Dubai Electricity and Water Authority (DEWA) has announced its strongest-ever first half results, posting AED 14.6 billion in revenue, AED 7.0 billion in EBITDA, and AED 2.9 billion in net profit for H1 2025. This represents year-on-year growth of 6.9%, 5.3%, and 13.2% respectively, with operating cash flow hitting a record AED 9.2 billion, up 61.3%.
Vice Chairman and MD & CEO Saeed Mohammed Al Tayer attributed the results to “disciplined execution, growing demand, and operational excellence,” highlighting DEWA’s role in advancing Dubai’s sustainable development. The Board has approved an AED 3.1 billion dividend for H1 2025, payable in October.
Operational Highlights
- Energy Generation: Q2 2025 total generation reached 16.9 TWh, up 10.88% from Q2 2024, with clean energy contributing 3.3 TWh (19.46% of total).
- Peak Demand: Quarterly peak power demand rose 2.95% to 10.545 GW.
- Efficiency Gains: Gross heat rate improved 7.01% to 7,693 BTU/kWh.
- Desalinated Water: Q2 production hit a record 40.78 billion imperial gallons, up 9.55% year-on-year, with peak daily demand at 475 MIG.
- Infrastructure Expansion: Two 132 kV substations and 483 11 kV substations commissioned in Q2. Total installed generation capacity stands at 17.979 GW, with 3.860 GW from renewables.
Customer Growth
DEWA served 1,292,487 customer accounts at the end of Q2 2025, marking a 4.81% increase from the same period last year.
DEWA’s H1 2025 performance underscores its ability to combine profitability with sustainability, supported by Dubai’s economic momentum and a growing share of renewable energy in its portfolio.
