• Q2 consolidated revenue increased to AED 18.0 billion, a 28.1% year-on-year growth
• Q2 consolidated net profit rises to AED 3.5 billion, backed by 9.7% year-on-year growth
• Q2 EBITDA reached AED 8.0 billion at a margin of 44.5%, an increase of 22.2% year-on-year

ABU DHABI, UAE, July 31, 2025 /PRNewswire/ — e& today announced its consolidated financial results for the first half of 2025, reporting continued growth momentum and strategic progress across its business pillars. e&’s performance reinforces the Group’s position as a global technology leader, driving digital transformation at scale across regional and international markets.

Consolidated revenue increased to AED 34.9 billion, representing a year-over-year growth of 23.3 per cent compared to H1 2024. Consolidated net profit in H1 rose to AED 8.8 billion, up 60.7 per cent from the previous year. EBITDA in H1 reached AED 15.4 billion, a YoY increase of 18.8% with EBITDA margin of 44.1 per cent. The Group’s subscriber base grew to 198 million globally, marking a 13.1 per cent increase year-over-year.

e& reports 60.7% increase in consolidated net profit, reaching AED 8.8 billion in H1 2025

In the UAE, e& UAE subscribers reached 15.5 million, driven by rising demand for advanced connectivity solutions, AI-powered services, and tailored digital experiences that address the evolving needs of both individuals and businesses.

Key Financial Highlights for H1 2025

H.E. Jassem Mohamed Bu Ataba Alzaabi, Chairman, e&, said: “In the first half of 2025, e& continued to strengthen its leadership position, driven by its strategic investments and robust business model. Our continued strong performance reflects our commitment to long-term value creation, with major milestones reflecting the Board’s strategic foresight.

“In H1, e& continued its growth trajectory, delivering consolidated revenue of AED 34.9 billion—a year-on-year increase of 23.3 per cent—and achieving consolidated net profits of AED 8.8 billion, up 60.7 per cent compared to the same period last year. Alongside our outstanding financial performance, we maintained our focus on bringing the latest technologies to best serve our customers. We launched the UAE Sovereign Cloud Launchpad alongside AWS and the UAE Cybersecurity Council. This landmark initiative advances national priorities around digital sovereignty, secure AI, and cloud innovation, and is set to unlock enduring value for the nation’s digital economy.

“Thanks to the UAE’s visionary leadership that inspires us, e& will continue enabling the knowledge economy with responsibility and ambition. We remain committed to shaping resilient, inclusive, and innovation-led societies across the markets we serve.”

Hatem Dowidar, Group Chief Executive Officer, e&, said: “e& delivered strong performance in the first half of 2025, reflecting our agility, innovation, and ability to scale. We preserved the momentum witnessed across our different verticals. Our diverse revenue streams enabled the group to drive financial success and deliver robust operational growth. Revenues in Q2 and H1 increased by 28.1 per cent year-over-year to AED 18.0 billion and by 23.3 per cent to AED 34.9 billion, respectively. Our EBITDA grew by 18.8 per cent to AED 15.4 billion in the first half. These results demonstrate the strength of our transformation strategy and our continued focus on operational excellence and value creation.

“We achieved a series of strategic milestones, including the divestment of Khazna and partial divestment of Airalo during the first half of the year, which enhanced our financial flexibility. In parallel, we introduced the UAE Sovereign Cloud Launchpad, reinforcing our focus on secure, sovereign AI solutions. We also became one of the first companies to earn the ‘Tier S’ designation under the Dubai AI Seal, a top-level recognition of our leadership in responsible AI development and deployment. Additionally, we advanced our international footprint through the acquisition of Serbia Broadband, while our collaboration with Qualcomm is accelerating 5G evolution and edge AI integration across key industries.

“Our progress was further recognised internationally, with e& named the world’s Fastest Growing Brand by Brand Finance. This recognition reflects our bold ambition, customer-centric innovation, and growing global presence.

