StocksMedium•12 November 2026•
1 min read
DEWA Reports Record 9-Month Profit of AED 7.1 Billion
Key Facts
1Dubai Electricity and Water Authority (DEWA) reported a record net profit exceeding AED 7.1 billion for the first nine months of 2026, an 11% year-on-year increase.
Dubai Electricity and Water Authority (DEWA) reported a record net profit exceeding AED 7.1 billion for the first nine months of 2026, an 11% year-on-year increase. The National reported that revenue grew 3.3% to reach AED 25.7 billion during the same period, driven by increased demand for utility services across Dubai.
The authority stated in a regulatory filing that third-quarter net profit for 2026 grew 8.3% to AED 3.9 billion. DEWA shares showed positive movement in November 2026 trading, as the record results reflect continued economic expansion in the emirate and improvements in the utility's operational efficiency.