logo
DEWA Wins 3G Award for Digital Transformation 2025

DEWA Wins 3G Award for Digital Transformation 2025

TECHxa day ago
Home » Smart Sectors » DEWA Wins 3G Award for Digital Transformation 2025
Dubai Electricity and Water Authority (DEWA) has announced that it won the '3G Championship Award for Digital Transformation 2025'. The award recognises the achievements of DEWA's Internal Audit Department.
The accolade was revealed during the 10th annual Global Good Governance (3G) Awards ceremony held in Brunei Darussalam. The event was organised by UK-based financial services firm Cambridge IFA.
Cambridge IFA conducted a detailed auditing process before selecting DEWA. The authority was found to meet the highest international standards in governance and digital transformation.
Saeed Mohammed Al Tayer, MD and CEO of DEWA, received the award at DEWA's head office. He was joined by Ahmed Hassan Mohammad Noor, Vice President – Internal Audit, and members of the department.
Al Tayer stated that the award reflects DEWA's commitment to transparency, integrity, and institutional governance. He added that the Internal Audit team uses advanced analytics and AI tools to improve audit efficiency. DEWA was praised for its use of innovation across all operations.
The award reinforces DEWA's status as a global leader in utilities and governance.
The 3G Awards, supervised by Cambridge IFA, honour organisations that prioritise governance and sustainability.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

DIFC Enacts Legislative Amendments to Strengthen Data Protection and Clarify Financial Laws
DIFC Enacts Legislative Amendments to Strengthen Data Protection and Clarify Financial Laws

Hi Dubai

time32 minutes ago

  • Hi Dubai

DIFC Enacts Legislative Amendments to Strengthen Data Protection and Clarify Financial Laws

The Dubai International Financial Centre (DIFC) has officially enacted updates to several key laws through the DIFC Laws Amendment Law No. 1 of 2005, aimed at enhancing legal clarity and aligning with global standards. The amendments came into effect on 15 July 2025, following their enactment on 8 July 2025. A significant update has been made to the DIFC Data Protection Law, introducing new rights and expanding existing protections for data subjects. Most notably, the amendments establish a Private Right of Action, allowing individuals to bring claims before the DIFC Courts if their personal data is misused in breach of the law. This provision enhances the legal recourse available to residents and organisations operating within DIFC. Other key updates to the Data Protection Law include: Expanded scope and extraterritorial application , clarifying how the law applies to entities outside DIFC that process DIFC-based data. , clarifying how the law applies to entities outside DIFC that process DIFC-based data. An update to Article 28 on Data Sharing, introducing clearer criteria for determining the adequacy of third countries when transferring personal data outside DIFC jurisdiction. In addition to data protection reforms, DIFC has enacted clarificatory amendments to three other critical areas of its legal framework: Law of Security Insolvency Law Employment Law These refinements aim to eliminate ambiguity and ensure legal coherence across the Centre's regulatory ecosystem, reinforcing DIFC's commitment to maintaining a best-in-class legal environment for financial services and business operations. The latest changes reflect DIFC's continuous efforts to stay aligned with international best practices, bolster regulatory transparency, and strengthen the confidence of stakeholders in its legal infrastructure. The amended laws are now available through the DIFC Legal Database, ensuring full public access for compliance and reference. News Source: Dubai Media Office

How British expats can make a tax-efficient move back home
How British expats can make a tax-efficient move back home

