DEWA reports record financial results for Q1 2026 driven by clean energy growth
Here's what it means for you.
DEWA's impressive financial performance highlights the growing importance of clean energy in Dubai's economy.
What happened
Dubai Electricity and Water Authority (DEWA) achieved record quarterly revenue of AED 6.45 billion and a net profit of AED 940 million in Q1 2026.
The Context
- DEWA's clean energy accounted for 18.5% of total power generation during the quarter.
- The authority added 60 million imperial gallons per day to its desalinated water production capacity.
- DEWA expects to distribute AED 3.1 billion in dividends for the first half of 2026.
Takeaway
DEWA's commitment to sustainability and innovation positions it well for future growth in the energy sector.
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«ديوا» تُسجل إيرادات ربع سنوية قياسية بـ 6.45 مليارات درهم «ديوا» تُسجل إيرادات ربع سنوية قياسية بـ 6.45 مليارات درهم
Dubai Electricity and Water Authority (DEWA) announced its consolidated financial results for the first quarter of 2026, reporting a record quarterly revenue of 6.45 billion dirhams and a net profit increase of 89.8% to 940 million dirhams.
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DEWA sees best-ever Q1 profit, revenue on higher demand, clean energy growth
Dubai Electricity and Water Authority (DEWA) has reported its best-ever first quarter profit and revenue, driven by increased demand and growth in clean energy initiatives. This performance highlights the company's successful adaptation to the evolvi...
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DEWA sees best-ever Q1 profit, revenue on higher demand, clean energy growth
Dubai Electricity and Water Authority (DEWA) has reported its best-ever first quarter profit and revenue, driven by increased demand and growth in clean energy initiatives. This performance highlights the company's successful adaptation to the evolvi...
Business, markets, economy, and corporate news with strong UAE and regional relevance.
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DEWA reports record Q1 2026 revenue and 90% profit growth in Dubai DEWA reports record Q1 2026 revenue and 90% profit growth in Dubai
Dubai Electricity and Water Authority (DEWA) reported a record revenue of AED 6.45 billion for Q1 2026, alongside a 90% increase in net profit to AED 0.94 billion, reflecting strong financial performance.