The implementation of Equisoft/manage policy admin system consolidates ClearView's in-force portfolios onto a single modern platform, eliminating legacy system complexity and positioning the insurer for enhanced digital capabilities and growth.
SYDNEY, Feb. 25, 2026 /PRNewswire/ -- Equisoft, a leading global digital solutions provider to the financial services industry, is pleased to announce that ClearView Wealth Limited (ASX: CVW) has successfully completed the go-live of its in-force life insurance and migration of closed book portfolios to Equisoft/manage, a modern cloud-based Policy Administration System (PAS) and digital suite of capabilities. This strategic implementation enables ClearView to administer all life insurance on a single platform, enhancing adviser and customer experience.
"The complexity of migrating decades of policy data from our legacy system cannot be overstated," said Michael New, Chief Technology Officer, ClearView. "Equisoft's partnership ensured a smooth migration with zero data loss. The result is a simplified and modern architecture that will allow us to be a nimble tech enabled challenger in the Australian Life Insurance market."
The successful go-live marks a significant milestone in ClearView's digital transformation strategy, positioning the insurer for technology-led growth. With all insurance portfolios now enabled by Equisoft/manage, ClearView has established a foundation for superior digital experiences for advisers and customers, while creating opportunities for product expansion and channel growth. The modern platform will enable ClearView to leverage technology and AI to reduce acquisition and maintenance costs, improving their value proposition to policyholders and distribution stakeholders, while ensuring regulatory compliance.
"We're proud to have partnered with ClearView on this transformative project," said Simon Richardson, Vice President, EMEA & APAC, Equisoft. "This successful implementation demonstrates how Equisoft/manage enables life insurers to consolidate legacy systems, streamline operations, and create a modern technology foundation that supports growth and innovation. ClearView's commitment to delivering exceptional adviser and customer experiences aligns perfectly with our mission to help financial institutions leverage technology for competitive advantage."
About ClearView
Established in 2010, ClearView is an ASX-listed life insurance business that partners with financial advisers to help Australians protect their wealth. As of 30 June 2025, ClearView manages over $400 million in in-force premiums and has relationships with over 1,000 Australian Financial Services Licensees, representing over 5,000 financial advisers. Website: clearview.com.au
About Equisoft
Founded in 1994, Equisoft is a global provider of advanced insurance and investment digital solutions. Recognized as a valued partner by over 325 of the world's leading financial institutions, Equisoft offers a complete AI-enabled ecosystem—from front-end applications to integrated back-office and pension systems—backed by proven data migration expertise. The firm's ecosystem serves insurers, distributors, banks, pensions, and asset managers. With a multicultural team of over 850 experts based in North America, the Caribbean, Latin America, Europe, Africa, Asia and Australia, Equisoft helps its clients tackle any challenge in this era of digital disruption.
Media contact: Will White, Omnia Paratus, will.white@weareomniapartners.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
ClearView successfully implements Equisoft's cloud-based policy administration system
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- Consolidated net profit reached AED 14.4 billion, growing 34 per cent Year-over-Year
- e&'s subscriber base increased to 244.7 million across Asia, Africa, Middle East, Central and Eastern Europe
- Full year dividend per share of 90 fils that will increase to 95 fils in 2026
- Hatem Dowidar the Group CEO will step down at the end of March after 6 years in the role
- Masood M. Sharif Mahmood will take over on April 1st as the Group CEO, in addition to his current role as CEO of e& UAE.
ABU DHABI, UAE, Feb. 25, 2026 /PRNewswire/ -- e& has delivered record financial performance in 2025, reporting consolidated revenues of AED 72.9 billion, an increase of 23.1 per cent year-over-year (YoY).
Consolidated net profits grew to AED 14.4 billion, growing 33.6 per cent, driven by progress across its business verticals. Consolidated EBITDA rose by 21.1 per cent YoY, reaching AED 32.0 billion.
e& UAE continued its solid performance, with its subscriber base surpassing 16.3 million, representing an increase of 8.4 per cent compared to the previous year. The group's total subscriber base grew to 244.7 million, marking a 31.3 per cent growth compared to 2024.
