safeguard their operations and drive sustained growth. About e&: e& is a global technology group committed to advancing the digital future across markets in the Middle East, Asia, Africa and Europe. With the group's financial performance in 2024 showing a consolidated revenue of AED 59.2 billion and a net profit of AED 10.8 billion, e& continues to maintain its position as a financial powerhouse, reflected by its strong credit rating and solid balance sheet. Founded in Abu Dhabi over 48 years ago, e& has evolved from a telecom pioneer into a technology group. Its footprint now spans 38 countries, offering a comprehensive portfolio of innovative digital services ranging from advanced connectivity, entertainment, streaming and financial services to AI-powered solutions, cloud computing, ICT, cybersecurity and IoT platforms. The Group is structured around five core business pillars: e& UAE, e& international, e& life, e& enterprise and e& capital, each catering to distinct customer and market needs. These pillars empower e& to lead in various sectors, from telecom and digital lifestyle to enterprise services and venture investments. The ongoing strategic investments in AI, IoT, 5G and cloud services reinforce its leadership in the global technology landscape, driving the future of smart connectivity and innovation. Driven by innovation, sustainability and a commitment to digital empowerment, e& is set on creating a smarter, more connected future for individuals, businesses and communities.
Zawya
11-04-2025
- Business
- Zawya
E& launches 'Business Continuity as a Service'
E& today announced the launch of Business Continuity as a Service (BCaaS) at the World Crises and Emergency Management Summit 2025, organised by the National Emergency Crisis and Disaster Management (NCEMA). BCaaS is a fully-managed service that supports organisations in identifying potential threats and building effective response mechanisms, empowering them to drive organisational preparedness and operational efficiency. This solution enhances protection by not only restoring and ensuring the continuity of business but also ensuring that this is achieved within a predefined timeframe. The service provides an integrated framework tailored to the needs of organisations across essential sectors, including government, federal entities as well as the private sector. By identifying potential threats and implementing effective response mechanisms, it enables organisations to maintain business continuity during disruptions, comply with legal and regulatory requirements, and reduce costs while boosting overall performance. This ensures organisations can deliver enhanced customer experiences, uphold stakeholder confidence, and focus on driving growth and achieving long-term strategic goals. Abdalla Rashid Alsaadi, Senior Vice President, Group Business Continuity & Crisis Management, e& UAE, said, 'Maintaining continuity in operations isn't just about keeping systems running; it's about protecting what defines a business – its integrity, reputation, and ability to deliver value. In today's digitally empowered world, resilience is the cornerstone of innovation and growth. Through our partnership with NCEMA, we're introducing BCaaS, a holistic solution to drive organisational resilience. This solution protects private and public sector organisations with a holistic approach, ensuring uninterrupted operations with tools that make them future-ready and enable them to adapt, innovate, and thrive.' E&'s BCaaS provides businesses with a comprehensive suite of solutions designed to ensure operational resilience and continuity. These include Business Continuity Management Systems (BCMS), crisis management planning, and support to meet legal and regulatory requirements, as well as achieving certifications like ISO 22301 and NCEMA 7000. The service also offers Disaster Recovery (DR) sites to manage unexpected disruptions and specialised training in business continuity and crisis management to embed resilience into company culture. Customers have the flexibility to purchase either the complete suite or select components of the core services. The introduction of BCaaS is an extension of e&'s strategic focus on equipping organisations with the tools needed to navigate today's unpredictable challenges. By prioritising resilience and operational continuity, e& continues to be a trusted partner for businesses aiming to safeguard their operations and drive sustained growth.
Zawya
11-04-2025
- Business
- Zawya
E& launches Business Continuity as a Service
Abu Dhabi – e& today announced the launch of Business Continuity as a Service (BCaaS) at the World Crises & Emergency Management Summit 2025, organised by the National Emergency Crisis and Disaster Management (NCEMA). BCaaS is a fully-managed service that supports organisations in identifying potential threats and building effective response mechanisms, empowering them to drive organisational preparedness and operational efficiency. This solution enhances protection by not only restoring and ensuring the continuity of business but also ensuring that this is achieved within a predefined timeframe. The service provides an integrated framework tailored to the needs of organisations across essential sectors, including government, federal entities as well as the private sector. By identifying potential threats and implementing effective response mechanisms, it enables organisations to maintain business continuity during disruptions, comply with legal and regulatory requirements, and reduce costs while boosting overall performance. This ensures organisations can deliver enhanced customer experiences, uphold stakeholder confidence, and focus on driving growth and achieving long-term strategic goals. Abdalla Rashid Alsaadi, Senior Vice President, Group Business Continuity & Crisis Management, e& UAE, said: 'Maintaining continuity in operations isn't just about keeping systems running; it's about protecting what defines a business – its integrity, reputation, and ability to deliver value. In today's digitally empowered world, resilience is the cornerstone of innovation and growth. Through our partnership with NCEMA, we're introducing BCaaS, a holistic solution to drive organisational resilience. This solution protects private and public sector organisations with a holistic approach, ensuring uninterrupted operations with tools that make them future-ready and enable them to adapt, innovate, and thrive.' e&'s BCaaS provides businesses with a comprehensive suite of solutions designed to ensure operational resilience and continuity. These include Business Continuity Management Systems (BCMS), crisis management planning, and support to meet legal and regulatory requirements, as well as achieving certifications like ISO 22301 and NCEMA 7000. The service also offers Disaster Recovery (DR) sites to manage unexpected disruptions and specialised training in business continuity and crisis management to embed resilience into company culture. Customers have the flexibility to purchase either the complete suite or select components of the core services. The introduction of BCaaS is an extension of e&'s strategic focus on equipping organisations with the tools needed to navigate today's unpredictable challenges. By prioritising resilience and operational continuity, e& continues to be a trusted partner for businesses aiming to safeguard their operations and drive sustained growth. About e& e& is a global technology group committed to advancing the digital future across markets in the Middle East, Asia, Africa and Europe. With the group's financial performance in 2024 showing a consolidated revenue of AED 59.2 billion and a net profit of AED 10.8 billion, e& continues to maintain its position as a financial powerhouse, reflected by its strong credit rating and solid balance sheet. Founded in Abu Dhabi over 48 years ago, e& has evolved from a telecom pioneer into a technology group. Its footprint now spans 38 countries, offering a comprehensive portfolio of innovative digital services ranging from advanced connectivity, entertainment, streaming and financial services to AI-powered solutions, cloud computing, ICT, cybersecurity and IoT platforms. The Group is structured around five core business pillars: e& UAE, e& international, e& life, e& enterprise and e& capital, each catering to distinct customer and market needs. These pillars empower e& to lead in various sectors, from telecom and digital lifestyle to enterprise services and venture investments. The ongoing strategic investments in AI, IoT, 5G and cloud services reinforce its leadership in the global technology landscape, driving the future of smart connectivity and innovation. Driven by innovation, sustainability and a commitment to digital empowerment, e& is set on creating a smarter, more connected future for individuals, businesses and communities.
