Dubai Electricity and Water Authority (PJSC) generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai. The company operates through four segments: DEWA, EMPOWER, IWPP, and Others. It is involved in the water desalination, transmission, and distribution business; provision of district cooling; maintenance of central cooling plants; manufacture and sale of insulated pipes; development, operation, and maintenance of power and water plants under the independent water and power producer (IWPP) model; and purification and sale of potable water. The company also provides information technology and infrastructure, networking, computer system housing, and data entry services; investment and management services for commercial, industrial, retail trade, and energy enterprises; communication equipment, software design, data classification and analysis, and data centre co-location services; information technology network services; air conditioning, ventilation, and air filtration system installation and maintenance services; project development consultant services; desalination and sewage treatment plant operation and maintenance services; and parking management electronic systems installation and maintenance services. In addition, it implements energy measures in buildings; and manages and operates satellite. Further, the company provides satellite; wired and wireless communication system installation; energy projects engineering consultancy and carbon control systems trading; solar energy systems rental and installation; and space situational tracking, monitoring, awareness services. Dubai Electricity and Water Authority (PJSC) was founded in 1959 and is headquartered in Dubai, the United Arab Emirates.
Emirati Market Performance
7D7 Days: -0.4%
3M3 Months: 8.4%
1Y1 Year: 18.8%
YTDYear to Date: 9.0%
The market has stayed flat over the 7 days. Meanwhile, the market is actually up 19% over the past year. Looking forward, earnings are forecast to grow by 6.7% annually. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.