e& Q2 2026 earnings: What to expect

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Argaam provides an outlook on the expected results of e& Group, the main provider of various telecom services in the UAE. The group also offers telecom services in multiple countries through its subsidiaries during Q2 2026. The report covers the development of quarterly profits, key performance indicators, and profitability metrics.

e& Enterprise Cloud, a subsidiary of the group, was awarded a AED 22.74 million project contract for maintenance, technical support, and operational services at the Mohammed bin Rashid Library in partnership with Naseej Technology.

O2 Slovakia, one of the E& PPF Telecom Group companies owned by e& Group, completed the full acquisition of assets of UPS Slovakia for EUR 95 million.

AD Ports and e& UAE announced the deployment of a high-capacity, AI-ready terrestrial communication network linking key maritime and logistics assets across AD Ports’ portfolio..

The group signed a binding agreement with Uber Technologies to sell a 12.5% stake out of its 50.03% ownership in Careem Technologies, for a total cash consideration of $100 million (AED 367 million). The group said this step reflects its increased strategic focus on core operations and disciplined capital allocation.

Consensus estimates for Q2 2026:

The average research house estimate points to net profit of AED 2,922.0 million for the company, based on coverage from six research houses, which is down about 14% from Q2 2025.