DEWA commissions record number of 11 kV distribution substations in first half of 2025
The construction and associated works involved 654,456.30 man-hours, all completed under stringent quality, efficiency and safety standards. Al Tayer stressed that the achievement reflects DEWA's commitment to strengthen Dubai's infrastructure to meet growing electricity demand driven by rapid urban, population and economic growth.
'Given that investment in infrastructure is the primary driver of the economy and comprehensive development, we are committed to strengthening the pioneering model established by DEWA in building advanced and comprehensive infrastructure that contributes to achieving the Dubai Economic Agenda D33 and the Dubai 2040 Urban Master Plan.
Thanks to the directives of the wise leadership and the adoption of innovation, sustainability, the latest technologies, research and sound scientific planning, the quality and competitiveness of our infrastructure have become among the best in the world, with DEWA ranked first globally in 12 KPIs within its areas of work,' said Al Tayer.
'In 2024, DEWA recorded the world's lowest electricity transmission and distribution network losses at just 2%, compared to 6%-7% in Europe and the US. DEWA also set a world record for the lowest customer minutes lost, achieving just 0.94 minutes per year, compared to an average of 15 minutes across the European Union,' added Al Tayer.
Rashid Bin Humaidan, Executive Vice President of Distribution Power at DEWA, said there were now 62 33 kV substations and 64,084 medium voltage (11 kV and 6.6 kV) substations in service.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Business
2 hours ago
- Gulf Business
Abu Dhabi's ADX onboards Thndr as first remote retail trading member
Image: Supplied The Abu Dhabi Securities Exchange (ADX) has onboarded Thndr, a leading retail investment platform in the MENA region, as the first remote retail trading member on the UAE's largest exchange, the second biggest in the MENA region, and among the top 20 globally. Thndr, a Hub71 start-up, is one of the region's first fully digital investment platforms. Regulated by the Abu Dhabi Global Market's (ADGM) Financial Services Regulatory Authority (FSRA), the company is expanding into the UAE after building a strong track record in the region. In 2024, Thndr recorded more than $13bn in trading value and executed 12 million trades. The platform has over four million downloads, provides access to the UAE, Egypt, and US markets, and offers a range of asset classes including stocks, gold, mutual funds, and savings products. Thndr users will soon be able to invest directly in leading UAE-listed companies and exchange-traded funds (ETFs) via its mobile app, in line with ADX's strategy to connect Abu Dhabi to global capital. The announcement was made at an event at ADX's Abu Dhabi headquarters. 'ADX onboarding Thndr is a transformative step in creating tangible trading bridges across the region's capital market,' said Abdulla Salem Alnuaimi, ADX group CEO. 'As the first exchange in the GCC to welcome Thndr, we are demonstrating our commitment to financial inclusion and leadership in unlocking new investment opportunities in Abu Dhabi's robust capital market.' Remote Trading Members enable individuals, international brokers, and institutions to trade ADX-listed securities without being physically present in the UAE, broadening the investor base, attracting foreign investment, improving liquidity, and boosting trading activity. Thndr was launched in 2020 Launched in Egypt in 2020, 'We're proud to celebrate this milestone with the CEO of ADX, driven by a shared belief that retail investors deserve access to a grade-A investment service,' said Ahmad Hammouda, co-founder and CEO of Thndr. 'This partnership gives our users the chance to invest in one of the region's strongest-performing markets over the past 5, 10, and 15 years, while also opening doors to exposure within MENA and beyond.' 'This launch is a major milestone for Thndr and a testament to an incredible partnership,' said Seif Amr, co-founder and board member of Thndr. 'This collaboration truly showcases why the UAE, with ADGM at the forefront, is a beacon of progress for the region.' The onboarding supports ADX's strategic projects such as the Tabadul platform, the first digital exchange center in the region based on the mutual market access model, and complements partnerships with global exchanges. With a market capitalization of Dhs3.1tn,
Zawya
4 hours ago
- Zawya
MUSTADEEM Programme concludes first edition, graduating a new generation of young sustainability leaders in the UAE
Mohammed Al-Naemi: Participants of MUSTADEEM are the core of the human capital upon which the future of our green economy and sustainable food security will depend. Dubai: The Ministry of Climate Change and Environment successfully concluded the first edition of the MUSTADEEM programme, organised as part of the 'Year of Community' to build and empower the capacities of Emirati youth in the fields of environment, agriculture, and sustainability. The programme aims to qualify and cultivate a generation capable of promoting innovation in sustainability and enhancing their readiness for the future job market by equipping them with research, analysis, and teamwork skills. Two closing ceremonies were held to honour the participating youth and strategic partners at Silal in Al Ain and the International Centre for Biosaline Agriculture (ICBA) in Dubai. Participants aged 13 to 16 who completed the intensive