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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 launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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