“As we look ahead, we remain focused on enabling future technologies and delivering lasting impact across the communities we serve.”

e& reports 60.7% increase in consolidated net profit, reaching AED 8.8 billion in H1 2025

e& Chairman H.E. Jassem Mohamed Bu Ataba Alzaabi

e& GCEO Hatem Dowidar

Media contact:
Nancy Sudheer
Senior Manager
nsudheer@eand.com 
+971 50 705 5290

SINGAPORE, July 31, 2025 /PRNewswire/ — Baudouin, a global leader in high-performance power solutions, will take centre stage at Data Centre World Asia 2025, held October 8–9 at Marina Bay Sands Expo & Convention Centre. At this premier regional event, Baudouin will unveil its most advanced product to date — the 20M61 high-speed genset, engineered specifically to meet the complex power demands of hyperscale and edge data centres.

Delivering exceptional power density, high fuel efficiency, and smart monitoring capabilities, the 20M61 is designed to provide reliable and scalable backup power — ideal for Asia-Pacific data centres striving to balance uptime and sustainability.

Booth D10 will feature interactive discussions with product engineers and regional experts, offering attendees deep insights into the new product’s performance advantages and integration potential.

Join the Conversation

Follow Weichai Singapore on LinkedIn and Facebook for live updates, behind-the-scenes content, and exclusive product highlights.

NEW YORK, July 31, 2025 /PRNewswire/ — Dream Pairs, a globally recognized footwear brand under Miracle Miles Group Inc., which also owns Dream Pairs Kids, Bruno Marc, NORTIV 8, and ALLSWIFIT, has successfully defended itself in a high-profile trademark dispute before the United Kingdom Supreme Court. The case, Iconix (Umbro) v. Dream Pairs, centered on allegations that a stylized logo used by Dream Pairs on football boots infringed upon Iconix’s “double diamond” trademarks. After more than three years of litigation across three judicial levels—including trial, appeal, and Supreme Court proceedings—the UK’s highest court ruled in favor of Dream Pairs, concluding that the use of its logo does not constitute trademark infringement.

In June 2025, the UK Supreme Court ruled in favor of Dream Pairs, overturning the decision of the Court of Appeal and reaffirming the original trial judge’s conclusion that there was no likelihood of trademark infringement.

This significant outcome not only vindicates Dream Pairs’ position but also reaffirms the brand’s global commitment to responsible brand development and intellectual property integrity.

“At Dream Pairs, we believe in building enduring trust through thoughtful design and ethical business practices. This decision strengthens our resolve to safeguard our creative vision across international markets,” said a spokesperson for Dream Pairs.

The origins of this case trace back to 2021, reflecting Dream Pairs’ unwavering commitment to fair competition and the protection of brand identity across international jurisdictions. Throughout each stage of the UK legal process—from the High Court to the Supreme Court—the company consistently advocated for legal clarity around brand expression and visual distinction in the marketplace.

This definitive legal victory affirms more than just a position in a single dispute; it reinforces Dream Pairs’ status as a global brand that actively safeguards its intellectual property with conviction and foresight. In an increasingly complex and competitive retail environment, Dream Pairs continues to uphold rigorous standards of originality, compliance, and ethical design.

By defending its rights through lawful and principled means, Dream Pairs sets a meaningful precedent—not only for its own brand ecosystem but for the broader footwear and fashion industries. The company remains firmly committed to delivering original, high-quality products to consumers worldwide while championing a global culture of accountability and innovation.

The ruling from the UK Supreme Court is also notable for its broader impact on trade mark law. For the first time, the UK’s highest court recognized that post-sale confusion—how a product is perceived after purchase—can be relevant when assessing potential trade mark infringement. This clarification is expected to shape future legal standards and brand practices across industries where visual identity is a key driver of consumer trust.

While acknowledging the relevance of realistic post-sale scenarios, the Court ultimately upheld Dream Pairs’ position that appellate courts must respect the trial judge’s multifactorial assessment unless clear errors are present. The ruling underscores the importance of judicial restraint and confirms the original finding that no confusion or infringement occurred.

Dream Pairs’ landmark legal victory underscores its position as a trusted leader in the global footwear industry, committed to protecting intellectual property and driving innovation with integrity.

