The Dubai Electricity and Water Authority PJSC (DEWA), a cornerstone of Dubai's infrastructure, has announced a significant upcoming meeting of its Board of Directors. Scheduled for February 27, 2026, the meeting will focus on reviewing DEWA's audited financial statements for the fiscal year 2025 and considering the appointment of KPMG as the external auditor for 2026.

This meeting is a pivotal moment for DEWA as it not only marks the conclusion of the financial year 2025 but also sets the stage for future strategic planning. The consideration of KPMG, a global leader in audit services, underscores DEWA's commitment to maintaining transparency and integrity in its financial reporting. This move could enhance investor confidence, given KPMG's reputation for high-quality audits.

DEWA's role as the exclusive provider of electricity and potable water in Dubai positions it uniquely in the market. As Dubai continues to expand economically and demographically, DEWA's operational and financial health remains crucial. Reviewing the 2025 financials will provide insights into the company's performance and its ability to meet the growing demands of Dubai's infrastructure.

The strategic appointment of KPMG could also be seen as a proactive measure to align with international best practices, potentially attracting more foreign investments. This decision aligns with DEWA's long-term vision of sustainability and innovation in utility services.

Investors should view this meeting as a positive indicator of DEWA's forward-thinking approach. The focus on a reputable auditor and the thorough review of financial statements suggest a stable and transparent operational framework. Given these developments, the recommendation is to hold DEWA shares. This position allows investors to benefit from potential future growth while observing how the company's strategic initiatives unfold.