Saif Al Tayer: Dubai No Price Hike
Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), confirmed that there are currently no plans to increase electricity or water prices or to alter the current tariffs. He pointed out that the emirate benefits from enormous productive surpluses and strategies that maintain the stability and sustainability of these services. The electricity generation capacity reaches approximately 18,000 megawatts, while water supplies exceed demand by 220 million gallons per day, with a strategic reserve estimated at 30%. Additionally, the Authority possesses a strategic storage system and modern technologies for water production, aligned with sustainability initiatives and efforts to reduce the carbon footprint.
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