Press releases, Reports & Disclosures for Dubai Electricity & Water Authority PJSC

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.

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.

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.

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.

Dubai Electricity and Water Authority PJSC (DEWA) has been added to the MSCI Emerging Markets Index as of May 30, 2025. DEWA, listed on the Dubai Financial Market, is the largest company on the market with a capitalization exceeding AED 130 billion. The inclusion in the MSCI Index is a significant milestone for DEWA, enhancing its global investment appeal. DEWA's addition to the index is notable due to its large market capitalization, aligning it with other sought-after emerging market companies. DEWA is recognized for its stability, growth potential, and commitment to sustainable energy goals, making it attractive to international investors. The MSCI Emerging Markets Index is a major global benchmark with over 1,400 constituents and approximately US$7 trillion in assets linked to it. Inclusion in the index can lead to automatic capital inflows from passive investment funds, providing consistent demand for DEWA's stock.

Dubai Electricity and Water Authority PJSC (DEWA) reported record financial results for the first quarter of 2025, achieving a revenue of AED 5.96 billion and net cash from operations of AED 3.85 billion. This marks the highest first-quarter figures in the company's history for revenue, cash from operations, power generation, clean power generation, and desalinated water production. The revenue increased by 2.83% compared to the first quarter of 2024, while cash from operations rose by 17.86%. DEWA's EBITDA was AED 2.43 billion, with an operating profit of AED 838 million and a net profit of AED 496 million. The company ended the quarter with cash and cash equivalents of AED 8.17 billion, AED 2.07 billion more than at the end of 2024. DEWA's leadership attributes these results to their commitment to innovation and sustainability, guided by the vision of Dubai's leadership, and their ongoing efforts towards achieving Net Zero by 2050.

The document is the condensed consolidated interim financial information for Dubai Electricity and Water Authority PJSC and its subsidiaries for the three-month period ending on March 31, 2025. The financial information is unaudited.

The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) has approved the company's audited financial statements for the first quarter of 2025. Additionally, the Board reviewed general business matters. This notification is addressed to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, and is signed by Aakash Nijhawan, Group Head of Investor Relations at DEWA.

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 for Monday, May 12th, 2025, at 9:00 am. The agenda includes reviewing and considering the company's financial statements for the first quarter of 2025, as well as discussing other business matters. The notice is signed by Aakash Nijhawan, Group Head of Investor Relations, on behalf of DEWA.

The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) has made several appointments. H.E. Majid Hamad Rahma Al Shamsi is appointed as the Chairman of the Board, and H.E. Saeed Mohammed Al Tayer as the Vice Chairman. Mr. Saeed Mohammed Al Sharid is appointed as the Chairman of the Audit & Risk Committee, with members H.E. Essa Mohammed Khalifa Ghanim Almutaiwei and Mr. Mohammed Gomaa Saif Al Suwaidi. Mr. Hilal Khalfan Bin Dhaher is appointed as the Chairman of the ESG, Nomination, and Remuneration Committee, with members Dr. Hamad Mubarak Mohammed Buamim and Dr. Moza Sweidan. H.E. Marwan Ahmed Ali Bin Ghalita AlMheiri is appointed as the Chairman of the Budget Committee, with members Dr. Saeed Mubarak Khalfan Kharbash Almarri and Mr. Rashed Ali Ahmed Bin Obood AlFalasi. Ahmed Talaat is appointed as the Board Secretary. The Board also reviewed general business matters.