DEWA General Assembly Approves Dividend Distribution of 3.1 Billion Dirhams for the Second Half of 2025

Dubai Electricity and Water Authority (DEWA), the exclusive provider of electricity services and listed on the Dubai Financial Market under the symbol (DEWA), announced that its shareholders have approved the distribution of a total dividend amounting to AED 3.1 billion for the second half of 2025 to eligible shareholders. This decision was made during the annual general assembly held on Thursday, April 2, 2026.

The meeting was chaired by Majid Hamad Rahma Al Shamsi, Chairman of Dubai Electricity and Water Authority, and attended by H.E. Saeed Mohammed Al Tayer, Vice Chairman, Managing Director, and CEO of DEWA, along with board members, where 91.53% of shareholders were present. The assembly was held both in-person in Dubai and remotely.

Attractive Profits

The assembly approved the board’s recommendation regarding the cash distribution of AED 3.1 billion (equivalent to 6.2 fils per share) for the second half of 2025, which is set to be distributed to eligible shareholders in April 2026. Shareholders must be registered in the shareholders’ register by the deadline of Monday, April 13, 2026.

Strategic Planning

Majid Hamad Rahma Al Shamsi stated that, “Thanks to the vision and guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, Dubai continues to establish itself as a leading global hub for finance, business, and tourism, as well as a model of innovation and sustainable development, backed by solid strategic planning and sound governance, demonstrating a high capability to adapt to rapidly changing global trends.” He noted that in 2025, DEWA continued to achieve strong operational and financial results, driven by ongoing demand for electricity, water, and cooling services, along with significant investments in clean energy projects and digital infrastructure. Furthermore, DEWA has solidified its global leadership in key performance indicators for service companies, maintaining record levels of reliability and operational efficiency. In 2025, DEWA’s total annual revenues increased by 6.02% to AED 32.84 billion, primarily fueled by rising demand for electricity, water, and cooling services. The group’s net profit after tax rose by 25.17%, reaching AED 9.06 billion compared to the previous year.

The Chairman expressed his gratitude and appreciation to the shareholders for their ongoing trust and support and praised the efforts of the executive management and teams at DEWA, who work diligently and dedicatedly to ensure the delivery of services at the highest quality, reliability, and efficiency, achieving more milestones in Dubai’s ambitious development journey.

Excellence and Sustainability

H.E. Saeed Mohammed Al Tayer stated, “Thanks to the wise vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum and the directives of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, DEWA remains committed to its focus on excellence, sustainability, and sustainable growth.”

Al Tayer added, “The year 2025 was a significant milestone for DEWA, achieving unprecedented revenues of AED 32.8 billion, earnings before interest, taxes, depreciation, and amortization of AED 17.3 billion, and operational profits nearing AED 11 billion for the first time. The net profit after tax reached AED 9.06 billion, which covers the annual dividend distribution of AED 6.2 billion by approximately one and a half times. This reflects the accelerating growth in demand for our services and robust growth in Dubai’s economy, with peak electricity demand increasing by 5.8% to reach 11,391 MW, and daily peak water demand rising by 7% to 487 million gallons per day compared to the previous year. Inspired by the vision and guidance of our leadership, DEWA continues its journey to achieve higher levels of excellence in all activities, especially in enhancing the green energy agenda and supporting Dubai’s pathway to carbon neutrality by 2050.”

Global Institutions

Al Tayer noted, “We have successfully attracted leading global institutions to Dubai through the independent power and water producer model, providing sustainable electricity and water production at the lowest prices worldwide. Total investments in infrastructure have now exceeded AED 237 billion. In 2025, we invested AED 11.8 billion primarily to enhance renewable energy production and expand transmission and distribution networks. This was essential to serve our growing customer base, with approximately 57,000 new electricity and water accounts added in 2025, bringing the total to over 1.3 million accounts. The efficiency of our network is reflected in a loss rate of 2% in the electricity network and 4.4% in the water network, with the average duration of electricity interruptions per subscriber each year being only 0.82 minutes, all among the lowest globally.”

He continued, “DEWA has always been a pioneer in leveraging digitalization and artificial intelligence to enhance efficiency, reduce costs, ensure service security and reliability, and improve customer experience. This strategy has proven successful, as DEWA currently ranks first globally in 13 key performance indicators and two regional indicators in the utility service sector across production, transmission, distribution, and customer service. I am confident that the organization will maintain its global reputation and achieve further technical excellence, recording exceptional financial results that will meet and exceed the expectations of all stakeholders.”

Al Tayer concluded by expressing his sincere gratitude to the Chairman and esteemed board members for their ongoing support, as well as to the employees of DEWA for their dedication and hard work, and extended his deep appreciation to the valued shareholders for their continued trust in DEWA.

Business

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