The Dubai Electricity and Water Authority (DEWA) has reported remarkable growth in its financial results for the first half of 2025, with profits soaring by 13.2% to reach 2.9 billion dirhams. This impressive performance is a testament to DEWA’s commitment to innovation and sustainability, aligning with Dubai’s vision for economic advancement. With revenues reaching 14.6 billion dirhams and substantial cash flows, DEWA’s success reflects the increasing demand for essential services and the organization’s focus on operational excellence.
Robust Financial Performance
In its consolidated financial results for the first half of 2025, DEWA reported significant metrics: total revenues stood at 14.6 billion dirhams, with earnings before interest, taxes, depreciation, and amortization (EBITDA) amounting to 7 billion dirhams. Operating profits reached 3.7 billion dirhams, while net profits hit 2.9 billion dirhams, marking a remarkable 13.2% increase. Additionally, operational cash flows totaled 9.2 billion dirhams, showcasing robust financial health that underscores the authority’s successful strategy in meeting the growing demand for its services.
Visionary Leadership
DEWA’s Vice President and CEO, Saeed Mohammed Al Tayer, emphasized the organization’s dedication to innovation and sustainability. “We are committed to being an innovative and sustainable entity, inspired by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,” Al Tayer stated. With the strategic guidance of top leaders, including Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, DEWA aims to achieve its ambitious goal of carbon neutrality by 2050 while continuing to support Dubai’s significant developmental progress.
Continued Growth and Investment
Al Tayer noted that the financial results for the first half are the strongest in the organization’s history, reflecting robust demand and operational excellence. Revenues increased by 6.9%, profits before deductions grew by 5.3%, and net profits experienced a promising rise of 13.2%. The board of directors has approved a dividend of 3.1 billion dirhams for the first half, set to be distributed in October 2025. So far, DEWA has invested over 230 billion dirhams in advanced infrastructure, which continues to reinforce its business model and capacity to deliver strong returns while fostering sustainable development in Dubai.
Strategic Focus on Sustainability
DEWA exhibited stellar financial and operational performance in the first half, with a 6.9% year-over-year revenue increase propelled by consistent demand for electricity and water. Furthermore, the expansion of district cooling services through Empower has played a crucial role in this growth. Operational efficiency and effective cost management resulted in EBITDA growing by 5.3% to 7 billion dirhams, reflecting the core profitability strength of the organization. Moving forward, DEWA anticipates stronger contributions to revenue and profits in the second half of the year, aligning with the seasonal pattern of its operations while maintaining a strategic focus on investments in clean energy and digital infrastructure, pivotal to Dubai’s vision of a green economy.