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Reading: During the first quarter.. Dewa’s profits jump 90% to 940 million dirhams
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Emirates

During the first quarter.. Dewa’s profits jump 90% to 940 million dirhams

Revenues increased by 8.18% to reach AED 6.45 billion year-on-year

Last updated: 12/05/2026 3:57 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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During the first quarter.. Dewa's profits jump 90% to 940 million dirhams
Profits before deductions increased 18.4% to AED 2.88 billion, and operating profits increased 53.58% to AED 1.29 billion (Photo/Agencies)
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Dubai, UAE – Dubai Electricity and Water Authority “Dewa” achieved a net profit of 940 million dirhams in the first quarter of this year. With a growth of 89.87% compared to the same period last year.

Revenues increased by 8.18% to reach 6.45 billion dirhams on an annual basis.

Profits before deductions also increased by 18.4% to 2.88 billion dirhams, and operating profits increased by 53.58% to 1.29 billion dirhams. Cash flows amounted to 3.89 billion dirhams.

The highest energy production in the first quarter was 11.09 terawatt hours, the highest desalinated water production in the first quarter was 37.57 billion imperial gallons, and the number of customer accounts increased to 1.347 million accounts.

increase in production

During the first quarter of 2026, the Dubai Electricity and Water Authority’s total energy production reached 11.09 terawatt hours, an increase of 5.65% compared to the same period in 2025.

The Authority’s clean energy production during the first quarter amounted to 2.06 terawatt hours, equivalent to 18.5% of the Authority’s total energy production.

The Authority’s total production of desalinated water also rose to a record 37.57 billion imperial gallons, an increase of 5.51%.

The number of customer accounts increased significantly by 19,803 accounts during the first quarter. During the past twelve months ending in the first quarter of 2026, the total number of customer accounts increased by 65,086 accounts, with an annual growth rate of 5.08%.

By the end of the first quarter of 2026, the installed production capacity of the Authority’s electrical system reached 17,979 megawatts, of which 3,860 megawatts came from clean energy sources. Representing 21.5% of the energy mix. In addition, the Authority operated Unit (A) of the Hassian seawater desalination plant using reverse osmosis technology. This added 60 million gallons per day to the production capacity of desalinated water.

This technology currently represents 23% of the total water production capacity. The authority is expected to add 120 million gallons per day of production capacity using reverse osmosis technology during 2026.

TAGGED:dewaDubaiVoice Of Emirates
SOURCES:Voice of the Emirates
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