Dubai Electricity and Water Authority to list 6.5% of its shares on DFM

Dubai Electricity and Water Authority to list 6.5% of its shares on DFM DUBAI, 15th March, 2022 – Dubai Electricity and Water Authority PJSC (DEWA) has announced it will list 6.5 percent of its existing shares as part of an initial public offering (IPO) on the Dubai Financial Market (DFM), in line with new strategic directions to develop the emirate’s financial market and as part of the Dubai Markets Supervisory Committee’s strategy.H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, said, “Today represents a significant…

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