Latest news with #e&Group
Mid East Info
07-05-2025
- Business
- Mid East Info
e& sets new benchmark in sourcing, winning ‘Best Procurement Transformation' at SAP NOW AI Tour - Middle East Business News and Information
e& Group procurement has been awarded the 'Best Procurement Transformation' Award at the SAP NOW AI Tour, held in recognition highlights e&'s commitment to innovation, strategic impact, and the continued advancement of digital excellence across its procurement function. Saeed Al Zarooni, Group Chief Procurement Officer, e&, said: 'This award is a testament to our relentless pursuit of excellence and innovation in procurement. Through deeper supplier collaboration, sustainable sourcing practices, and a relentless focus on efficiency, we've not only optimised costs but also positioned procurement as a strategic enabler of innovation and growth across the Group.' Through the use of AI, data analytics, and agile processes, e&'s procurement transformation has enhanced transparency, improved decision-making, and accelerated operational efficiency, while ensuring full alignment with the Group's sustainability goals and the broader ESG framework. This award celebrates e&'s ongoing transformation journey that has redefined procurement across the Group through the adoption of cutting-edge technologies, data-driven strategies and agile operating models. Central to this success is its Procurement Centre of Excellence, which plays a critical role in aligning procurement strategy with the broader vision of e&. Basel Alshawa, Head of Finance & Spend Management, SAP Middle East & Africa – South, said: 'We congratulate e& on winning the 'Best Procurement Transformation' award—a reflection of their pioneering spirit and bold commitment to reimagining procurement. By harnessing the full potential of SAP Ariba and embedding AI and advanced analytics into their sourcing strategy, e& has elevated procurement from a back-office function to a true engine of innovation, agility, and sustainable value. Their approach sets a new benchmark for telcos and beyond, demonstrating how intelligent technologies can drive transparency, smarter decision-making, and meaningful ESG outcomes across the enterprise.' This recognition reflects the dedication, vision, and collaborative spirit of the e& procurement team and its ecosystem of internal and external stakeholders. Through its bold approach to innovation and strategic transformation, e& is setting a new benchmark for procurement excellence in the technology sector. The success of e&'s procurement transformation reflects the Group's broader commitment to its 'Go for More' philosophy—pushing beyond conventional boundaries to deliver greater value, drive sustainable impact, and lead with purpose. By reimagining procurement as a strategic enabler, e& continues to set new standards for innovation and operational excellence, supporting its ambition to create a smarter, more resilient, and future-ready organisation. 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
07-04-2025
- Business
- Zawya
e& Egypt launches instant international money transfer via digital wallet
Egypt - e& Egypt has launched its first instant international money transfer service through the e& Cash digital wallet, marking a transformative step in how remittances are received in Egypt. This new feature allows customers to receive money from the United Arab Emirates and Saudi Arabia instantly and securely, without needing to visit branches or intermediaries. The move positions e& Egypt as the first to introduce such a service within the regional network of the e& Group, offering users a fully digital and frictionless experience. This innovation comes as part of a broader strategy aligned with the Central Bank of Egypt's efforts to promote financial inclusion and reduce the nation's reliance on cash-based transactions. Developed in partnership with Banque du Caire, the company's banking partner, the service is expected to significantly enhance access to digital financial tools for millions of users—particularly those who depend on remittances from family members abroad. The seamless integration allows customers to receive funds instantly with a single tap, offering a faster and more convenient alternative to traditional remittance channels. Ahmed Yehia, CEO of e& Financial Technology and Digital Applications, said the launch underscores e& Egypt's commitment to providing innovative digital financial solutions that prioritize ease, speed, and security. He noted that enabling instant transfers from the UAE and Saudi Arabia is a critical milestone in the company's mission to promote financial inclusion and deliver meaningful value to its customers. 'This service reflects our dedication to reshaping financial services in the region and empowering users with tools that meet their everyday needs,' Yehia said. 'It's not just about speed—it's about building trust and accessibility.' The new service is now live for all e& Cash wallet users in Egypt. Beyond convenience, customers also have the opportunity to win prizes of up to EGP 1m as part of the launch campaign. e& Egypt has confirmed that it plans to expand the service to include additional remittance corridors in the near future. By simplifying cross-border money transfers and integrating them into a secure, digital platform, e& Egypt is taking a significant step forward in reshaping how people in Egypt engage with their finances—bridging distances and bringing families closer through technology.
Arabian Business
12-02-2025
- Business
- Arabian Business
AB Majlis podcast: e& accelerates AI push with 900 projects as telco economics shift rapidly
e& is advancing its artificial intelligence strategy with more than 900 AI-related projects underway, as the technology company positions itself for growth beyond traditional telecommunications. Speaking on the sidelines of the World Government Summit in Dubai, as part of a special series by AB Majlis, e& Group CEO Hatem Dowidar outlined how AI is reshaping the company's operations. 'AI now is different because AI has moved from being something that only a data scientist or a specialist can work with to something that is touching everybody's work, touching everybody's life every day', Dowidar said. The company's transformation comes at a critical juncture for the industry. e& UAE CEO Masood M. Sharif Mahmood highlighted the fundamental challenge facing traditional telcos: 'The billions that we're pouring in the infrastructure, we have to continue pouring billions. So the investments go like this, but the price that our customers are willing to pay is going like this. Two forces moving in the opposite direction.' This pressure has catalysed e&'s evolution from a traditional telecom provider to a technology company. The transformation is already showing results, with customer complaint volumes dropping 40 per cent and satisfaction indices rising by 20 per cent over the past three years, according to Mahmood. The company's AI initiatives span from network operations to customer service. 'Normally now we are solving customers issues even before the customer knows there's an issue', Dowidar noted. The push into AI aligns with the UAE's broader technology ambitions, which saw the country become the first to appoint a minister of AI in 2017. Tune in to AB Majlis' WGS Special series with e& visit our RSS feed or check out AB Majlis on Spotify, Apple Podcasts, and other platforms. Episodes are also available on: Tune in every Monday for weekly episodes that will help you stay ahead of the curve and enrich your understanding of the Gulf region.