The National

time2 hours ago

  • The National

How British expats can make a tax-efficient move back home

The UK tax system is complex. The rules are changing constantly. This year, we have seen one of the biggest shake-ups in tax rules for more than 200 years. Seeking professional help is your key to making a tax-efficient move to the UK. Over my career, I hear the same questions asked over and over again and see people repeat the same mistakes as they begin to plan their move to the UK. Most commonly asked questions The most common question is 'when will I become a UK resident?' If you are a non-resident (and have been for more than five years), generally you will only pay tax on UK income or if you sell land or property in the country. However, if you are a UK resident, you could be fully exposed to local tax (at rates as high as 45 per cent) on your worldwide income and gains. Understanding the date you will become a resident under the very complicated 'split year treatment' provisions is the starting point for planning a tax-efficient move to the UK. Another question that crops up frequently is 'should I sell my UK home before I return to the UK?' Your home is likely to be one of your most significant assets and can have strong emotional ties, so any decision to sell needs to be carefully considered. As a long-term non-resident, you are only taxed on the gain that has accrued on your UK home since 2015. But once you are a UK resident, you will be taxed on the gain accruing since you purchased your property. Therefore, if you have owned the property for many years, it may be better to sell the property while you remain non-resident as you may pay less capital gains tax. However, you could consider a special capital gains tax relief that may reduce your tax bill. You can maximise this tax reduction by living in your property once more after returning to the UK. Seeking expert advice to consider your options and achieve the best outcome is essential. I am often asked if there is anything that can be done to protect a person from UK tax. Moving from a low tax environment to the complicated and confiscatory UK tax regime (with income tax as high as 45 per cent, inheritance tax at 40 per cent and capital gains tax at 24 per cent) is a big concern. But, with careful planning, it is possible to be tax-efficient in the UK. There are actions you may be able to take while you remain non-resident that will save you UK tax in the future. For example, selling investments standing at a gain while you remain non-resident is a simple strategy to reduce your future UK tax bills (but be aware of any taxes that may be due elsewhere). As UK residents, a simple win is to ensure that the whole family is using their available tax allowances every year. Most common mistakes Under the complex Statutory Residence Test, there are up to six different dates that will trigger a UK tax residence status in the year that you move to the UK. Without careful planning, it is possible to become a tax resident (and possibly liable to UK tax on your worldwide income and gains) many months before you arrive in the UK. People get this wrong and it can come as a very nasty surprise. Another common mistake I see is not to consider the impact of UK tax on your finances. The UK tax system is complicated and confiscatory. Income tax at 45 per cent and national insurance contributions on earnings can eat up almost half of your salary. Moving from a low tax jurisdiction, which may not tax investment income and gains, to the UK where your investment returns and gains are taxed in full is often a shock. Finally, the biggest mistake I see is leaving it too late to speak to an adviser about your move to the UK. From time to time, I receive a call out of the blue with someone asking for advice because they are moving to the UK in two weeks' time. That is far too late in the day. They could already be a tax resident under the complicated split year treatment rules or not have enough time to restructure investments and assets for UK tax efficiency. For example, the best tax outcome might be achieved by selling a UK property while being non-tax resident. Seeking advice well before your move to the UK is strongly recommended.

DP World, DPA, Nevomo sign MoU to explore cooperation potential
DP World, DPA, Nevomo sign MoU to explore cooperation potential

