Home Business du Posts AED 2.4 Billion Profit as Earnings Rise 10.8%

du Posts AED 2.4 Billion Profit as Earnings Rise 10.8%

by daily times
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By Staff Reporter

Dubai, October 22, 2026 — UAE telecommunications operator du has reported a 10.8% increase in net profit to AED 2.4 billion for the first nine months of 2026, driven by growth in connectivity services and digital solutions.

Revenue rose 6.2% year-on-year to AED 12.3 billion, while service revenue increased 6.8% to AED 9 billion. Earnings before interest, taxes, depreciation and amortisation (EBITDA) climbed 9.2% to AED 6 billion, with the EBITDA margin improving to 48.7%.

For the third quarter alone, du recorded a 7.1% increase in revenue and a 7.3% rise in net profit to AED 786 million. Its EBITDA margin stood at 47.7%.

The company also secured a 20-year renewal of its Public Telecommunications Licence and a three-year extension of its royalty regime, providing greater certainty for its long-term operations.

Du was also included in the MSCI UAE Standard Index and the FTSE All-World Index after meeting the relevant eligibility requirements, including liquidity criteria.

Customer numbers continued to grow, with the mobile subscriber base increasing by 3.3% and fixed-line customers rising by 5.2%.

Du chief executive officer Fahad Al Hassawi said the results reflected the resilience of the company’s operations and its focus on sustainable growth.

He added that investments in data centres, cloud computing and advanced connectivity were helping the company expand beyond traditional telecommunications services.

Source: Emirates News Agency (WAM)

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