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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.
BHM Capital Financial Services reported strong financial results for the first half of 2025, reinforcing its status as a key player in the UAE's capital markets. The company achieved a 23% increase in total income, reaching 94.4 million dirhams, and a 32% rise in net profit to 22.2 million dirhams compared to the same period in 2024. Earnings per share also grew by 21%. Total assets increased by 22%, and shareholders' equity rose by 9%, aided by the distribution of grant shares. The total trading value grew by 23% to 35.58 billion dirhams. BHM Capital opened 17,539 new accounts, capturing 40% of new accounts in the Dubai Financial Market, which increased to 47% in July. CEO Abdul Hadi Al Sa’di attributed the success to strategic planning and team efforts, emphasizing the company's commitment to expanding investment access and maintaining leadership in the UAE's financial sector. BHM Capital aims to continue its growth and contribute to the future of regional financial markets.
BHM Capital Financial Services PSC has released its condensed consolidated interim financial information for the six-month period ending on June 30, 2025.
Salik has been recognized as the Fastest Growing Transportation Infrastructure Provider in the UAE for 2025 by Global Brands Magazine. This award highlights Salik's achievements in revenue growth, project expansion, and innovation in the transportation sector. The Global Brand Awards honor exceptional performance and innovation across various industries. Salik's recognition reflects its leadership and commitment to advancing transport infrastructure through innovative solutions and strategic growth. Jay Reddy, CEO of Global Brands Magazine, praised Salik for its innovative tolling solutions and commitment to sustainable mobility. Ibrahim Al Haddad, CEO of Salik, expressed pride in receiving the award, emphasizing the company's rapid growth and innovative efforts in enhancing mobility in the UAE. Salik continues to focus on delivering intelligent, customer-centric mobility solutions, contributing to the transformation of transportation infrastructure in the region. Established in June 2022, Salik is Dubai's exclusive toll gate operator, utilizing advanced technologies and holding a long-term concession agreement with the Roads and Transport Authority. Global Brands Magazine, based in the UK, is a leading publication providing insights and news on influential brands.