“E and End” general profits distribution of 83 fils per share for the fiscal year 2024

Today, the “EMD” group held the annual meeting of its public association; Where the association approved during the meeting the recommendation of the Board of Directors to distribute cash dividends at 83 fils (0.83 dirhams) per share for the fiscal year 2024, which enhances the commitment of the “Ed and” group to provide added value through the policy of distributing the escalating profits to its shareholders, which was announced last year.

“In 2024, he formed a milestone in the” I and End “march; Where we succeeded in achieving an accelerated growth and remarkable progress in our strategy to turn into a global technology group; During the year 2024, EDS recorded standard unified revenues of 59.2 billion dirhams, with a growth of 10.1%, and a net net profit of 10.8 billion dirhams, with a growth of 4.3%.

“These achievements came as a result of the important strategic decisions taken by the Board of Directors, which included geographical expansion, diversification of revenue sources and enhancing the growth of the various digital sectors.” These steps have contributed to supporting the strong financial situation of the group, and at the same time I put “Ed and” in a distinguished location to seize new opportunities and ensure a long -term and sustainable value for customers, partners and shareholders alike.

“As we look to the future,” Ed “is intended to be committed to growth and transformation across 38 countries in the Middle East, Africa, Asia, Central and Eastern Europe. Our aspiration that we put on our eyes during this march is innovation and leadership, and enable the societies in which we provide our services, and we will continue to work to provide digital solutions that contribute to enabling a brighter future. ”

“We have succeeded during the year 2024 in achieving many achievements that helped us embody the slogan” always in more “; said. We have achieved more growth and passion for excellence. This year has been a successful chapter on our transformational journey; We continued the development process to become a leading global technology group, by expanding our presence in the telecommunications and digital services sector to reach 38 countries, which reflected positively on the company’s performance and enhancing the confidence of all stakeholders. By providing superior communication, advanced digital solutions, and innovations supported by artificial intelligence, we will continue to enable our customers and societies that we serve. ”

Dowidar added: “We look forward to the future with a clear vision represented in continuing to advance the limits of innovation and cooperation to achieve a tangible impact, For a better future for everyone. The year 2025 will be a station to confirm our commitment to digital transformation and enhance our solutions supported by artificial intelligence, data, digital and technological inclusion. This will help us to achieve this, our talented cadres, our reliable partners and our loyal customers, and we are ready to continue to empower societies, transfer business sectors, provide a sustainable value to future generations, and strive to achieve more. ”

End has strengthened its global leadership through strategic investments and influential initiatives; Where the group obtained the rating of the “fastest growing brand in the world” by “Brand Finance”, and also succeeded in expanding its system through strategic partnerships and important acquisitions.

And the company “E and the Emirates” won a global praise of achieving the fastest internet connection from the mobile network in the world, in an achievement that reflects the continuation of its leadership in the field of fifth generation innovations and infrastructure development.

The most prominent financial results of 2024

“End” scored a unified profit of 10.8 billion dirhams, an increase of 4.3% on an annual basis, which reflects the efforts made to the strategic transformation during the previous three years, and promotes its position as a global technology group.

The unified revenues amounted to 59.2 billion dirhams, with a growth of 10.1% on an annual basis, driven by growth in the various business sectors, and the total unified profits increased before calculating interest, tax, consumption and firefighting by 2.7% on an annual basis and according to fixed exchange rates, to reach 26.5 billion dirhams, and the total number of subscribers of the group reached 189.3 million Common, an increase of 11.7% compared to 2023.