This achievement reflects the brand’s unwavering dedication to developing original designs while maintaining the highest standards of legal compliance and ethical business practices. Dream Pairs proactively upholds fair competition and sets a benchmark for transparency and accountability within the competitive footwear and fashion markets worldwide.

As a responsible global brand, Dream Pairs continuously invests in safeguarding its unique identity and fostering a marketplace where innovation and authenticity are valued and protected.

Through this commitment, Dream Pairs not only delivers superior products to consumers but also advances industry-wide standards, reinforcing its role as a professional, forward-looking innovator and steward of brand integrity.

Founded with the vision of making fashion-forward footwear accessible to all, Dream Pairs is a global footwear brand known for combining style, comfort, and performance. With a customer-first approach and a commitment to quality, the brand continues to serve millions of consumers across North America, Europe, and beyond. As Dream Pairs grows its presence on the world stage, it remains committed to upholding the highest standards in innovation, design integrity, and intellectual property protection.

Miracle Miles Group Inc. is the parent company behind the Dream Pairs family of footwear brands, including Dream Pairs, Dream Pairs Kids, Bruno Marc, NORTIV 8, ALLSWIFIT, etc. The company oversees the development, innovation, and global growth of its diverse portfolio across women’s, men’s, kids’, outdoor, and performance footwear. Founded with a mission to make high-quality, stylish shoes accessible for every occasion, Miracle Miles Group continues to build on this vision—striving to become a global leader in the footwear industry through thoughtful design, inclusive pricing, and customer-first values.

NEW YORK, July 31, 2025 /PRNewswire/ — EDISHINE, a leading provider of stylish and high-quality lighting solutions, is proud to announce the official launch of its redesigned website. The upgrade showcases a refreshed visual identity and refined brand positioning, underscoring the brand’s commitment to sustainable living and design that centers on human experience.

Rooted in the principles of environmental consciousness, Scandinavian aesthetics, and user-focused functionality, the revamped platform reflects EDISHINE’s dedication to eco-friendly practices and thoughtful design. These values are embodied in both product development and packaging, with the adoption of non-plastic inner packaging, recyclable outer materials, and energy-efficient LED lighting. Many products also feature natural and organic materials, reinforcing the brand’s philosophy of “minimalist warmth”—a design language that brings comfort, connection, and a sense of belonging to modern homes.

As part of this brand evolution, EDISHINE has restructured its product categories and overall content framework. The new website introduces five distinct lifestyle directions: Scandinavian Nature, Urban Compact, Warm Heritage, Family-Friendly, and Colorful & Sculptural. These themes reflect a wide spectrum of living scenarios, with lighting solutions designed to suit each unique environment. Additionally, an exclusive original design initiative has been launched, with more sustainable designer lamps slated for release in the near future.

To commemorate the relaunch, EDISHINE has unveiled its latest Summer Rattan Collection. This new line blends artisanal rattan craftsmanship with modern lighting innovation. Featuring floor and table lamps with handwoven textures and soft ambient glow, the collection brings a breezy, vacation-inspired atmosphere to everyday interiors.

The redesigned website also offers significantly improved user experience. In addition to a clean and cohesive Nordic-style visual identity, the platform now features intuitive navigation and an enhanced product discovery journey. A new “Build Your Bundle” function enables customers to curate personalized lighting combinations while enjoying savings on multi-item purchases—an offering aimed at deepening customer engagement and convenience.

Ranked among the top three brands on Amazon in categories like solid wood table lamps and linear floor lamps, EDISHINE is undergoing a comprehensive brand upgrade as part of its broader transformation following the launch of its standalone e-commerce site in 2024. Initiated in May 2025, the overhaul reflects a renewed focus on environmental responsibility and human-centered design, spanning every touchpoint from product strategy to visual identity.

“True design does not seek merely to please the eye; it subtly influences lifestyles without fanfare,” said Dean Wang, founder of EDISHINE. “Our goal is to become a quiet companion in people’s daily lives, using light to foster warmth, balance, and well-being at home.”

With the launch of its new website and the introduction of forward-thinking, sustainability-driven products, EDISHINE continues to redefine how lighting can bridge natural beauty with human comfort, illuminating every meaningful moment at home.