training programme, held from August 4 to 8, were honoured. Commemorative shields were also presented to representatives of Silal and ICBA in recognition of their pivotal role as strategic partners in providing participants with a unique educational and practical experience. His Excellency Mohammed Saeed Al Nuaimi, Undersecretary of the Ministry of Climate Change and Environment, said: "The success of the first edition of MUSTADEEM is a testament to our leadership's vision in investing in our most precious asset, our youth. These participants are the nucleus of the national human capital that our future green economy and sustainable food security system will rely upon. The knowledge and passion for sustainability we have instilled in them is a long-term investment that will yield results across all vital sectors of the nation and ensure the continuity of our journey towards global leadership in the fields of environment and sustainability." He added, "MUSTADEEM provides participants with knowledge and also aims to foster an innovative mindset capable of developing solutions. We are preparing this generation to continue leading the transition towards a low-carbon economy and to serve as ambassadors of sustainability in their communities. The exemplary partnership between the Ministry, Silal and ICBA embodied the UAE's approach to unifying national efforts to achieve our climate goals and future aspirations. MUSTADEEM will continue to cultivate innovative minds for a better future for the UAE through upcoming editions, which will focus on more pillars of sustainability in our nation." The MUSTADEEM programme was delivered through two tracks; the first led by Silal at the Innovation Oasis in Al Ain, and the second led by ICBA at its headquarters in Dubai. The programme offered participants a comprehensive educational experience combining theory and practice through specialised workshops in soil and water laboratories, post-harvest technologies, and crop health, alongside interactive activities to encourage critical thinking and problem-solving. MUSTADEEM successfully achieved its objectives of exposing young people to the challenges and opportunities in the environmental and agricultural sectors, equipping them with essential skills that provide a strong foundation for their professional future. The programme highlights that empowering youth and providing them with practical knowledge is essential for building a comprehensive sustainability system. Through this advanced training model, the Ministry of Climate Change and Environment continues its role as an effective national leader in developing human capital and achieving an environmental and economic balance, positioning the UAE on the world's leading edge of environmental sustainability. The Ministry confirmed that MUSTADEEM is designed to serve as a long-term strategic platform, with its next editions focusing on broader aspects of sustainability across various vital sectors, in collaboration with an extensive network of national partners from both the government and private sectors, as well as academic and research institutions.
Zawya
4 hours ago
- Zawya
Positive operational results for L'azurde
Riyadh, KSA: 'L'azurde Company for Jewelry', the leading jewelry designer, manufacturer, distributor, and retailer in the Middle East, announced its interim financial results for the first half of 2025. Demonstrating outstanding operational performance, L'azurde reflects the strength of its brand and robust expansion strategy. During the first half, the company achieved operating revenues of SAR 278.2 million, a 11.4% increase compared to the same period last year, driven by strong performance across various markets, particularly in the retail sector as it increased by 17.3% compared to the same period of last year due to growth in the like-for-like stores of the existing stores and the extension of the store's network. 'L'azurde' recorded a gross profit of SAR 123.3 million during the first half of 2025, confirming the company's continued commitment to maintaining stable profit margins that reflect its operational efficiency and ability to create value. This growth was a direct result of the company's success in boosting sales at existing stores and opening new ones in strategic locations. Despite the positive operational performance and the stability of the net profit before one-off items, net profit of this period was affected by exceptional, non-recurring items for its operation in Saudi Arabia. The company has taken the necessary measures to address them. During the last 12 months, 'L'azurde' continues with its expansion plan with the opening of 13 new stores (7 in Saudi Arabia and 6 in Egypt), contributing to strengthening its regional presence and increasing its market share in its main markets. The company confirmed that the results during the first half of 2025 reflect the continued momentum of its core operations, despite challenges that reflected on the net profit. It affirmed commitment to implementing best operational practices and strengthening the governance and oversight system, which will contribute to improving operational efficiency and enhancing profitability in the future. 'L'azurde' expressed optimism about the continued upward trend in revenues and its work on developing its current operating model. It stressed that ongoing improvements in retail performance and smart market expansion, along with the focus on high-value products and branding, will support positive and sustainable results in the coming periods. -End-
