Dubai: Dubai Electricity and Water Authority PJSC (DEWA) said its shareholders approved a dividend of AED3.1 billion for the second half of 2025 at the Annual General Assembly held on Thursday. The virtual meeting, chaired by Majid Hamad Rahma Al Shamsi, Chairman of DEWA, was attended by Saeed Mohammed Al Tayer, MD and CEO, board members, and shareholders representing 91.53 percent of the shareholders.
According to Emirates News Agency, the Annual General Assembly has approved DEWA's Board of Directors' recommendation regarding the distribution of a cash dividend amounting to AED3.1 billion (6.2 fils per share) for the second half of 2025, which is intended to be paid to the company's eligible shareholders in April 2026. The record date shall be Monday, 13th April 2026. Majid Hamad Rahma Al Shamsi expressed gratitude for the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, emphasizing Dubai's growing status as a global hub for finance, trade, and tourism, supported by strategic planning and governance.
In 2025, DEWA reported strong operational and financial results, with a consolidated annual revenue increase of 6.02 percent to AED32.84 billion, driven by demand for electricity, water, and cooling services. The group's annual profit after tax surged by 25.17 percent to AED9.06 billion compared to the previous year. Saeed Mohammed Al Tayer highlighted the contributions of Dubai's leadership in maintaining DEWA's commitment to excellence, sustainability, and growth.
The year 2025 marked a milestone for DEWA, achieving unprecedented revenue of AED32.8 billion, EBITDA of AED17.3 billion, and an operating profit nearing AED11 billion. Net profit after tax reached AED9.06 billion, covering an annual dividend of AED6.2 billion, approximately 1.5 times. The increase in demand for DEWA's services reflects Dubai's economic growth, with electricity peak demand rising by 5.8 percent to 11,391 MW and water daily peak demand by 7 percent to 487 million imperial gallons per day.
DEWA is committed to promoting Dubai's progress to Net Zero by 2050, with plans to expand the Mohammed bin Rashid Al Maktoum Solar Park's capacity to 8,000 MW by 2030. By the end of 2025, clean energy capacity accounted for 21.5 percent of DEWA's total installed power capacity of 17,979 MW, with an aim to reach 36 percent by 2030, reducing over 8.5 million tonnes of carbon emissions annually.
The authority has successfully attracted global developers through the IPP and IWP model, investing AED237 billion in infrastructure to date. In 2025, investments of AED11.8 billion focused on renewable energy generation and network expansion, serving a growing customer base that added nearly 57,000 new electricity and water accounts, exceeding 1.3 million accounts. DEWA's network efficiency is demonstrated by low line loss rates and minimal customer minutes lost per year.
DEWA has pioneered digitalisation and AI processes to enhance efficiency, reduce costs, ensure service reliability, and improve customer experiences. This strategy has led to DEWA ranking first globally in 13 key utility performance parameters and two regional indicators across generation, transmission, distribution, and customer service domains.
