Business Chief ME+AFRICA January 2024 | Page 39

TOP 1O e &

Revenue : US $ 14.3 billion Employees : 10,001 CEO : Hatem Dowidar Founded : 1976
e & has been innovating since its inception – but in recent years , has transformed into a tech conglomerate , stepping up from being a strong regional player to a company with global aspirations .
Rebranded from Etisalat to e & in 2022 , and ranked as the world ’ s strongest telecoms brand , e & is a leader in telecoms in emerging markets providing innovative solutions and services to 155.4 million subscribers in 16 countries .
The Group ’ s ambitious transformation focuses on adopting emerging technologies , diversification of business verticals and pursuit of M & As from increasing its stake in Vodafone Group , to investment in Careem ’ s superapp , to launching an end-to-end EV charging solution . e & recently delivered “ outstanding ” Q3 results , including a 20 % growth in net profit to AED2.5 billion . businesschief . ae 39