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Reading: AED 15.4 billion in net profits for 7 companies affiliated with the Dubai government
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BusinessBusiness ReportsEmirates

AED 15.4 billion in net profits for 7 companies affiliated with the Dubai government

Dubai Electricity and Water Authority – Dewa topped the list of companies

Last updated: 20/02/2026 2:46 pm
Sami Zarqa
BySami Zarqa
News Editor
A professional journalist and writer, he has worked in the media and visual journalism field for over 20 years. During his career, he has covered various...
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AED 15.4 billion in net profits for 7 companies affiliated with the Dubai government
Government IPOs witnessed by «DIB» since 2022 have contributed to creating a qualitative shift in the market structure (Image/Agencies)
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Dubai, UAE – The profits of seven Dubai government companies listed on the Dubai Financial Market jumped by 32% year-on-year in 2025.

The total profits of the seven companies during the past year exceeded 15.40 billion dirhams, compared to 11.64 billion dirhams during the previous year, 2024.

The list of companies included: Dubai Electricity and Water Authority – Dewa, Tecom Group, Salk, Emirates Central Refrigeration Systems Corporation – Empower, Dubai Taxi, Parkin, and Alik Holding.

In November 2021, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, announced the listing of 10 governmental and semi-governmental companies on the Dubai Financial Market.

In a move that will support the emirate’s financial sector in an unprecedented way.

In addition to stimulating the pace of growth in it to achieve more achievements and successes that consolidate Dubai’s leading position as one of the most important financial and business markets in the world.

Dubai Electricity and Water Authority – DEWA topped the list of companies.

It recorded a net profit last year of 9.09 billion dirhams.

Compared to AED 7.23 billion in the previous year, 2024, a growth of 25.72% year-on-year.

It is noteworthy that the government IPOs witnessed by the Dubai Financial Market since 2022, which included the seven companies, contributed to creating a qualitative shift in the structure of the market and its investment attractiveness.

The business results of these companies, their strong performance after listing, and the fact that they all traded above the offering price reflect great confidence in government entities.

In addition to the supportive economic policies of the Dubai government.

TAGGED:Dubai governmentdewaDubai Financial MarketVoice Of Emirates
SOURCES:Voice of the Emirates
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