Dubai Electricity and Water Authority Sees Record Revenues in H1 2025: A Testament to Growth and Resilience
In a significant demonstration of financial robustness, the Dubai Electricity and Water Authority (DEWA) has reported an exemplary revenue figure of Dhs14.6 billion for the first half of 2025—a year-on-year increase of 6.9%. This remarkable performance is underscored by a profit after tax amounting to Dhs2.9 billion, which signals a substantial growth of 13.2% compared to the same period in the previous year. The results serve not only as a reflection of DEWA’s operational efficiency but also as a vital indicator of Dubai’s continued economic resilience amidst a dynamically evolving landscape.
The authorities at DEWA also announced a generous dividend of Dhs3.1 billion, which is set to be distributed in October 2025. This move underscores the organization’s commitments to its stakeholders, demonstrating a solid return on investment amid the region’s diversifying economy.
The financial highlights for the half-year period reveal additional metrics that further illustrate DEWA’s upward trajectory. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) figures reached Dhs7 billion, up 5.3%, while operating profit surged to Dhs3.7 billion, reflecting an impressive rise of 12.6%. Notably, operating cash flow exhibited a staggering increase of 61.3%, reaching a total of Dhs9.2 billion. Such robust results are a testament to DEWA’s efficient management and its proactive approach to meeting the growing demands of an expanding population.
Quarterly Triumphs: A Strong Second Quarter Performance
Delving deeper into the fiscal year, DEWA’s performance in the second quarter alone demonstrated substantial growth. The authority recorded a profit after tax of Dhs2.4 billion in Q2, representing an impressive year-on-year increase of 25.8%. The quarterly revenue reached Dhs8.6 billion, marking a 9.8% growth. Both EBITDA and operating profit saw remarkable increases, growing by 11.9% and 24.8% respectively.
Within this context, DEWA now serves over 1.29 million customer accounts, reflecting a growth of 4.81% from the corresponding period in 2024. The steady increase in customer accounts is illustrative of Dubai’s expanding population and the growing demands for essential utility services.
Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA, expressed pride in announcing what he described as the “strongest-ever financial results” for both the second quarter and the first half of 2025. “Our record operating cash flow of Dhs9.2 billion, which is up 61.3% year-on-year, underscores the resilience of our business model,” Al Tayer asserted.
He attributed these achievements to the strategic leadership of Dubai’s rulers, emphasizing the continual investments in cutting-edge infrastructure, which have exceeded Dhs230 billion to date. This investment is fundamental to enhancing service delivery and operational efficiency, ultimately positioning DEWA as a leader within the utility sector.
Looking Ahead: Continued Growth Amidst Seasonal Demand
As DEWA moves forward, the authority remains optimistic about its future performance. Anticipating stronger revenue and profit contributions in the upcoming months, DEWA is gearing up to meet the seasonal demand while focusing on significant investments aimed at clean energy initiatives, digital infrastructure enhancements, and water desalination in alignment with Dubai’s Green Economy vision. The commitment to sustainability not only supports the environmental goals of the emirate but also positions DEWA to stand at the forefront of the global energy transition—a key priority as the world shifts towards sustainable practices.
In conclusion, DEWA’s impressive financial results for H1 2025 not only reflect the authority’s operational effectiveness but also echo the vision and leadership that have guided Dubai through various economic landscapes. As the emirate continues to foster growth and innovation, DEWA stands as a pillar of progress—ensuring that it meets the evolving needs of its community and contributes positively to the broader economic framework of the region.
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