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2026-09-28T10:17:00.000Z

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DEWA to Distribute 3.1 Billion Dirhams in Dividends

DEWA to Distribute 3.1 Billion Dirhams in Dividends

The Dubai Electricity and Water Authority (DEWA) Board of Directors has approved a cash dividend distribution of 3.1 billion dirhams for the first half of 2026, to be paid to shareholders next October. This decision follows DEWA’s record-breaking results, as its revenues increased to 14.86 billion dirhams, growing by 1.8%, and its net profits rose to 3.33 billion dirhams, an increase of 15.02% compared to the first half of 2025. These distributions are part of the company's policy to distribute annual dividends of no less than 6.2 billion dirhams over five years, supported by the growing demand for electricity and water services in Dubai and the increase in the number of accounts to approximately 1.36 million.

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