Emirates 24/7
12-02-2025
- Business
- Emirates 24/7
e& supports future of governments as Technology Partner at WGS 2025
e& Group CEO Hatem Dowidar underscored the urgency of bridging the digital divide. With 2.5 billion people in the world remaining disconnected, he emphasised that connectivity is a fundamental driver of progress, calling for collective action to accelerate global access. His remarks came during a keynote address during the plenary session at the World Governments Summit 2025 (WGS), held in Dubai from 11th to 13th February. e&, as the global technology group and Technology Partner of the WGS 2025, is actively participating under the summit's theme, "Shaping Future Governments." The company contributes to the dialogue on how technology can reshape government operations and citizen engagement, driving smarter, more connected governance. Dowidar joined Vodafone CEO Margherita Della Valle and Rakuten CEO Hiroshi Mikitani in the panel discussion "Can We Innovate Our Way to a More Connected World?" He emphasised that what's good for business is also good for society—connecting people unlocks opportunities across fintech, cybersecurity, cloud computing, and beyond, driving both economic growth and societal benefits. He highlighted the need for regulatory frameworks that foster innovation and collaboration, ensuring AI and connectivity work for everyone. Addressing the AI divide, Dowidar pointed out that while only 20 percent of the global population speaks English, 70 percent of the learning of AI today is based on English. He also underscored the importance of sovereign AI, emphasising the need for secure cross-border data flows. As key participants in the WGS 2025, e &'s leadership will engage in diverse sessions this week, sharing their expertise during critical dialogues on innovation, digital transformation, and inclusion. Alongside Hatem Dowidar, senior executives from across e &'s portfolio will participate in fireside chats, panel discussions, roundtables, and moderator capacities. Masood M. Sharif Mahmood, CEO of e& UAE, will join a fireside chat on "What Does the Great Digital Leap Need to Become a Reality?" highlighting the transformative journey in the digital age. Khalid Murshed, CEO of e& enterprise, will explore the intersection of AI and cybersecurity. Khalifa AlShamsi, CEO of e& life and e& international, will moderate and engage in roundtable discussions, including one focused on "The Future of Investments," exploring the evolving landscape of investments in technology and governance. Dena Almansoori, Group Chief AI and Data Officer, will discuss how AI can unlock its projected value, emphasising the crucial role of Chief AI Officers in driving this transformation. Ali Al Mansoori, Group Chief People Officer, will contribute insights on human-centric strategies in building future-ready organisations. e& participation at this summit aims to galvanise a global effort that embraces digital transformation for the greater good, demonstrating that, as the evolving governance models are converging, collaboration is a fundamental strategy to tackle the world's most pressing interconnected challenges, from digital divides to economic volatility, and climate challenges. Championing the role of technology, connectivity, and digital intelligence, e& leadership will bring actionable insight to highlight how AI, digital finance, intelligent infrastructure, and connectivity can shape governance models of tomorrow, drive economic resilience, and enable human-centric digital progress by embracing intelligent technologies for the greater good. Follow Emirates 24|7 on Google News.
Hi Dubai
12-02-2025
- Business
- Hi Dubai
e& Calls for Collective Action to Bridge Global Digital Divide at WGS 2025
At the World Governments Summit 2025 (WGS) in Dubai, e& Group CEO Hatem Dowidar called for urgent action to address the global digital divide, which still leaves 2.5 billion people disconnected. Speaking during the plenary session on 12th February, Dowidar emphasized that connectivity is essential for progress and urged global collaboration to accelerate access to technology. As the Technology Partner of the summit, e& is playing a key role in discussions on how technology can transform government operations and improve citizen engagement. Dowidar joined Vodafone CEO Margherita Della Valle and Rakuten CEO Hiroshi Mikitani in a panel titled "Can We Innovate Our Way to a More Connected World?" In his remarks, he stressed that connecting people not only drives business growth but also unlocks opportunities across sectors such as fintech, cybersecurity, and cloud computing, benefiting society as a whole. Dowidar also addressed the AI divide, noting that while only 20 percent of the global population speaks English, 70 percent of AI learning today is based on English. He advocated for regulatory frameworks that promote innovation and collaboration, ensuring that AI and connectivity are inclusive. Alongside Dowidar, senior executives from e& are engaging in various sessions at WGS 2025, sharing insights on digital transformation, AI, and governance. Masood M. Sharif Mahmood, CEO of e& UAE, will discuss the future of digital transformation, while Khalid Murshed, CEO of e& enterprise, will explore AI's impact on cybersecurity. e&'s participation underscores its commitment to fostering global digital collaboration, championing technology's role in shaping the future of governance and creating resilient economies. News Source: Emirates News Agency
