#DEWA

Dubai’s DEWA increases stake size from 6.5% to 17% in IPO

DEWA is expected to list on the Dubai Financial Market on or around April 12, 2022

Abu Dhabi’s Multiply Group to invest Dhs367m in DEWA IPO

In 2021, Multiply Group acquired stakes in UAE-based assets and international high growth firms such as Firefly, Savage X Fenty, Getty images and Viola

Alpha Dhabi invests Dhs367m in DEWA’s IPO

The investment has been made through its subsidiary Alpha Dhabi Partners Holding

UAE’s DEWA IPO subscription period opens today

The price range is set between Dhs2.25 and Dhs2.48 per share, implying a market capitalisation of between Dhs112.5bn and Dhs124bn

Museum of the Future signs partnerships with RTA, Emirates, Audi, among others

These partnerships support the museum’s role in enhancing Dubai and the world’s readiness for the future

Global emissions from buildings, construction climb to record levels

Dubai to reduce almost a third of its carbon emissions by 2030

The Dubai Supreme Council of Energy approved updated plans for the programme that will help the UAE meet its net-zero goal by 2050

Dubai Electricity and Water Authority

Dubai’s energy demand grows 10% y-on-y in 2021

Energy demand in 2021 reached 50,202 gigawatt-hours compared to 45,712 gigawatt-hours in 2020

Dubai’s DEWA inaugurates 16 new substations in 2021

The total value of DEWA’s investments in electricity transmission in 2021 reached Dhs9.5bn

Dubai Electricity and Water Authority DEWA

DEWA commissioned 1,310 11kV distribution stations in Dubai in 2021

These stations are mainly spread across Mohammed bin Rashid Gardens, Airport City, Wadi Al Safa, and Al Yafra 2

DEWA CEO discusses cooperation in renewable energy with Spanish Ambassador

The Spanish delegation expressed interest in participating in DEWA’s projects in clean and renewable energy and water

Digital DEWA’s Moro Hub breaks ground for solar-powered data centre in Dubai

The data centre will be implemented by Moro Hub at the Mohammed bin Rashid Al Maktoum Solar Park in Dubai

Dubai plans to list district cooling firm Empower in IPO push

The government said last month it wants to sell shares in 10 companies, and it has been encouraging private and family-owned businesses to follow suit

DEWA NEW CENTRE

Dubai’s DEWA inaugurates new visitor centre in fourth phase of mega solar park

The 950MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park has investments totalling Dhs15.78bn based on the IPP model

Dubai’s utility asks banks to pitch for multi-billion dollar IPO

DEWA reported net income of $1.3bn for 2019

Dubai to encourage IPOs from private firms to revive market

The city merged its economic and tourism departments on Saturday

Dubai announces plans to list utility DEWA in the ‘coming months’

The utility has projects valued at around Dhs86bn that are planned to be commissioned in the next five years

Dubai’s DEWA to hold Solar Decathlon Middle East at Expo 2020 Dubai

The competition will be – for the first time in its history – linked to a World Expo 

Dubai’s DEWA enables EV users to charge at ‘green charger’ stations

Customers can locate DEWA charging stations through its website and smart app as well as through a variety of digital map platforms

Dewa Dubai

Construction on Dubai’s Dhs287.8m Nakhali water reservoir to be completed in Q3 2021

The reservoir will have a storage capacity of 120 million imperial gallons

DEWA to provide free charging to non-commercial electric vehicles in Dubai under new initiative

As of February 2021, the number of electric cars in Dubai has increased to 2,473

Moro Hub Huawei dewa data centre

Moro Hub partners with Huawei to build Middle East’s largest solar-powered data centre

Located at the Mohammed bin Rashid Al Maktoum Solar Park, it will be the largest solar-powered Uptime TIER III-Certified Data Centre in the Middle East and Africa

In pictures: Landmarks across UAE, region turn red for Hope Probe’s imminent arrival to Mars

The UAE is poised to become only the 5th country ever to enter Mars’ orbit

DEWA dubai water

DEWA’s Dhs256m water pipeline project in Dubai nears completion

It will extend DEWA’s water transmission network by 36km across Dubai and is now nearly 88 per cent complete

Sheikh Mohammed bin Rashid Al Maktoum Dubai

Sheikh Mohammed launches DEWA’s space programme and Hatta tourism projects

The Space-D programme will include the launch a main satellite with the latest imaging and communication technologies

Dubai DEWA

Dubai’s DEWA repays $1.5bn bond, turns debt-free

New projects worth over Dhs80bn are either ongoing or envisaged for completion over the next five years

Dubai’s DEWA picks Huawei to build NOC for InfraX subsidiary

InfraX operates an independent fibre optics network for digital services

Etihad ESCO joins Moro Hub to boost Smart City capabilities

Etihad ESCO will now benefit from Moro Hub’s digital, cloud and secured services

The way forward for GCC’s sustainable construction space

Regional governments are stepping up efforts to transition to sustainable building practices

Clean energy now accounts for 9% of Dubai’s total output

The total installed capacity is 11,700MW of electricity

DEWA and Huawei discuss collaboration on future projects for Dubai

The partnership includes a number of planned future projects around big data management and cybersecurity