Gulf Today

time11 hours ago

  • Gulf Today

DP World, DPA, Nevomo sign MoU to explore cooperation potential

DP World, the Deendayal Port Authority (DPA), and Nevomo have signed a Memorandum of Understanding (MoU) to explore potential opportunities for cooperation in the development and implementation of a pilot project using Nevomo's MagRail proprietary technology for the self-propelled movement of rail-based cargo and freight within the existing port ecosystems. DP World, a global leader in smart end-to-end supply chain solutions, is leading efforts to introduce advanced freight technology aimed at transforming cargo movement in India. Deendayal Port Authority (DPA), a key multi-cargo port under the Government of India, is facilitating exploration of this technology at its terminal in Kandla to evaluate the feasibility of this futuristic freight transportation system. The initiative marks a significant step toward building faster, more efficient, and sustainable port-hinterland connectivity. This initiative is aligned with India's National Logistics Policy and PM Gati Shakti agenda aimed at modernising and integrating the country's logistics infrastructure. The MoU was signed by Shri Sushil Kumar Singh, IRSME, Chairman of Deendayal Port Authority (DPA), Rizwan Soomar, CEO & Managing Director, Middle East, North Africa, India Subcontinent, DP World, and Przemek (Ben) Paczek CEO Nevomo Group BV along with other senior dignitaries in Kandla, Gujarat, on 15th July 2025. The MoU sets the framework for a 750-metre pilot project of MagRail technology at Deendayal Port. A first-of-its-kind initiative in India will demonstrate self-propelled freight movement within a live port environment. It aims to develop and implement MagRail-based solutions that enable autonomous, electric-powered wagons using linear motor technology on existing rail tracks, enhancing capacity, efficiency, and speed for containerised and bulk cargo while reducing costs and CO2 emissions, making the logistics systems greener, faster, and more interoperable. Commenting on the occasion, Shri Sushil Kumar Singh, IRSME, Chairman, Deendayal Port Authority (DPA), said, "This collaboration is a strategic advancement in port infrastructure, enhancing capacity and operational efficiency to support growing cargo demands. DP World, as trusted partner, plays a crucial role in enabling this initiative, which aligns with our commitment to strengthening India's logistics framework and ensuring seamless trade facilitation.' Sultan Ahmed Bin Sulayem, Group Chairman & Chief Executive Officer, DP World, said, "At DP World, we are committed to future-proofing our terminals by adopting innovative technologies that redefine how cargo moves through the supply chain. Piloting solutions like MagRail aligns with our focus on enhancing speed, efficiency, and sustainability in logistics. By reducing transit times and optimising infrastructure use, we aim to create greater value for customers, support Deendayal Port Authority in scaling capacity, and contribute to India's broader trade and connectivity goals.' Speaking at the signing ceremony, Rizwan Soomar, CEO & Managing Director, Middle East, North Africa & India Subcontinent, DP World, "We believe transformative infrastructure is driven by collaboration and long-term thinking. The partnership between DP World and Deendayal Port Authority along with Nevomo offers a unique opportunity to reimagine the future of freight movement in India. Our commitment goes beyond individual projects-we are partnering to accelerate India's ambition to further expand and integrate port-led logistics ecosystems and achieve carbon neutrality by leveraging technology effectively in infrastructure solutions.' Przemek (Ben) Paczek CEO Nevomo Group BV, commented, "We are proud to partner in this innovative initiative at Deendayal Port to showcase MagRail's real-world potential in enhancing freight efficiency, capacity, and flexibility. Collaborating with world-class organisations like DP World and Deendayal Port Authority, this is a significant step towards advancing sustainable logistics in India.' This landmark collaboration will demonstrate how MagRail technology can automate short-haul cargo transfers, reduce reliance on diesel vehicles, and improve yard efficiency. The pilot project at Deendayal Port aims to set new standards in efficiency and sustainability, showcasing how innovation can transform ports into engines of economic growth and global trade competitiveness. Last year, DP World has signed multiple Memorandums of Understanding (MoUs) worth INR 250 billion (approx. $3 billion) with the Government of Gujarat, covering the development of new ports, terminals, and economic zones, strengthening its commitment to supporting trade in a growing Indian state. The MoUs highlight Gujarat's prowess as a role model of development and the growth engine of the nation while leveraging its logistics and maritime infrastructure. The MoUs underscore DP World's commitment to facilitating trade in Gujarat by developing: Multi-purpose deep-draft ports in South Gujarat and around the western coast of Gujarat towards Kutch, Special Economic Zones in Jamnagar and Kutch, Gati Shakti Cargo Terminals (GCT) and Private Freight Stations at Dahej, Vadodara, Rajkot, Bedi and Morbi DP World has also signed an MoU with Gujarat Maritime Board to jointly identify opportunities to develop additional ports along the coast of Gujarat. DP World's existing investments in Gujarat include a container terminal in Mundra, along with rail connected private freight terminals at Ahmedabad and Hazira. This is complemented by cold storage facilities in Surat and Bharuch, freight forwarding offices in Ahmedabad and Gandhidham, and express cargo services across the state. Additionally, DP World ensures global connectivity for businesses in the region by running weekly coastal services via DP World's Unifeeder Group, linking Mundra, Kandla, and Hazira ports to several international ports. The company recently launched a first-of-its-kind dedicated scheduled Rail Freight Service, 'SARAL' connecting traders from south Gujarat such as Surat, Vapi, Valsad Vadodara, Bharuch, Ankleshwar to the markets in and around North Capital Region (NCR). On 25 August 2023, DP World signed a $510 million concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per year mega-container terminal at Tuna-Tekra in Kandla. On commencement, this greenfield terminal will have state of the art equipment and a 1,100 m berth capable of handling next-generation vessels carrying more than 18,000 TEUs. WAM

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store