Search Site

Trends banner

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

DEWA awards pipeline contract

DEWA employs cutting-edge technologies in the installation of pipes and their accessories.
  • The contract is part of the pumped-storage hydroelectric power plant that DEWA is currently constructing in Hatta, a first of its kind in the GCC
  • The CEO of DEWA said the project supports the plan to develop Hatta and address its social, economic and environmental requirements

Dubai, UAE–Dubai Electricity and Water Authority (DEWA) has awarded an $3 million contract for a project to lay a 562 metre Glass-Reinforced Epoxy (GRE) water pipeline with 1,500-millimetre diameter in Hatta.

This project includes constructing a jet valve chamber to extend the lower outlet valve of Hatta Dam to the Wadi area. This project is part of the pumped-storage hydroelectric power plant that DEWA is currently constructing in Hatta, which is the first station of its kind in the GCC region.

Saeed Mohammed Al Tayer, MD and CEO of DEWA, said that this project supports the comprehensive plan to develop Hatta and address its social, economic, developmental and environmental requirements. DEWA is developing a world-class infrastructure for electricity and water to keep pace with the growing demand in Dubai and provide its services according to the highest standards of availability, reliability, efficiency, and quality.

It applies the best global practices in all its projects and leverages the latest technologies in the generation, transmission, distribution and management of electricity and water networks, to raise production and operational efficiency.

DEWA also employs cutting-edge technologies in the installation of pipes and their accessories according to the highest international standards to increase the lifespan of its assets and reduce operational costs.