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DEWA.AE

Dubai Electricity and Water Authority (PJSC)
1W: -1.1% 1M: -13.7% 3M: -3.6% YTD: -15.7% 1Y: +0.8% 3Y: +26.3%
AED 2.67 ($0.73)
+0.03 (+1.14%)
 
DFM · Utilities · Diversified Utilities · AED 132.0B · Alpha Radar Sell · Power 32
Smart Money Score
Watch 25
Insider
Congress
ETF Holdings
Key Statistics
Market CapAED 132.0B ($35.9B)
52W Range2.2-3.15
Volume9,600,249
Avg Volume10,408,173
Beta0.20
DividendAED 0.12
Analyst Ratings
No analyst coverage
Company Info
CEOSaeed Mohammed Ahmad Al Tayer
Employees11,727
SectorUtilities
IndustryDiversified Utilities
IPO Date2022-06-15
Sheikh Rashid Road
Dubai
AE
971 4 601 9999
About Dubai Electricity and Water Authority (PJSC)

Dubai Electricity and Water Authority (PJSC) generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai. The company operates through four segments: DEWA, EMPOWER, IPP, and Others. It is involved in the water desalination, transmission, and distribution business; provision and maintenance of cooling plants; development, operation, and maintenance of power and water plants under the independent water producer (IPP) model; and purification and sale of potable water. The company also provides information technology infrastructure, networking, computer system housing, and data entry services; communication equipment, software design, data classification and analysis, and data centre co-location services; air conditioning, ventilation, and air filtration system installation, and maintenance services; project development and consultant services; desalination and sewage treatment plant operation and maintenance services; and parking management electronic systems installation and maintenance services. In addition, it invests and manages commercial, industrial, retail trade, and energy enterprises; implements energy measures in buildings; manufactures insulated pipes; and manages and operates satellite. Additionally, the company provides satellite services; wired and wireless communication system installation; energy projects engineering consultancy and carbon control systems trading services; solar energy systems rental and installation services; and space situational tracking, monitoring, awareness services. Dubai Electricity and Water Authority (PJSC) was founded in 1959 and is headquartered in Dubai, the United Arab Emirates.

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