Financial highlights for FY 2025
| 2025 | 2024 | Per cent change |
| Revenue | AED 72.9 billion | AED 59.2 billion | 23.1 % |
| Net Profit | AED 14.4 billion | AED 10.8 billion | 33.6 % |
| EBITDA | AED 32.0 billion | AED 26.5 billion | 21.1 % |
| Earnings per Share | AED 1.65 | AED 1.24 | 33.6 % |
| Consolidated Group Subscribers* | 244.7 million* | 186.5 million** | 31.3 % |
| UAE Subscribers | 16.3 million | 15.0 million | 8.4 % |
| * Included Telenor Pakistan figures as reported to PTA |
| ** Adjusted for Maroc Telecom reported number |
For FY 2025, the board has proposed a cash dividend of 47 fils per share for the second half (July to December) of 2025, bringing the total annual dividend to 90 fils per share. The board has also announced that the total annual dividend will increase in 2026 to reach 95 fils per share—further highlighting e&'s commitment to delivering added value to its shareholders.
Also today, e& announced that its Group Chief Executive Officer, Hatem Dowidar, has decided to step down from his position as Group CEO after 6 years in the role. The Board of Directors has accepted his resignation, with his last day in service to be 31 March 2026.
Dowidar has led e& since 2020, steering the organisation through a period of significant transformation and international expansion. Under his leadership, e& accelerated its strategic evolution from a regional telecommunications operator into a global technology and group, strengthening its footprint across the Middle East, Africa, Asia and Europe, and advancing its digital, fintech, enterprise and digital lifestyle verticals. During his tenure, the Group delivered record financial performance and reinforced its position as one of the world's leading technology and telecom brands.
The Board of Directors has appointed Masood M. Sharif Mahmood, who has been serving as Chief Executive Officer of e& UAE since 2021, as successor to assume the roles of both, Group Chief Executive Officer of e& and Chief Executive Officer – UAE, effective 1 April 2026.
H.E. Jassem Mohamed Bu Ataba Alzaabi, Chairman of e&, said: "e&'s record 2025 results reflect the continued success of our strategy to evolve into a global technology group anchored by strong business pillars and disciplined execution. We are redefining the future of connectivity and enabling new possibilities across enterprise solutions, fintech and digital platforms.
On behalf of the Board, I extend our sincere appreciation to Hatem for his leadership and the significant progress achieved during his tenure. He has played a key role in advancing e&'s transformation and strengthening long-term shareholder value, and we wish him every success in his future endeavours."
Hatem Dowidar said: "It has been an honour to lead e& during a defining chapter in its history. I am proud of what we have accomplished together, transforming our business, expanding internationally, and building new growth engines for the future. The record results achieved in 2025 reflect the strength of our strategy, the resilience of our operating model, and the dedication of our people.
I extend my sincere gratitude to the Chairman, the Board, our leadership team and all our employees for their unwavering commitment and support. I remain confident in e&'s continued success in the years ahead under the leadership of Masood."
Masood M. Sharif Mahmood said:
"I am deeply honoured to take on the role of Group Chief Executive Officer of e& and grateful for the opportunity to lead this ambitious global company,". Masood, who brings more than 25 years of senior leadership experience in communications, investments and technology sectors, also said "I want to thank Eng Hatem Dowidar for his exceptional leadership and partnership and the Chairman and the Board of Directors for their trust and endorsement. I look forward to building on our shared achievements with our talented teams, OpCos, and partners worldwide."
e& remains focused on executing its strategic priorities, embedding advanced technologies including AI across its operations, and delivering sustainable value for its shareholders, customers, partners and the communities it serves.
Media contact:
Nancy Sudheer
Senior Manager
nsudheer@eand.com
+971 50 705 5290
- Consolidated net profit reached AED 14.4 billion, growing 34 per cent Year-over-Year
- e&'s subscriber base increased to 244.7 million across Asia, Africa, Middle East, Central and Eastern Europe
- Full year dividend per share of 90 fils that will increase to 95 fils in 2026
- Hatem Dowidar the Group CEO will step down at the end of March after 6 years in the role
- Masood M. Sharif Mahmood will take over on April 1st as the Group CEO, in addition to his current role as CEO of e& UAE.
ABU DHABI, UAE, Feb. 25, 2026 /PRNewswire/ -- e& has delivered record financial performance in 2025, reporting consolidated revenues of AED 72.9 billion, an increase of 23.1 per cent year-over-year (YoY).
