Companies
Dubai Electricity and Water Authority
United Arab Emirates · Electricity and water utility · State-controlled, listed · DFM: DEWA · Founded 1992 · Dubai
The exclusive electricity and water utility provider in Dubai, by its own description (February 2026). It was created in 1992 from the merger of the Dubai Electricity Company and the Dubai Water Department, and was listed on the Dubai Financial Market in April 2022; it is majority owned by the Government of Dubai, according to its 2026 interim financial statements. Majid Hamad Rahma Al Shamsi chairs its Board of Directors and Saeed Mohammed Al Tayer is its MD & CEO. Its system installed capacity at the end of 2025 included the Mohammed bin Rashid Al Maktoum Solar Park.
Verified · updated 4 Oct 2026
Key facts
AED 32.84 bn
Revenue
Dubai Electricity and Water Authority — audited FY2025 consolidated financial statements·FY2025·source dated 27 Feb 2026·updated 4 Oct 2026·About this indicator
AED 8.35 bn
Net income
Dubai Electricity and Water Authority — audited FY2025 consolidated financial statements·FY2025·source dated 27 Feb 2026·updated 4 Oct 2026·About this indicator
Ownership and relationships
- includes in its system installed capacityMohammed bin Rashid Al Maktoum Solar ParkDubai Electricity and Water Authority (DEWA) · source dated 10 Feb 2026 ↗
- parent (through Digital DEWA) ofMoro HubDEWA — news: Moro Hub welcomes high-level delegation (2 Jul 2025) · as of 2 Jul 2025 ↗
- Chairman of the Board of Directors:Majid Hamad Rahma Al ShamsiDubai Media Office · source dated 21 Jun 2026 ↗
- MD & CEO:Saeed Mohammed Al TayerDubai Media Office · source dated 21 Jun 2026 ↗
Key people
- Saeed Mohammed Al Tayer · MD & CEO, DEWA
- Majid Hamad Rahma Al Shamsi · Chairman of the Board of Directors, DEWA
History
| Key indicators | Period | Value | Source |
|---|---|---|---|
| Revenue | FY2025 | AED 32.84 bn | Dubai Electricity and Water Authority — audited FY2025 consolidated financial statements·FY2025·source dated 27 Feb 2026·updated 4 Oct 2026 |
| Revenue | FY2024 | AED 30.98 bn | Dubai Electricity and Water Authority — audited FY2025 consolidated financial statements·FY2024·source dated 27 Feb 2026·updated 4 Oct 2026 |
| Net income | FY2025 | AED 8.35 bn | Dubai Electricity and Water Authority — audited FY2025 consolidated financial statements·FY2025·source dated 27 Feb 2026·updated 4 Oct 2026 |
| Net income | FY2024 | AED 7.01 bn | Dubai Electricity and Water Authority — audited FY2025 consolidated financial statements·FY2024·source dated 27 Feb 2026·updated 4 Oct 2026 |