Demand for energy in Dubai has risen by around 10 per cent in 2021, compared to figures for 2020.
Figures show consumption reached 50,202 gigawatt-hours, compared to 45,712 gigawatt-hours the previous year.
Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), said the increase reflects the recovery in the economy and the return of key activities.
He said the company has used the latest in smart technology and planning to meet demand.
Al Tayer said DEWA's production capacity increased to 13,417 megawatts of electricity and 490 million imperial gallons of desalinated water per day.
In 2020, DEWA reduced electricity transmission and distribution networks losses to 3.3 per cent, compared to 6-7 per cent recorded in Europe and the US. Water network losses decreased to 5.1 per cent, compared to around 15 per cent in North America.
DEWA achieved a new world record in electricity Customer Minutes Lost per year, recording 1.66 minutes in Dubai, compared to around 15 minutes recorded by leading electricity companies in the European Union.
Britain's economy grew by the most in nearly in three years in the first quarter of 2024, ending the shallow recession it entered in the second half of last year anddelivering a boost to Prime Minister Rishi Sunak ahead of an election.
Spinneys 1961 Holding PLC, an operator of premium grocery retail supermarkets under the Spinneys, Waitrose and Al Fair brands in the UAE and Oman, started trading on Thursday on the Dubai Financial Market (DFM).
After 55 years in the travel retail industry and 41 at the helm of Dubai Duty Free (DDF), Colm McLoughlin, Executive Vice Chairman & CEO has announced that he is stepping down from his role on May 31, 2024.