Dubai (Etihad)
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him, and the follow-up of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and within the framework of the decisions of the Supreme Committee for the Development of Capital Markets and Exchanges in Dubai, which he chairs His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance The new development for the financial markets in Dubai aims to double the value of the financial markets in the emirate to 3 trillion dirhams during the next phase, and to continue developing the sector and providing it with innovative tools and solutions that enhance Dubai’s competitiveness as one of the most important and largest financial centers in the world.
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Authority Headquarters (Union)
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum stressed the importance of the pivotal role played by the Authority over the past decades, praising its active contribution to supporting various development paths during the renaissance procession witnessed by the emirate. His Highness said: “Dubai Electricity and Water Authority represents one of the most important Development axes in Dubai .. and investing in it is an investment in the future of Dubai.” Regarding the mechanism of the listing process, His Highness, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance added: “The listing of the Dubai Electricity and Water Authority will be in stages, taking into account the huge assets represented by (DEWA) in the Dubai economy.”
The listing of the Dubai Electricity and Water Authority is a great success due to the authority’s financial strength and the volume of investments. Where profitable companies will be offered in new sectors to investors, in a move that indicates the acceleration of the initial offerings movement in Dubai.
The listings target a wide range of vital sectors, including the energy sectors, retail markets, and the logistics sector.
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