Thrilled to be part of e& as we continue to grow through strategic investments and cutting-edge digital solutions. From expanding our global footprint to advancing AI and cybersecurity, we’re committed to shaping a secure and connected future. 🌍 #DigitalTransformation #Cybersecurity #OneTeam #HelpAG #eAndEnterprise #eAndMore
We just announced our Q3 financial results, and I’m pleased to highlight that our strategic investments and digital services have led to another period of continued growth. For the first nine months of the year 2024, consolidated revenues grew 9% in constant currency to AED 42.7 billion, with consolidated net profit growing 10% to AED 8.5 billion. This quarter, we realised the completion of some major acquisitions. e& enterprise closed its 100% acquisition of GlassHouse Türkiye a Turkish private cloud and managed services provider, boosting its capabilities in SAP and financial services. And with PPF Telco B.V. joining the e& family, our largest investment in over a decade, we are set to make a positive impact on the lives of more people in 3 continents. This expands our telco operations to 20 countries and overall operations to a total of 38 countries across the Middle East, Africa, Asia, and Central and Eastern Europe. In the UAE, our AI solutions are also making waves. e& UAE's world-leading 5G network delivers the speed and reliability needed for faster, smarter experiences. By combining our connectivity leadership with AI, we're creating exciting new possibilities for individuals and businesses. Through partnerships with the UNDP, GSMA, and Nokia Bell Labs, we're working to bridge digital divides, support MSMEs, use AI for climate resilience, and foster public-private partnerships across the Arab States. Thank you to the entire e& community worldwide for making our vision of driving the digital future to empower societies a reality. #eAnd #FinancialResults #Growth #Technology #Leadership