WETEX allocates an area for “education and innovation”

Dubai: «The Gulf» As part of its efforts to consolidate the role of youth in achieving carbon neutrality, the Dubai Electricity and Water Authority announced the allocation of an area for “education and innovation” during the twenty-fourth session of the Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Energy 2022 organized by the … Read more

The World Green Economy Summit kicks off on 28th of this month in Dubai

Dubai (Etihad) Dubai Electricity and Water Authority and the World Green Economy Organization have announced that the theme for the eighth session of the World Green Economy Summit will be “Leading Climate Action through Cooperation: The Roadmap to Achieving Carbon Neutrality,” a translation of the UAE’s vision to advance climate action and strengthen international partnerships … Read more

DEWA’s quarterly profit rises, supported by higher consumption and revenue

The net profit of the Dubai Water and Electricity Authority “Dewa” attributable to the company’s shareholders in the first quarter of this year increased by 34% to reach 734.5 million dirhams ($ 200 million) compared to 547.3 million dirhams ($ 149 million) in the comparable quarter of last year, according to the lists Financial sent … Read more

Dubai Electricity honors graduates of the “Executive Trainer” for Institutional Fitness

Dubai (WAM) Dubai Electricity and Water Authority (DEWA) organized, in the Innovation Tent at its headquarters, a ceremony to honor graduates of the “Executive Trainer” program launched by the authority with the aim of building competencies and training capabilities of its employees and consolidating their knowledge about the latest practical approaches in this field. The … Read more

Banning the trading of strategic investors in DEWA for 180 days

Dubai: «The Gulf» Dubai Electricity and Water Authority (DEWA) said that on March 23, 2022, it entered into basic investment agreements with the Emirates Investment Authority (through one of its investment vehicles), ADQ Holding (through one of its investment vehicles), the UAE Strategic Investment Fund, and Multiplay Group (from Through one of its investment vehicles), … Read more

DEWA sets the subscription price between 2.25 and 2.48 dirhams per share

Dubai (Union)Dubai Electricity and Water Authority (DEWA) has set the price range for subscription to its shares between 2.25 and 2.48 per share, which means that the company will raise a maximum of 8.7 billion dirhams, and the company’s valuation at 124 billion dirhams, while the subscription period for individual investors begins today, Thursday. And … Read more