DEWA posts near 14.9 billion dirhams in half-year revenue
During the first half of 2026, Dubai Electricity and Water Authority (DEWA) recorded record revenues of approximately 14.86 billion Dirhams, with a net profit reaching 3.33 billion Dirhams, reflecting a 15.02% increase compared to the previous period. The results demonstrate the authority's commitment to promoting sustainability and achieving carbon neutrality by 2050 through increasing reliance on clean energy, which accounted for 19.9% of electricity generation in the second quarter of the year. The authority also plans to expand its capacity through growth projects that include renewable energy sources and sustainable water desalination, aiming to exceed 23 gigawatts of electricity generation by 2030, with around 36.1% coming from renewable sources, and to elevate water production to 735 million gallons per day. By achieving these goals, DEWA emphasizes its continued financial and technological growth to support Dubai's sustainable economy.
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