Stock DEWA DUBAI ELECTRICITY AND WATER AUTHORITY
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Company Dubai Electricity and Water Authority

Equities

DEWA

AED001801011

Electric Utilities

Delayed Dubai FM
Other stock markets
 06:57:22 2024-04-23 am EDT 		5-day change 1st Jan Change
2.39 AED +0.42% Intraday chart for Dubai Electricity and Water Authority 0.00% -2.85%
Apr. 23 DEWA Subsidiary Signs Cybersecurity Collaboration With Kaspersky MT
Apr. 17 DEWA, Acwa Power Report Financial Closing for AED3.4 Billion Dubai Project MT

Business Summary

Dubai Electricity and Water Authority PJSC is a United Arab Emirates-based utility services provider. The Company distributes electricity and water and serves residential and commercial customers in the United Arab Emirates. The principal activities of the Company comprise water desalination, and distribution and the generation, transmission, and distribution of the electricity throughout the emirates of Dubai. The Company’s power generation and desalination stations include Jebel Ali Gas Power & Desalination Station E; Jebel Ali Gas Power & Desalination Station G; Jebel Ali Power & Desalination Station K; Jebel Ali Power Desalination Station L; Jebel Ali Power & Desalination Station M, and Jebel Ali Power and Desalination Complex, among others. The Company’s subsidiaries include Al Ethihad Energy Services Company LLC, Jumeriah Energy International Holding LLC, and Mai Dubai LLC, among others.

Number of employees: 11,206

Sales per Business

AED in Million2022Weight2023Weight Delta
Electricity
64.0 %
18,052 66.0 % 18,677 64.0 % +3.46%
Water
18.5 %
4,639 17.0 % 5,399 18.5 % +16.39%
District Cooling
10.3 %
2,766 10.1 % 3,018 10.3 % +9.10%
Others
7.1 %
1,879 6.9 % 2,084 7.1 % +10.92%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
27,336 100.0 % 29,178 100.0 % +6.74%

Managers

Managers TitleAgeSince
Saeed Al-Tayer CEO
 Chief Executive Officer - -
Amal Koshak IRO
 Public Communications Contact - -
Nasser Akil Abbas TRE
 Treasurer - -
Youssef Jebril PRN
 Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Hilal Khalfan bin Dhaher BRD
 Director/Board Member - 02-12-31
Saeed Al-Tayer CEO
 Chief Executive Officer - -
Al Sayed Abdulla Mohamed Al Hashemi BRD
 Director/Board Member - 03-12-31
Matar Al Tayer CHM
 Chairman - 03-12-31
Khalfan Ahmad Harib BRD
 Director/Board Member - 01-12-31
Majid Hamad Rahma Abdulla Al Shamsi BRD
 Director/Board Member - 91-12-31
Obaid Bin Mes'har BRD
 Director/Board Member - 94-12-31
Saeed Mohammad Al Sharid BRD
 Director/Board Member - 91-12-31
Nabil Abdulrahman Ahmad Arif BRD
 Director/Board Member - 94-12-31
Moza Shaiban Suwaidan BRD
 Director/Board Member - 20-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 50,000,000,000 9,000,000,000 ( 18.00 %) 0 18.00 %

Shareholders

NameEquities%Valuation
Emirate of Dubai (United Arab Emirates)
82.00 %
41,000,000,000 82.00 % 27 242 M AED
State Street Global Advisors Ltd.
0.0384 %
19,222,471 0.0384 % 13 M AED
Emirates NBD Asset Management Ltd.
0.0136 %
6,800,000 0.0136 % 5 M AED
Wellington Management Singapore Pte Ltd.
0.009731 %
4,865,532 0.009731 % 3 M AED
Franklin Templeton Investments (ME) Ltd.
0.006934 %
3,467,039 0.006934 % 2 M AED
Mediolanum International Funds Ltd.
0.003964 %
1,982,098 0.003964 % 1 M AED
ADCB Asset Management Ltd.
0.001400 %
700,000 0.001400 % 465 115 AED
First Abu Dhabi Bank PJSC (Investment Management)
0.001144 %
571,957 0.001144 % 380 037 AED
Mercer Global Investments Europe Ltd.
0.001106 %
553,116 0.001106 % 367 518 AED
Structured Invest SA
0.001038 %
518,823 0.001038 % 344 732 AED

Holdings

NameEquities%Valuation
EMIRATES CENTRAL COOLING SYSTEMS CORPORATION
56.00%
 5,600,000,000 56.00% 2,516,192,000 $

Company contact information

Dubai Electricity & Water Authority

near the Wafi Mall

, Dubai

+971 4 601 9999

http://www.dewa.gov.ae
address Dubai Electricity and Water Authority(DEWA)

Group companies

NameCategory and Sector
Noor Energy 1 PSC
Logo Noor Energy 1 PSC

Noor Energy 1 PSC

Electric UtilitiesUtilities

Noor Energy 1 PSC operates as a solar power plant. The private company is based in Dubai, United Arab Emirates. The CEO of the Emirati company is Hashim Ghabashi.

Electric Utilities

Sector

Utilities
Utilities
Electrical Utilities & IPPs
Electric Utilities
Other Electric Utilities

Sales per Business

Ratings for Dubai Electricity and Water Authority

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
2.39 AED
Average target price
2.908 AED
Spread / Average Target
+21.67%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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