Dubai Electricity and Water Authority (PJSC) (DFM: DEWA)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
2.560
+0.040 (1.59%)
At close: Sep 26, 2024

DEWA Company Description

Dubai Electricity and Water Authority (PJSC) generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai.

The company operates through four segments: DEWA, EMPOWER, IPP, and Others. It is involved in the water desalination, transmission, and distribution business; provision and maintenance of cooling plants; development, operation, and maintenance of power and water plants under the independent water producer (IPP) model; and purification and sale of potable water.

The company also provides information technology infrastructure, networking, computer system housing, and data entry services; communication equipment, software design, data classification and analysis, and data centre co-location services; air conditioning, ventilation, and air filtration system installation, and maintenance services; project development and consultant services; desalination and sewage treatment plant operation and maintenance services; and parking management electronic systems installation and maintenance services.

In addition, it invests and manages commercial, industrial, retail trade, and energy enterprises; implements energy measures in buildings; manufactures insulated pipes; and manages and operates satellite.

Additionally, the company provides satellite services; wired and wireless communication system installation; energy projects engineering consultancy and carbon control systems trading services; solar energy systems rental and installation services; and space situational tracking, monitoring, awareness services.

Dubai Electricity and Water Authority (PJSC) was founded in 1959 and is headquartered in Dubai, the United Arab Emirates.

Dubai Electricity and Water Authority (PJSC)
Country United Arab Emirates
Founded 1959
Industry Electric Services
Employees 11,206
CEO Saeed Mohammed Al Tayer

Contact Details

Address:
Sheikh Rashid Road
Dubai
United Arab Emirates
Phone 971 4 601 9999
Website dewa.gov.ae

Stock Details

Ticker Symbol DEWA
Exchange Dubai Financial Market
Fiscal Year January - December
Reporting Currency AED
SIC Code 4911

Key Executives

Name Position
Saeed Mohammed Al Tayer Chief Executive Officer
Thomas Varghese Chief Financial Officer