Dubai Electricity & Water Authority PJSC

Dubai Electricity & Water Authority PJSC

Pressreleases, Reports and Disclosures for Dubai Electricity & Water Authority PJSC

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Dubai Financial Market News
Disclosure: Clarification from the Company Regarding News Published in the Media

The Dubai Electricity and Water Authority (DEWA) has issued a clarification regarding a market disclosure by ACWA related to the Hassyan Sea Water Desalination Project. The key details confirmed are: ACWA Power holds a 40% share while DEWA holds 60%. The project will have a desalination capacity of 272,000 cubic meters per day, with an expected commercial operation date in October 2029. The term of the water purchase agreement is 30 years, and the contract value is approximately 478 million dollars.

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Dubai Financial Market News
Disclosure: Results of Board Decisions by Passing

The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) has approved a cash dividend distribution of AED 3.1 billion for the first half of 2026. The distribution will occur in October 2026, with key dates as follows: the last entitlement date is October 14, 2026, the ex-dividend date is October 15, 2026, and the record date is October 16, 2026. This decision was made by circular resolution. The notification is addressed to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, and is signed by Aakash Nijhawan, Group Head of Investor Relations.

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Dubai Financial Market News
Disclosure: Board Decisions by Passing

A notification has been issued to the Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) regarding a circular resolution to be presented on Tuesday, 6 October 2026, at 9:00 am. The resolution seeks approval for the distribution of AED 3.1 billion in cash dividends for the first half of 2026, to be distributed in October 2026. The schedule for the dividend distribution is as follows: Last Entitlement Date is 14 October 2026, Ex-Dividend Date is 15 October 2026, and Record Date is 16 October 2026. This notice is issued on behalf of DEWA by Aakash Nijhawan, Group Head of Investor Relations.

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Dubai Financial Market News
Disclosure: Press release

His Highness Sheikh Ahmed bin Saeed Al Maktoum announced the launch of 'DEWA International,' a new subsidiary of the Dubai Electricity and Water Authority (DEWA) aimed at developing energy and water projects globally. The initiative seeks to export Dubai's successful infrastructure model to international markets. The launch event was attended by various dignitaries, including government officials and representatives from DEWA, Emirates Global Aluminium, ENOC, Dragon Oil, and Etihad Water and Electricity. Sheikh Ahmed emphasized that this step aligns with the vision of Dubai's leadership to position the city as a global benchmark in energy, water, sustainability, and digital transformation. His Excellency Saeed Mohammed Al Tayer, MD & CEO of DEWA, highlighted the importance of sharing Dubai's capabilities with global partners to build a sustainable future.

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Dubai Financial Market News
Disclosure: Press release regarding financial results for the 3rd QTR of 2025

Dubai Electricity and Water Authority PJSC (DEWA) reported record-breaking financial results for the first nine months of 2025, with revenue reaching AED 25 billion and an operating profit of AED 8.3 billion. This marks the strongest financial performance in the company's history, with revenue, EBITDA, and net profit each surpassing the previous year's figures by AED 1.3 billion. Cash from operations exceeded AED 15 billion, and AED 3.1 billion was paid as dividends to shareholders on October 29, 2025. For the nine months of 2025, revenue was AED 24.9 billion, EBITDA was AED 13.1 billion, operating profit was AED 8.3 billion, and profit after tax was AED 6.8 billion, all showing significant year-on-year growth. The third quarter of 2025 also saw record results, with revenue of AED 10.3 billion, EBITDA of AED 6.2 billion, operating profit of AED 4.6 billion, and profit after tax of AED 3.9 billion, all reflecting substantial year-on-year increases. DEWA remains committed to innovation and sustainability, guided by the vision of the UAE's leadership.

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Dubai Financial Market News
Disclosure: Financial statements for the 3rd QTR of 2025

The document is the condensed consolidated interim financial information of Dubai Electricity and Water Authority PJSC and its subsidiaries for the nine-month period ending on September 30, 2025. This financial information is unaudited.

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Dubai Financial Market News
Disclosure: Results of BOD Meeting

The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) held a meeting on Wednesday, 12 November 2025, at 9:00 am. During the meeting, the Board approved the company's financial statements for the third quarter ending on 30 September 2025 and reviewed general business matters. The notification was addressed to Mr. Hamed Ahmed Ali, Chief Executive Officer of the Dubai Financial Market, and was signed by Aakash Nijhawan, Group Head of Investor Relations at DEWA.

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Dubai Financial Market News
Disclosure: BOD meeting

A notification has been issued regarding a meeting of the Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA). The meeting is scheduled to take place on Wednesday, November 12, 2025, at 9:00 AM. The agenda includes reviewing and considering the company's financial statements for the third quarter of 2025, along with discussing other business matters. The notice is signed by Aakash Nijhawan, Group Head of Investor Relations, on behalf of DEWA.

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Dubai Financial Market News
Disclosure: Press release regarding financial results for the 2nd QTR of 2025

Dubai Electricity and Water Authority PJSC announced record financial results for the first half of 2025, reporting a revenue of AED 14.6 billion, a 6.9% increase year-over-year. The profit after tax reached AED 2.9 billion, up 13.2% from the previous year, and operating cash flow surged by 61.3% to AED 9.2 billion. For the second quarter of 2025, profit after tax increased by 25.8% year-over-year to AED 2.4 billion. The company's board approved a dividend payment of AED 3.1 billion for the first half of 2025, to be distributed in October. DEWA, listed on the Dubai Financial Market, is the exclusive provider of electricity and water services in Dubai.

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Dubai Financial Market News
Disclosure: Financial statements for the 2nd QTR of 2025

The document is the condensed consolidated interim financial information of Dubai Electricity and Water Authority PJSC and its subsidiaries for the six-month period ending on June 30, 2025. The information is unaudited.

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Dubai Financial Market News
Disclosure: Results of BOD Meeting

The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) held a meeting on August 8, 2025. During the meeting, they approved the company's financial statements for the second quarter of 2025 and agreed to distribute a cash dividend of AED 3.1 billion for the first half of 2025, to be paid in October 2025. The last entitlement date for the dividend is October 15, 2025, the ex-dividend date is October 16, 2025, and the record date is October 17, 2025. The Board also reviewed general business matters. The notification was signed by Aakash Nijhawan, Group Head of Investor Relations, on behalf of DEWA.

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Dubai Financial Market News
Disclosure: BOD meeting

The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) will hold a meeting on Friday, August 8th, 2025, at 9:00 AM. The agenda includes reviewing and considering the company's financial statements for the second quarter of 2025, as well as discussing other general business matters. The notification is issued by Aakash Nijhawan, the Group Head of Investor Relations.

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