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27 April 2024

UAE ranked 1st in Mena and 4th globally for 'ease of access to electricity'

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By Wam

The UAE’s is now ranked first in the Middle East and North Africa and fourth internationally for  ease of access to electricity, according to the ‘World Bank Report 2014: Doing Business’ released on Tuesday.

"Dubai Electricity and Water Authority (Dewa) has achieved this new milestone in line with its vision to become a sustainable world-class utility, and in accordance with its commitment to achieving the vision of the UAE’s leadership, fulfilling the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and promoting Dubai’s position as a global hub for trade, finance, and tourism," said Saeed Mohammed Al Tayer, Managing Director and CEO of Dewa.

"Having been benchmarked with utilities across the globe, Dewa is one of best utilities worldwide compared its counterparts," added Al Tayer.

"Dewa has achieved very competitive results that surpass the private sector, even leading European and American companies, in efficiency and reliability. This is demonstrated by our reducing losses in electricity transmission and distribution networks to just 3.5 per cent, compared to 6-7 per cent in Europe and the US. Network line losses in the water sector decreased to 10.8 per cent compared to 15 per cent in North America.

“For customer minutes lost per year, Dewa’s figures reached 5.78 minutes, significantly better than 16.4 minutes recorded by counterparts in the European Union," said Al Tayer.