INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

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.