Here’s a breakdown of the provided text, summarizing the key points and highlighting the company’s performance and strategic direction:
Company Performance (First Half of 2025)
Revenue Growth: the company achieved a meaningful revenue growth of 25.1% in the second quarter of 2025, reaching 727 million dirhams. This is an increase from 581 million dirhams in the second quarter of 2024. This growth reflects strong momentum from the first quarter.
Subscriber Growth:
Mobile phone service subscribers grew by 10.8%.
Fixed phone service subscribers grew by 12.0%. This growth indicates the company’s success in attracting a broader customer base and its strong market position.
Shareholder Returns: The Board of Directors approved a phased cash profit distribution of 24 fils per share, representing a 20% increase on an annual basis. This demonstrates a commitment too providing strong returns to shareholders.
Strategic Initiatives and Future Outlook
Customer Focus: The company’s strategy prioritizes customer requirements, which is seen as crucial for maintaining leadership in digital innovation and adapting to market transformations.
Digital Agenda Support: Du is actively contributing to the UAE’s digital agenda by:
Expanding its capabilities in Details and Interaction Technology (ICT). Accelerating digital transformation.
Partnering with leading international technology companies.
cloud and AI Services:
Providing superior sovereign cloud services and artificial intelligence (AI) services to institutions and government agencies through its managed data centers.
Launched the “National Hypercloud” platform, the first specialized platform for super sovereign cloud services in the UAE.
Making progress on a large database center project in cooperation with Microsoft, aiming to provide a secure digital infrastructure for AI-supported services.
Network Expansion:
Focusing on expanding network coverage.
Strengthening its service portfolio and solutions.
Launching the advanced fifth-generation (5G) network. Expanding its fiber optic network to meet the demand for high-speed internet.
Investment Strategy: The company is investing its capital deliberately to create lasting value for shareholders.
Key Statements from Leadership
Malik sultan Al Malik (Chairman of the Board): Emphasizes the success of the business strategy, the positive UAE business habitat, and the commitment to excellence. He expresses confidence in the executive management’s customer-centric approach and the company’s leadership in digital innovation.
* Fahd Al-Hassawi (CEO): Attributes the strong performance to the careful implementation of plans and strategies. He highlights the remarkable growth in mobile subscribers, the focus on network expansion and service portfolio enhancement (including 5G), and the strategic initiatives in cloud and AI. He also stresses the company’s role in enhancing the UAE’s digital infrastructure.
In essence,the text highlights Du’s strong financial performance in the first half of 2025,driven by subscriber growth and strategic investments in digital infrastructure,cloud services,and 5G technology. The company is committed to customer satisfaction, supporting the UAE’s digital agenda, and delivering value to its shareholders.