DEWA - Global Business Magazine

DEWA recently announced an increase in the size of IPO to 17%

Global Business Magazine April 6, 2022

On Tuesday, DEWA, Dubai Electricity & Water Authority, decided to increase the number of shares offered in its initial public offering (IPO) from 6.5 Read More

Finance Featured News Regional

UAE bourses perform well in Q1 of 2022

Global Business Magazine April 1, 2022

The UAE capital market indices jumped during quarterly trading, with the Dubai Financial Market (DFM) recording its eighth consecutive rise, and on Read More

Finance News Regional

Dubai shares rally as DEWA more than doubles IPO size; Saudi slips

Global Business Magazine March 30, 2022

Dubai's main share index rallied for a seventh consecutive session on Wednesday, after state utility DEWA increased its initial public offering (IPO) Read More

Finance News World

Dubai shares jump on IPO cheer; most other markets subdued

Global Business Magazine March 29, 2022

Most Gulf markets fell on Tuesday, as fears of a drop in demand for crude capped oil prices, while investors continued to Read More

Finance News World

Gulf bourses mixed, Dubai gains over 1%

Global Business Magazine March 28, 2022

Gulf markets were mixed in trade on Monday, with Dubai's main share index rising 1% amid renewed interest in the region after state Read More

Business Energy Finance News

DEWA Shares’ Subscription Begins Today

Global Business Magazine March 24, 2022

The subscription period for individual and institutional investors begins for 3.52 billion shares, equivalent to 6.5% of the shares of the Dubai Electricity and Read More

Business Featured News Regional

DEWA planning IPO, plans to offer 6.5% Shares

Global Business Magazine March 15, 2022

State-owned Dubai Electricity & Water Authority (DEWA) plans to sell a 6.5% stake in an initial public offering in what could be the city’Read More

DEWA Completes Stage-1 Of Aquifer Storage and Recovery (ASR) Project

Global Business Magazine March 14, 2022

DEWA Completes Stage-1 Of Aquifer Storage and Recovery (ASR) ProjectRead More

Business Featured News Regional

ADNOC Retains Its Position As Most Valuable Brand Company In UAE

Global Business Magazine March 10, 2022

The state-owned Abu Dhabi National Oil Company (ADNOC) has retained its position as UAE’s most valuable brand and second most valuable Read More

Energy Featured News Regional

Hassyan Power Complex Adds 1,200 MW To Its Production Capacity

Global Business Magazine February 14, 2022

Dubai Electricity and Water Authority (DEWA) has disclosed that the current production capacity of Hassyan Power Complex reached 1,200 megawatts (MW), using the Read More

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