DEWA posts Dhs29.2bn in full-year profit

DEWA’s full-year revenue jumps 7% on water, electricity demand

The system demand for power surged to 56.5 TWh in 2023 while water demand grew by 5.2 per cent to reach 144.1 billion imperial gallons

DEWA urges customers to check water connections regularly

DEWA urges customers to check water connections regularly

The company’s smart app provides a list of technical service providers in the event of internal faults in the building

DEWA transmission substations

DEWA invests $151m in 6 new 132/11 kV transmission substations

The project included 3,450 metres of 132kV ground cable to connect with the main transmission network

DEWA first quater net profit

DEWA’s Q1 2023 net profit up 10.4% to $208m

The utility company’s revenue for the first three months of the year hit Dhs5.44bn, up 7.3 per cent year-on-year

Saudi utility Marafiq seeks to raise $897m in share sale

Book-building for Marafiq’s IPO opens on Sunday and lasts until October 14, followed by a retail offering from October 26-29