Dubai Electricity and Water Authority - Company Profile
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Dubai Electricity and Water Authority (DEWA) is a government-owned utility company that focuses on providing electricity and water services. The company's main activities include the generation, transmission, and distribution of electricity and water. DEWA offers a range of services, including electricity and water management, billing, and sustainability and consumption management. It also provides various services, including bill payment, a smart collection platform, EV charger card services, electricity, and water management, energy audits, clearance certificate services and tariff calculators. It serves residential, commercial, and industrial customers, ensuring the provision of essential utilities across various sectors. The company collaborates with a network of local and international suppliers to support its operations. The company primarily operates within Dubai, targeting the local market for its services. DEWA is headquartered in Dubai, the UAE
Headquarters
United Arab Emirates
Address
Sheikh Rashid Road, Umm Hurair 2, Dubai
Website
www.dewa.gov.ae
Telephone
971 4 3223900
No of Employees
10,722
Industry
Power
Ticker Symbol & Exchange
DEWA (DFM)
Revenue (2024)
$8.9B
6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
19%
(2024 vs 2023)
Market Cap*
$37.7B
Net Profit Margin (2024)
XYZ
12.3%
(2024 vs 2023)
* As of and is in US$
Dubai Electricity and Water Authority premium industry data and analytics
Products and Services
| Services |
|---|
| Electricity & Water Management Services |
| Billing Services |
| Sustainability & Consumption Management |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In February, the company acquired a 24 % stake in Emirates Central Cooling Systems Corporation (Empower) from Dubai Holding. |
| 2025 | Contracts/Agreements | In December, the company received a contract for the supply, installation, testing and commissioning of glass-reinforced epoxy (GRE) water pipelines in Dubai. |
| 2025 | Contracts/Agreements | In December, the company was awarded with AED289 million contract to expand Hassyan water transmission network in Dubai. |
Competitor Comparison
| Key Parameters | Dubai Electricity and Water Authority | Abu Dhabi National Energy Co | Acwa Power Co | Emirates Water and Electricity Co | Etihad Water and Electricity |
|---|---|---|---|---|---|
| Headquarters | United Arab Emirates | United Arab Emirates | Saudi Arabia | United Arab Emirates | United Arab Emirates |
| City | Dubai | Abu Dhabi | Riyadh | Abu Dhabi | Dubai |
| State/Province | Dubai | Abu Dhabi | Riyadh | Abu Dhabi | Dubai |
| No. of Employees | 10,722 | 7,423 | 4,175 | - | - |
| Entity Type | Public | Public | Public | Private | Government |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Saeed Mohammed Al Tayer | Chief Executive Officer; Managing Director; Vice Chairman | Executive Board | 2025 | - |
| Majid Hamad Rahma Al Shamsi | Chairman | Non Executive Board | 2025 | - |
| Hamad Mubarak Buamim | Director | Non Executive Board | 2025 | - |
| Essa Mohammad Al Mutaiwei | Director | Non Executive Board | 2025 | - |
| Mohammed Juma Saif Al Suwaidi | Director | Non Executive Board | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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