This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services cloud infrastructure in the GCC.

Search Site

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

DEWA discusses cooperation in renewable energy with German delegation

  • DEWA's CEO emphasized the importance of strengthening strategic cooperation with German enterprises in water, renewable, and clean energy
  • The delegation applauded the UAE's leading role in dealing with climate change and promoting a sustainable, safe, and healthy environment

Dubai, UAE— Dubai Electricity and Water Authority (DEWA) has held discussions with a delegation from Germany on how to boost cooperation in clean and renewable energy.

In this regard, Saeed Mohammed Al Tayer, MD and CEO of DEWA), received a high-level delegation from the German region of Lusatia, led by Silke Schwabe, Head of Business Area: Foreign Trade and Corporate Development, Chamber of Commerce and Industry (IHK) Cottbus.

The delegation visited the UAE at the initiative of Germany Trade and Invest, the Cottbus Chamber of Commerce and Industry. It included representatives from the German Trade and Investment Authority, the German-Emirati Joint Council for Industry and Commerce, the Cottbus Chamber of Commerce and Industry, MinGenTec (Mining and Generation Technology), as well as green technology companies and organisations from Lusatian.

Al Tayer welcomed the visiting delegation, emphasising the importance of strengthening strategic cooperation between DEWA and German enterprises in water, renewable, and clean energy.

During the meeting, Al Tayer presented DEWA’s key projects, initiatives, and plans to realise the vision of the wise leadership to support a green economy and accelerate the shift to net-zero by increasing the share of solar energy and other clean energy sources, such as hydroelectric power and green hydrogen in the energy mix. This helps achieve the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100% of the energy production capacity from clean energy sources by 2050.

He also reviewed DEWA’s efforts to use all its resources to keep pace with the Fourth Industrial Revolution to help make Dubai a sustainable smart city. This supports the UAE Centennial 2071 to make the UAE the world’s leading nation by its Centennial in 2071.

Al Tayer also talked about the pumped-storage hydroelectric power plant in Hatta, with a planned production capacity of 250 MW, a storage capacity of 1,500 megawatt-hours, and a life span of up to 80 years. This is the first station of its kind in the GCC region.

The German delegation commended the UAE’s leading role in dealing with climate change and promoting a sustainable, safe, and healthy environment for future generations