DEWA registered a 4.51 per cent annual increase in electrical connection requests for commercial projects through its Al Namoos service in 2024, according to MD and CEO of DEWA, Saeed Mohammed Al Tayer.
The increase highlights DEWA's commitment to keep pace with the rising demand for electricity and water services driven by Dubai's urban expansion as its population and economy continue to grow.
Al Namoos, an Emirati word that describes a race winner, provides electricity connections of up to 150 kilowatts within five days to DEWA’s accredited consultants and contractors through a two-step process.
DEWA received 8,241 requests for electricity connections in 2024. The number of its accredited consultants and contractors stood at 2,123 by 31 December 2024.
Consultants and contractors can also benefit from DEWA’s Soqoor Programme, Marafeq Smart Feature and the OWNEK awareness initiative, in addition to access to the second edition of its Infrastructure NOC Technical Manual.
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, with an aim to "unlock investment opportunities in vital sectors such as renewable energy, technology and agriculture".
India's financial markets rallied sharply on Tuesday after a trade deal that slashed US tariffs on Indian goods to 18 per cent from 50 per cent, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.
The UAE and the Democratic Republic of Congo have formalised economic ties through signing a Comprehensive Economic Partnership Agreement (CEPA) on Monday that aims to reduce tariffs and eliminate trade barriers.
The UAE's Ministry of Economy and Tourism has announced the conclusion of the sixth edition of the World’s Coolest Winter campaign, which recorded strong results across all seven emirates.