DEWA’s Role in Shaping Dubai’s Sustainable Infrastructure
01 October 2024•
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Dubai Electricity Water Authority, best known as DEWA (pronounced: /dei-wah/ or /dju:wa/) for short, is a publicly listed utility company, at the face of it. But dig a little bit deeper, and one quickly realizes that it is not just any typical utility company.
For starters, it might surprise some, that Dubai’s utility player is the 15th largest utility company in the world, by market capitalization – and all this despite having one of the fewest subsidiaries and employees in comparison to most other top global utilities players.
In 2023, DEWA’s annual consolidated revenue increased by 7% to AED 29.2 billion (equivalent to US $7.96 billion).
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