Saturday, October 18

Tag: Dubai Electricity and Water Authority

DEWA collaborates with severalorganisations to expand EV fast charging network
World

DEWA collaborates with severalorganisations to expand EV fast charging network

Dubai Electricity and Water Authority (DEWA) has signed agreement and contracts to expand the electric vehicle (EV) charging network across Dubai, as part of its EV Green Charger initiative, launched in 2014. DEWA signed the contracts and agreements with Emirates National Oil Company (ENOC), Dubai Taxi and Parkin company. “In collaboration with our partners from the government and private sectors, we are enhancing Dubai’s green mobility journey by building and developing an integrated infrastructure for charging electric vehicles. This contributes to reducing carbon emissions and achieving the goals of the Dubai Clean Energy Strategy 2050, the Dubai Net Zero Carbon Emissions Strategy 2050 and the Dubai Green Mobility Strategy. We continue to ...
DEWA announces record quarterly revenue of AED 5.96 billion and quarterly Cash from Operations of AED 3.85 billion 
World

DEWA announces record quarterly revenue of AED 5.96 billion and quarterly Cash from Operations of AED 3.85 billion 

Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, listed on the Dubai Financial Market (DFM), reported its first quarter 2025 consolidated financial results, recording quarterly revenue of AED 5.96 billion, EBITDA of AED 2.43 billion, operating profit of AED 838 million and net profit of AED 496 million.The company also generated a record net cash from operations of AED 3.85 billion resulting in closing cash and cash equivalents of AED 8.17billion, which is AED 2.07 billion higher than the balance as at year-end 2024. “We are progressing in our journey to Net Ze...
//otieu.com/4/4670376