CAIRO, April 22 (Reuters) - Dubai Electricity and Water Authority (DEWA) expects 2022 profit of 7.3 billion dirhams ($1.99 billion), Chief Executive Saeed Al Tayer told CNBC Arabia on Friday, after listing as a public company this month.

He added that state utility DEWA has strong cash flows and will not need to take on debt.

DEWA this month raised $6.1 billion in the region's biggest initial public offering (IPO) since Saudi Aramco. ($1 = 3.6726 UAE dirham)

(Reporting by Moataz Mohamed Editing by David Goodman )