About EDISHINE

EDISHINE is a lifestyle lighting brand committed to sustainable design and human-centric living. A one-stop shop for stylish and high-quality lighting solutions, EDISHINE’s online store offers a wide range of indoor and outdoor lighting fixtures, including floor lamps, table lamps, pendant lights, bathroom lights, outdoor wall lights, and landscape lighting. With a curated range of eco-conscious lighting products inspired by Nordic aesthetics, EDISHINE seeks to transform homes into warm, inviting spaces.

For more information, please visit https://www.edishine.com.

xTool’s new Mountain View HQ and nationwide Fab Lab campaign put powerful tools in the hands of those shaping the future—creators, educators, and entrepreneurs alike

MOUNTAIN VIEW, Calif., July 31, 2025 /PRNewswire/ — xTool, a global leader in desktop laser cutters and smart fabrication tools, today announced its official entry into the U.S. market with the grand opening of its Mountain View, Calif. headquarters. The move marks the start of what xTool calls the “New Era of the Maker Movement” or “Maker Movement 2.0”: a new chapter where fabrication tools don’t just live in garages, but in classrooms, labs, and startup studios across the country.

To celebrate the establishment of its first U.S. office in the epicenter of Silicon Valley’s innovation, xTool will host a grand opening event at its office on Thursday, July 31, with the option to attend via livestream at 6:30pm PST. The event will feature live product demonstrations, facility tours, and a donation ceremony.

“xTool is redefining the maker economy in the U.S., not just with machines, but with a mission,” said Jasen Wang, CEO of xTool. “This ‘New Era of the Maker Movement’ is about broadening access to advanced tools for a wider range of users at any skill level. By establishing roots in Silicon Valley and supporting Fab Labs across the U.S., we’re investing in a new generation of creators—those who will turn ideas into action and side projects into scalable businesses.”

As part of this mission, xTool recently launched its F2 Ultra, a powerful, dual-laser engraver combining 60W MOPA fiber and 40W diode technology. Compact yet industrial-grade, the F2U is engineered to empower creators with high-speed, high-precision performance across materials, enabling makers to turn ideas into real products, businesses, and impact.

Strategic U.S. Expansion

xTool’s Mountain View headquarters marks a major step in its U.S. expansion, supporting the growth of its demo rooms, customer service operations, and the “xTool Squad” program — a new localized support network. By the end of the year, xTool aims to bring on board up to 700 independent partners across the country to join the xTool Squad and provide hands-on assistance to customers in their communities.

With over 500,000 users and counting, xTool’s U.S. growth strategy includes:

• Supporting local entrepreneurs and small businesses
• Establishing retail and educational-focused partnerships
• Expanding local service to provide industry-leading support for its community

“I’m excited to see xTool’s innovative tools reaching more educators and makers,” said Dale Dougherty, founder of MAKE: Magazine. “With the right tools and a creative mindset, anyone can become a maker. xTool is helping more people bring their ideas to life and inspiring the next generation of inventors.”

Empowering the Next Generation of Makers

As part of its mission to make advanced fabrication technology more accessible, xTool is donating 50 laser machines—valued at over $200,000—to schools, makerspaces, and educational organizations across the U.S. in 2025.

Early recipients include local community hubs like Maker Nexus, purpose-driven organizations such as Black Horse Forge, which supports veterans and first responders, and renowned institutions like MIT and Stanford.

xTool is also expanding its partnership with the Fab Foundation’s global Fab Lab network, including a cornerstone donation to the new Fab Lab HQ in Boston, and powering the Fab-In-A-Box initiative—an affordable, accessible and engaging mobile fabrication program.

“The Fab Foundation was founded on the idea that anyone, anywhere, can make almost anything if they have access to the right tools and knowledge,” said Sherry Lassiter, President and Co-Founder of the Fab Foundation. “Together with our partners and the global Fab Lab network, we’re unlocking creativity, expanding opportunity, and building a more inclusive and sustainable future for all.”

xTool is calling on Fab Labs, makerspaces, schools and educational programs across the U.S. to join its mission to spark creativity and expand access to digital fabrication. If your organization is interested in partnering with xTool to empower the next generation of creators and explore opportunities for laser machine donations, please apply here.

