Subsidiary will pursue power, clean energy and water projects worldwide
HH Sheikh Ahmed bin Saeed Al Maktoum announced DEWA International in Dubai on 9 July 2026. The company is a wholly owned independent subsidiary of Dubai Electricity and Water Authority.
DEWA International will develop conventional energy, clean energy and water projects worldwide. It also aims to export Dubai’s energy and water infrastructure model to global markets.
The launch came from Sheikh Ahmed in his role as chairman of the Dubai Supreme Council of Energy. DEWA will own the new company outright.
According to Sheikh Ahmed, the move builds on the vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Dubai has invested heavily in energy and water infrastructure over recent decades. Sheikh Ahmed called that record a basis for taking local expertise abroad.
“Launching DEWA International marks a strategic step towards extending this successful model to global markets and further strengthening Dubai’s position as a source of knowledge and expertise in energy, water, sustainability and digital transformation,” Sheikh Ahmed said.
Meanwhile, HE Saeed Mohammed Al Tayer, DEWA’s managing director and chief executive, outlined the utility’s recent performance and expansion plans.
DEWA ranks first globally in 13 key utility performance indicators. Those measures cover generation, transmission, distribution and customer service.
The utility also leads in two regional benchmarks. Al Tayer presented those rankings as support for DEWA’s international push.
DEWA 2025 financial results
In 2025, DEWA recorded revenue of AED 32.8 billion. Net profit after tax reached AED 9.06 billion.
Al Tayer argued that sustained revenue growth, strong margins and investing capacity give DEWA room to expand overseas.
DEWA International will develop power and water projects using advanced technologies. It also plans partnerships with leading organisations worldwide.
Work is already underway to identify opportunities, build a project pipeline and establish strategic partnerships. Those steps are intended to shape the company’s global presence.
Al Tayer linked the expansion to Dubai’s wider economic rise under Sheikh Mohammed bin Rashid Al Maktoum. He pointed to Dubai’s role as a hub for finance, trade and innovation, alongside its record in sustainable development and investment attraction.
