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Dubai’s DEWA holds resources of almost Dh200 billion, says CEO Al Tayer

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DEWA has been set apart for the first of 10 IPOs of Dubai-owned enterprises

The Dubai-claimed utility substance DEWA right now has resources of almost Dh200 billion and activities with a consolidated worth of around Dh86 billion, as per a high ranking representative.

The reports on DEWA’s monetary and functional status comes after the organization was affirmed as the first of 10 IPOs Dubai is getting ready for driving government-possessed undertakings. These numbers ought to be sufficient to enthuse financial backers peering toward the chance of participating in the forthcoming IPO.

The ventures will be appointed in the following five years, “to fulfill the expanding need for power and water in the emirate,” said Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority. “This is accomplished through an unmistakable system and a guide to change Dubai into a focal point of greatness for new advances important to accomplish net zero outflows and arrive at 100% clean energy by 2050.

“DEWA has prevailed with regards to acquiring the certainty of significant financial backers to work in its significant activities, particularly in sustainable and clean energy utilizing the Independent Power Producer (IPP) model. Through this model, DEWA has drawn in with regards to Dh40 billion.

“With its arrangement of differentiated undertakings, DEWA is changing Dubai into a worldwide center for clean energy, utilizing distinctive troublesome advances, with an emphasis on enhancing the energy blend, as we endeavor to work on the personal satisfaction for every one individuals living in the UAE.”

Developing client base

At this point, DEWA’s client accounts absolute more than 1 million, with the normal yearly increment at 7%. Last year was a fantastic one for the utility substance, as it confronted the test of dealing with the abrupt and supported spike in power use during the pinnacle COVID-19 months. During the stage, normal use shot up 6.6 percent – the greatest such increase beginning around 2012, as per DEWA records.

“The move will assist DEWA with extending its extent of work and will add to giving new positions to Emiratis, support the business area and fortify vital associations between general society and private areas,” said Al Tayer.

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UAE flights cancelled or delayed after Israel-Iran escalation: What travellers need to know

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Several flights operated by UAE-based airlines were cancelled or delayed on Friday following Israel’s attack on Iran and the subsequent closure of regional airspace. Airlines, including Etihad Airways, Emirates, and flydubai, have announced changes to flight schedules, citing safety concerns and airspace restrictions over Iran, Iraq, Syria, and Israel.

Etihad Airways

Abu Dhabi’s national carrier cancelled and delayed multiple flights to Tel Aviv after Ben Gurion Airport shut down temporarily.

  • Cancelled:
    • EY595 (Abu Dhabi to Tel Aviv)
    • EY596 (Tel Aviv to Abu Dhabi)
  • Delayed:
    • EY593 / EY594 – by approx. 4 hours
    • EY597 / EY598 – by approx. 12 hours

Etihad is assisting affected passengers and advising them to check real-time flight status on its website or app. The airline warned that the situation remains fluid, and more disruptions may follow.

Emirates

Dubai-based Emirates cancelled several flights to Tehran, Baghdad, Basra, Amman, and Beirut on June 13 and 14. Affected services include:

  • June 13: EK943–EK946 (Baghdad, Basra), EK979–EK980 (Tehran), EK903–EK906 (Amman), EK953–EK958 (Beirut)
  • June 14: EK977–EK978 (Tehran)

Passengers connecting through Dubai to destinations in Iraq, Iran, Jordan, and Lebanon are not being accepted for travel from their origin point until further notice.

 flydubai

Low-cost carrier flydubai confirmed suspensions and reroutes for flights to Amman, Beirut, Damascus, Iran, and Israel, following airspace closures.

Some flights were cancelled, rerouted, or returned to their departure points. Passengers are urged to keep their contact details updated and check the latest flight status on flydubai.com.

Dubai Airports Advisory

Dubai International (DXB) and Al Maktoum International (DWC) reported cancellations and delays due to airspace restrictions over multiple countries.

Airport authorities are working closely with airlines to support travellers and advise passengers to check with their airline for updates before leaving for the airport.

What You Should Do:

  • Check your flight status regularly via the airline’s website or app
  • Contact your airline or travel agent for rebooking options
  • Ensure your contact details are updated with your airline
  • Arrive at the airport only after confirming your flight’s status

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UAE firms face fines from July for missing mid-year Emiratisation target

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Private sector companies in the UAE with 50 or more employees have until June 30, 2025 to meet their Emiratisation target for the first half of the year, or face financial penalties starting in July, the Ministry of Human Resources and Emiratisation (MoHRE) has warned.

What’s required?

Companies must increase the number of Emiratis in skilled jobs by at least 1% relative to their current skilled workforce, while maintaining any previous Emiratisation levels already achieved.

What happens if they don’t?

Failure to meet the target will result in mandatory financial contributions (effectively fines) that will be collected starting July 2025. The exact penalty depends on the gap in compliance.

MoHRE urges action and reporting

MoHRE is also encouraging Emirati citizens to report non-compliant companies or unethical hiring practices. Reports can be made through:

  • Call centre: 600590000
  • MoHRE app or website

Benefits for compliant firms

Companies meeting or exceeding targets may qualify for:

  • Up to 80% discounts on MoHRE service fees
  • Priority in government procurement contracts
  • Membership in the Tawteen Partners Club
    These benefits are part of the Nafis programme, which also connects employers with a large pool of qualified Emirati candidates.

Progress so far

As of May 2025, more than 141,000 Emiratis were working in the private sector across 28,000 companies, a record high, according to MoHRE.

The Ministry said it remains confident in the private sector’s commitment to Emiratisation and praised companies already contributing to the national strategy aimed at boosting economic growth and workforce diversity.

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How Dubai Metro’s new AI robot is going to make your commute smoother and safer

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If you ride the Dubai Metro regularly, here’s some good news: a new AI-powered robot is now working behind the scenes to make your daily journey safer, faster, and more reliable.

The Roads and Transport Authority (RTA) has introduced a smart robot called ARIIS (Automated Rail Infrastructure Inspection System) that autonomously checks the tracks and metro infrastructure, eliminating the need to stop trains or close lines.

So what does that mean for you as a passenger?

  • Fewer delays: With faster inspections and better planning, there’s less chance of sudden disruptions or maintenance-related delays.
  • Safer rides: The robot can detect early signs of damage or wear that humans might miss, helping prevent issues before they happen.
  • Smoother journeys: Better track maintenance means less noise and vibration, making your metro ride more comfortable.
  • More reliable service: The system helps keep the metro running on schedule, so you’re less likely to miss that important meeting or connection.

And the best part? It all happens quietly in the background, without affecting daily metro operations.

This upgrade is part of Dubai’s push to lead in smart city innovation. By utilising AI and robotics, the city not only ensures the safety of public transport but also maintains its world-class status for residents and millions of others who rely on it every day.

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