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.
Filipinos in the UAE who need to renew or apply for a passport will soon have to follow a different process.
The Philippine Passport Renewal Centres (PaRC) operated by VFS Global in Dubai and Abu Dhabi will stop accepting applications after June 30, 2026. From July 1 onwards, all passport applications and renewals will be handled directly by the Philippine Embassy in Abu Dhabi and the Philippine Consulate General in Dubai.
The announcement was made by the Philippine missions in the UAE through their official social media channels.
What changes from July 1?
For nearly seven years, many Filipinos in the UAE have been able to complete passport renewals through VFS-operated Passport Renewal Centres, offering a convenient alternative to visiting diplomatic missions.
However, beginning July 1, applicants will once again need to book and process their passport services directly through the Philippine Embassy in Abu Dhabi or the Consulate General in Dubai.
The Philippine missions did not provide a reason for the closure of the VFS passport renewal centres.
What happens to unclaimed passports?
Applicants who completed their passport renewal process through the VFS centres on or before June 30 do not need to worry.
According to the advisory, all passports processed through the VFS Passport Renewal Centres, including those that have not yet been collected, will be available for pickup from the Philippine Embassy in Abu Dhabi or the Philippine Consulate General in Dubai starting July 1.
Officials have also urged applicants with ready passports awaiting collection to claim them as soon as possible.
Need assistance?
Filipinos with passport-related questions can contact the Philippine missions through the following channels:
Applicants are encouraged to check directly with the embassy or consulate for the latest appointment and processing requirements before planning their visit.
Dubai government employees will once again enjoy shorter working hours and more flexible schedules this summer, thanks to the return of the Our Flexible Summer initiative.
Running from June 29 to September 10, the programme offers reduced working hours, flexible schedules and even three-day weekends for some government employees.
The move is also likely to spark renewed debate about whether similar arrangements could eventually be adopted in the private sector. In an earlier AlArabiya report, experts suggested that Dubai’s flexible summer working model could pave the way for wider adoption of shorter workweeks across the UAE and potentially the broader GCC in the years ahead, although it may be a slow process.
Two flexible work models
Under the Our Flexible Summer initiative, government entities can choose between two different working schedules based on operational requirements.
The first group will work seven hours a day from Monday to Thursday, with a shorter four-and-a-half-hour workday on Fridays.
The second group will work eight hours a day from Monday to Thursday and enjoy a full day off every Friday, effectively creating a three-day weekend throughout the summer period.
In addition, government departments may introduce remote working arrangements where appropriate, depending on the nature of their operations and service requirements.
Focus on employee wellbeing
According to the Dubai Government Human Resources Department, the initiative is designed to enhance employee well-being without compromising productivity or service delivery.
Abdullah Ali bin Zayed Al Falasi, Director General of DGHR, said the programme has shown that flexible working arrangements can improve employee satisfaction while maintaining strong institutional performance.
He noted that creating people-focused workplaces remains a key priority for Dubai as it continues to develop modern government environments that support innovation, productivity and long-term sustainability.
By providing employees with more time for family, social commitments and personal wellbeing, Dubai aims to create a more attractive and future-ready workplace culture while maintaining high standards of public service.
Sharjah City Municipality has announced that paid public parking hours across the emirate will be extended until midnight from July 1, 2026, in a move aimed at addressing rising demand for parking spaces.
The new timings will apply to all paid parking areas in Sharjah, Kalba, Khorfakkan and Al Dhaid, including zones marked with yellow signboards. These will now operate in line with blue-zone areas, which already remain chargeable until 12am.
— بلدية مدينة الشارقة (@ShjMunicipality) June 24, 2026
The municipality said parking will remain free on Fridays and official public holidays, except in designated areas where charges apply throughout the week, including holidays. In total, the revised system covers around 124,000 paid parking spaces across the emirate.
Under the new rules, parking fees will be applicable from 8am to midnight, although operating mechanisms may vary in certain smart parking zones, particularly in tourist-heavy locations.
Hamed Al Qaed, Director of the Public Parking Department at Sharjah City Municipality, said the decision follows a detailed study of parking usage patterns, occupancy levels and demand across different parts of the emirate. He added that the review also included benchmarking against other systems and feedback from residents and visitors.
He said growing commercial, economic and tourism activity had increased pressure on parking availability, particularly in the evening hours, making extended operation necessary to improve turnover and reduce congestion.
According to the municipality, the change is also intended to address difficulties faced by residents, subscription holders and visitors—especially those visiting restaurants and cafes—who often struggle to find parking after 10pm.
Officials said the extended hours are expected to improve space availability, reduce illegal or informal parking, and enhance traffic flow in busy commercial and residential districts. The move is also aimed at supporting Sharjah’s broader appeal as a place to live and visit.
The municipality clarified that there will be no increase in seasonal parking subscription fees. Existing subscribers will effectively receive two additional hours of daily coverage, with the current 14-hour free window increasing to 16 hours.
Motorists have been urged to comply with the updated timings and use official payment channels, including SMS services and the Sharjah Digital app. The municipality also encouraged residents to make use of seasonal parking permits available through its online services.
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