DEWA wins two CFI.co 2016 awards, highlighting the organization's effectiveness

DEWA wins two CFI.co 2016 awards, highlighting the organization's effectiveness | Courtesy of Shutterstock
Dubai Electricity and Water Authority (DEWA) recently won two CFI.co 2016 awards: Saeed Al Tayer, CEO of DEWA, won for Outstanding Contribution to Local Employment, and the company won for Best In-house Corporate Finance Team.
 
Al Tayer’s role in DEWA achieving objectives put forth by the UAE National Agenda helped him win the award. He also led DEWA during a time in which it helped grow UAE national capabilities and cooperated with UAE Vision 2021, which focuses on transforming Dubai into a city full of empowered, creative and happy citizens and internationals.
 
DEWA’s finance award came for its efforts to develop financial governance and stability. The company has more than 10,000 employees that help provide services to more than 760,000 consumers, so effective finances are an important cog in the organization’s machine.
 
These awards recognize DEWA for its achievements as it helps Dubai grow and reduce costs and water losses. Water network losses were reduced to 8.2 percent in the past year, while the number of power outages per customer was the best in the world.

Organizations in this story

Dubai Electricity and Water Authority Dubai - UAE Dubai, Dubai

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