Dubai Electricity & Water Authority PJSC

Dubai Electricity and Water Authority (DEWA) will pay AED 3.1 billion in dividends to shareholders on October 26th, 2023. The payment, which equates to 6.2 fils per share, was authorized by DEWA's board and is applicable to all shareholders recorded as of October 18th, 2023. The company's CEO, Saeed Mohammed Al Tayer, has stated that DEWA's strategy is focused on sustainable growth, innovative operational excellence, and delivering robust returns to shareholders.

The Dubai Electricity and Water Authority (DEWA) has received the ISO 37301:2021 certification in Compliance Management, making it one of the first local and international entities to achieve this. The certification recognizes DEWA's adherence to all relevant laws, legislation, and requirements in its operations. The certificate was awarded to DEWA's CEO, Saeed Mohammed Al Tayer, by the Bureau Veritas team. DEWA aims to enhance a culture of compliance among its employees and stakeholders, and is committed to achieving net-zero by 2050. The company has been following governance standards since 2008 and has won three Global Good Governance Awards in 2022.

The CEO of Dubai Electricity and Water Authority (DEWA), Saeed Mohammed Al Tayer, met with a delegation from the US Consulate General in Dubai and representatives from major American auto makers including General Motors, Ford, Tesla, and Stellantis. The meeting aimed to exchange knowledge and best practices regarding electric car infrastructure and to discuss DEWA’s Green Charger initiative. The initiative, launched in 2014, supports Dubai's strategies to increase renewable energy use and reduce carbon emissions. It has led to the installation of over 380 Green Chargers, providing access to over 700 charging points throughout Dubai. The US delegation commended DEWA's commitment to sustainable development and expressed interest in enhancing cooperation in sustainable transportation solutions and electric vehicle charging infrastructure.