UAE .. The E7 Group shares ascends to the highest price in 22 months

The arrow of the “E7” group company, which is running and trading in the Abu Dhabi Financial Market, rose by 14.71% during trading on Monday, to trade at the price of 1.56 dirhams per share, achieving its highest price in 22 months.

1.8 million shares of E7 Group shares were traded at that time, with a value of trading 2.81 million dirhams.

The highest price for the share at that time was at 1.56 dirhams during the session, to touch its highest price in a year and 10 months.

The E7 Group achieved a net profit of 19 million dirhams during the first quarter of this year, compared to 26.6 million dirhams during the same period last year, which reflects a decline in profits on an annual basis.

The group recorded total revenues of 113.7 million dirhams in the first quarter of 2025, a decrease of 9.8% compared to revenues of 126 million dirhams during the corresponding period of 2024.

The E7 Group is a public joint stock company listed in the Abu Dhabi Securities Market since May 27, 2022, and it has been previously known as the ADC acquisition. The company was established on April 13, 2022, and its headquarters are located in Abu Dhabi, United Arab Emirates.

In November 2023, the group completed its merging process with the United Printing and Publishing Company (UPP), after which it launches its new institutional identity under the name E7, in a symbolic reference to the Seven Emirates Federation.

In the context of its orientation towards digital transformation and the enhancement of operational efficiency, the group began in the first quarter of 2025 to appoint new leadership cadres, as well as launching an intelligence -backed intelligence center, and updating its official digital platform.