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FINANCIAL NEWS
Dewa invests USD14b in energy-efficiency projects
12 Mar 2014
(MENAFN) UAE-based Dewa managing director and chief executive said that the authority has an estimated investment of USD14.1 billion in energy-efficiency projects and actively promotes conservation, Khaleej Times reported.
He added that the authority is planning for the world’s best electricity and water distribution networks at a total investment of USD1.9 billion.
The managing director said that Dewa reduced the losses in the electricity transmission and distribution networks to 3.46 percent versus 6-7 percent in Europe and the US.
“We have also reduced our water network’s line losses to 10.4 per cent compared to 15 per cent in North America, setting another international benchmark,” he added.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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