Money and business

DEWA wins an award for excellence in corporate governance

Dubai Electricity and Water Authority (DEWA) received the Golden Peacock Award for Excellence in Corporate Governance for the year 2024, in recognition of its firm commitment to excellence, transparency and ethical leadership in corporate governance. This achievement reflects the Authority’s commitment to adopting the best governance practices, innovation and sustainability in all its operational operations and in various aspects of its work. Managing Director and CEO of the Authority, Saeed Mohammed Al Tayer, stressed the importance of the award in enhancing the confidence of stakeholders and investors in the Authority, the institutional identity of the Authority, and confirming the Authority’s commitment to the values ​​of institutional integrity, justice, accountability and transparency.

He said: “We are working to achieve the goals of the (We Are the Emirates 2031) vision, which constitutes a national action plan through which the UAE will complete its development path for the next decade, and focuses on the social, economic, investment, and development aspects. Through this vision, the country aims to strengthen its position as a partner.” A global, attractive and influential economic centre.”

Al Tayer stated that DEWA has adopted governance standards since 2008, stressing the commitment of all sectors and departments of the Authority to implement the best practices of good governance. The Authority won the award after a comprehensive audit process, and the honoring event was held in the British capital, London.

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