Consolidated net profits grew to AED 14.4 billion, growing 33.6 per cent, driven by progress across its business verticals. Consolidated EBITDA rose by 21.1 per cent YoY, reaching AED 32.0 billion.
e& UAE continued its solid performance, with its subscriber base surpassing 16.3 million, representing an increase of 8.4 per cent compared to the previous year. The group's total subscriber base grew to 244.7 million, marking a 31.3 per cent growth compared to 2024.
Financial highlights for FY 2025
2025
2024
Per cent change
Revenue
AED 72.9 billion
AED 59.2 billion
23.1 %
Net Profit
AED 14.4 billion
AED 10.8 billion
33.6 %
EBITDA
AED 32.0 billion
AED 26.5 billion
21.1 %
Earnings per Share
AED 1.65
AED 1.24
33.6 %
Consolidated Group Subscribers*
244.7 million*
186.5 million**
31.3 %
UAE Subscribers
16.3 million
15.0 million
8.4 %
* Included Telenor Pakistan figures as reported to PTA
** Adjusted for Maroc Telecom reported number
For FY 2025, the board has proposed a cash dividend of 47 fils per share for the second half (July to December) of 2025, bringing the total annual dividend to 90 fils per share. The board has also announced that the total annual dividend will increase in 2026 to reach 95 fils per share—further highlighting e&'s commitment to delivering added value to its shareholders.
Also today, e& announced that its Group Chief Executive Officer, Hatem Dowidar, has decided to step down from his position as Group CEO after 6 years in the role. The Board of Directors has accepted his resignation, with his last day in service to be 31 March 2026.
Dowidar has led e& since 2020, steering the organisation through a period of significant transformation and international expansion. Under his leadership, e& accelerated its strategic evolution from a regional telecommunications operator into a global technology and group, strengthening its footprint across the Middle East, Africa, Asia and Europe, and advancing its digital, fintech, enterprise and digital lifestyle verticals. During his tenure, the Group delivered record financial performance and reinforced its position as one of the world's leading technology and telecom brands.
The Board of Directors has appointed Masood M. Sharif Mahmood, who has been serving as Chief Executive Officer of e& UAE since 2021, as successor to assume the roles of both, Group Chief Executive Officer of e& and Chief Executive Officer – UAE, effective 1 April 2026.
H.E. Jassem Mohamed Bu Ataba Alzaabi, Chairman of e&, said: "e&'s record 2025 results reflect the continued success of our strategy to evolve into a global technology group anchored by strong business pillars and disciplined execution. We are redefining the future of connectivity and enabling new possibilities across enterprise solutions, fintech and digital platforms.
On behalf of the Board, I extend our sincere appreciation to Hatem for his leadership and the significant progress achieved during his tenure. He has played a key role in advancing e&'s transformation and strengthening long-term shareholder value, and we wish him every success in his future endeavours."
Hatem Dowidar said: "It has been an honour to lead e& during a defining chapter in its history. I am proud of what we have accomplished together, transforming our business, expanding internationally, and building new growth engines for the future. The record results achieved in 2025 reflect the strength of our strategy, the resilience of our operating model, and the dedication of our people.
I extend my sincere gratitude to the Chairman, the Board, our leadership team and all our employees for their unwavering commitment and support. I remain confident in e&'s continued success in the years ahead under the leadership of Masood."
Masood M. Sharif Mahmood said:
"I am deeply honoured to take on the role of Group Chief Executive Officer of e& and grateful for the opportunity to lead this ambitious global company,". Masood, who brings more than 25 years of senior leadership experience in communications, investments and technology sectors, also said "I want to thank Eng Hatem Dowidar for his exceptional leadership and partnership and the Chairman and the Board of Directors for their trust and endorsement. I look forward to building on our shared achievements with our talented teams, OpCos, and partners worldwide."
e& remains focused on executing its strategic priorities, embedding advanced technologies including AI across its operations, and delivering sustainable value for its shareholders, customers, partners and the communities it serves.
Media contact:
Nancy Sudheer
Senior Manager
nsudheer@eand.com
+971 50 705 5290
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
e& delivers record revenue and net profit in FY 2025 growing consolidated revenue 23% to AED 72.9 billion
e& delivers record revenue and net profit in FY 2025 growing consolidated revenue 23% to AED 72.9 billion
