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Dewa profit doubles as revenue crosses $2bn

By CityCalc Newsroom · Tue May 12 2026 · Source: AGBI

Dubai Electricity and Water Authority (Dewa) said revenue hit a new high in the first quarter, driving net earnings up by almost 90 percent despite the Iran war. Revenue rose over 8 percent to AED8.2 billion ($2.2 billion) in the three months ending on March 31, driven by sustai…

Dubai Electricity and Water Authority (Dewa) said revenue hit a new high in the first quarter, driving net earnings up by almost 90 percent despite the Iran war. Revenue rose over 8 percent to AED8.2 billion ($2.2 billion) in the three months ending on March 31, driven by sustai…

Curated by CityCalc from AGBI. Read the full article at the source.

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