Dubai Utility Firm Posts Record Half-Year Performance

DEWA Reports Significant Profit Surge and Revenue Growth

Dubai Electricity and Water Authority (DEWA) has announced a stellar financial and operational showing for the first half of 2025. The utility giant revealed substantial increases in net profits and revenue, underscoring robust demand and improved efficiency.

Financial Highlights Show Strong Growth

Net profits surged by 13.2% to reach 2.90 billion dirhams. This impressive growth is attributed to elevated operating income, alongside a notable 15.45% reduction in net financing costs compared to the prior year’s corresponding period.

Total revenue climbed 6.9% year-on-year, hitting 14.6 billion dirhams. This expansion was fueled by consistent demand for electricity and water, as well as the wider adoption of cooling solutions through Empower.

Operational Efficiency Drives Profitability

Profits before interest, taxes, depreciation, and amortization (EBITDA) rose by 5.3% to 7.0 billion dirhams. This improvement reflects enhanced operational efficiencies and diligent cost management across DEWA’s core business sectors, a clear indicator of the group’s underlying profitability.

DEWA’s positive performance aligns with broader trends in the region. For instance, the UAE’s non-oil private sector continued its expansion in July 2025, with business activity rising at a strong pace, indicating a healthy economic environment for utilities. (Zawya, July 2025).

Shareholder Payout Expected Soon

Following these strong results, DEWA anticipates distributing the next tranche of profits. A sum of 3.1 billion dirhams is earmarked for distribution for the first half of 2025, with payments scheduled for October 17, 2025, after securing the necessary regulatory approvals.