About xTool:

xTool is a global leader in desktop laser cutters, engravers, and smart fabrication tools. Since 2020, xTool has empowered creators in over 62 countries, supported by 322 patents and 12 world-first innovations. xTool is transforming how people learn, create, and build—from classrooms to research labs, from garages to retail stores. Combining powerful technology with intuitive design, xTool makes advanced fabrication tools accessible to makers, educators, and entrepreneurs everywhere. Learn more at xTool.com.

Media Contact:
xTool Public Relations
pr@xtool.com 

Pure sound. Thoughtful design. Built for vinyl lovers and HiFi perfectionists alike.

SHENZHEN, China, July 31, 2025 /PRNewswire/ — Fosi Audio, a brand known for making high-quality HiFi gear more accessible, today announces the launch of Luna3, its first-ever turntable, debuting globally on Kickstarter, July 31, 2025. Designed with clarity and restraint at its core, Luna3 is crafted for audiophiles, first-time vinyl listeners, and design-conscious users who value sound purity and elegant simplicity.

A Turntable Inspired by Simplicity

In an era of overengineered features and visual noise, Luna3 is a return to form. Fosi Audio’s design philosophy centers on clarity, restraint, and the belief that great sound should be free of unnecessary complexity. Named after the moon, Luna symbolizes purity and quiet power, an image that perfectly reflects the turntable’s minimalist aesthetic and analog soul.

Guided by the principle of “less is more,” Luna3 strips away distractions to deliver only what truly matters: a clean analog signal path, intuitive usability, and a timeless visual presence. Whether you’re a seasoned vinyl enthusiast looking for an upgradeable, customizable system, a HiFi newcomer ready for a serious first turntable, or someone seeking a meaningful, design-forward gift, Luna3 invites you into a slower, more intentional listening experience, one quiet revolution at a time.

Key Features: Designed for What Matters Most

Luna3 brings vinyl back to its essence through design choices that prioritize purity, simplicity, and performance.

Pure Analog Output: By removing the built-in phono stage, Luna3 offers a direct, uncolored signal path, giving users full freedom to pair with their preferred external preamp.

Minimalist Construction: With a matte-black integrated plinth, transparent acrylic platter, and precision-machined tonearm, Luna3 looks refined and performs with restraint.

Thoughtful Engineering: From the Audio-Technica VM95E cartridge and manual anti-skating adjustment to the copper motor head and ±0.11% servo speed control, every component is selected for precise, stable playback.

Upgradeable Design: The stylus and headshell are easily replaceable, allowing enthusiasts to evolve their setup over time.

A Word from the Founder

“With Luna3, we wanted to return to the essence of vinyl: pure sound, meaningful design, and zero distractions. It also marks an important step in our broader vision: building a complete, accessible HiFi ecosystem that lets users grow their system piece by piece.”
— Ryan Huang, Founder & CEO of Fosi Audio

Availability

Luna3 will be available for pre-order exclusively via Kickstarter starting July 31, 2025. The retail price is set at $349.99, with Early Bird backers receiving up to 25% off during the campaign.

Visit our Kickstarter page to learn more and secure your early access: https://www.kickstarter.com/projects/fosiaudio/fosi-audio-luna3-turntables?ref=64vjj2. 

About Fosi Audio

As a global audio company, Fosi Audio places customers above all else, guided by a deep understanding of users’ needs and a commitment to co-creating with users. Fosi Audio has won sincere recognition from a wide range of audiophiles and well-known media such as Wirecutter, Trusted Reviews, Headfonia, TNT-Audio, and digitaltrends, authoritative forums like AudioScienceReview, Head-fi, and well-known HiFi enthusiasts such as Cheapaudioman, Z Reviews, and A British Audiophile, etc.

For more information, please visit:

Official Website: https://www.fosiaudio.com/
Official Forum: https://community.fosiaudio.com/
Official Facebook: https://www.facebook.com/fosiaudioglobal
Official YouTube: https://www.youtube.com/@fosiaudio