INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

DEWA profit after tax $789m

At the end of the second quarter of 2025, DEWA served 1,292,487 customer accounts. (WAM)
  • The first-half revenue of AED 14.6 billion ($3.97 bn), EBITDA of AED 7 billion, operating profit of AED 3.7 billion.
  • DEWA’s total energy generation Including Energy import from IPPs soared to a high of 16.9 TWh.

Dubai, UAE — Dubai Electricity and Water Authority (DEWA) reports first-half revenue of AED 14.6 billion ($3.97 bn), EBITDA of AED 7 billion, operating profit of AED 3.7 billion, net profit of AED 2.9 billion and cash from operations of AED 9.2 billion.

Saeed Mohammed Al Tayer, Vice Chairman and MD & CEO of DEWA, said, “We approved a dividend of AED 3.1 billion ($843m) for H1, 2025, which is payable in October, 2025. To date we have invested over AED 230 billion in state-of-the-art infrastructure.”

In the second quarter of 2025, DEWA’s total energy generation Including Energy import from IPPs soared to a high of 16.9 TWh marking a 10.88% increase from the 15.3 TWh recorded during the second quarter of 2024.

Notably, DEWA generated 3.3 TWh of clean energy during the quarter. This clean energy accounted for 19.46 percent of the total energy generated in Q2, 2025. DEWA is committed to using clean energy to maintain a sustainable generation mix to meet the consistently growing demand. In addition, DEWA delivered 2.18 TWh from Hassyan power plant and 11.46 TWh from its remaining generation portfolio during the second quarter of 2025.

DEWA experienced a 2.95 percent increase in its quarterly peak power demand compared to Q2, 2024, reaching 10.545 GW. The quarterly gross heat rate of 7,693 BTU/kWh achieved, represents a stellar 7.01% improvement over the same period from the previous year. Collectively, these achievements highlight the company’s unwavering commitment to delivering operational excellence while facing very strong top line demand.